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In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 799,000

Est. payment | -/mo

5 Beds

3 Baths

Save Virtual Tour

$ 799,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Lakeview

MLS Listing ID E13449552

Style 2-Storey

Bedrooms 5

Annual Tax Amount $8,097

Tax Year 2026

Property Sub-Type Triplex

Property Description

Rarely offered triplex on an exceptional ravine lot, now offered at an attractive new price! With 70 feet of frontage and a lot depth exceeding 300 feet, backing onto Oshawa Creek, this income-producing property offers privacy, green space, and a setting rarely found in today's market. The building features three self-contained units with separate hydro meters, dedicated storage lockers, private entrances, coin-operated laundry, and parking for approximately 5-6 vehicles. The main and upper units each offer two bedrooms and private balcony space overlooking the expansive backyard, while the lower unit offers a spacious one-bedroom layout. Originally renovated in 2016, the property features updated kitchens, bathrooms, flooring, windows, and mechanical systems. Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Additional income is generated through the on-site coin-operated laundry facilities. What truly sets this property apart is the lot itself. Backing onto Oshawa Creek, the property offers a level of privacy and outdoor enjoyment rarely found in income-producing properties. Tenants enjoy access to a massive backyard with room to relax, entertain, garden, and play, all while being surrounded by nature. Two storage sheds are also located at the rear of the property. Conveniently located close to Highway 401, public transit, shopping, parks, schools, and Lake Ontario, this is an exceptional opportunity for investors seeking immediate positive cash flow and long-term upside. Now offered at an attractive new price, this property represents compelling value in today's market. Detailed investment package available, including virtual tour, floor plans, room measurements, operating expenses, and cash flow analysis.

Location

Province ON

County Durham

Area Durham

Zoning R5A

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Carpet Free, Separate Hydro Meter, Storage Area Lockers

Cooling None

Inclusions Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Coin-operated laundry facilities (washer & dryer). 2 sheds (as-is). 3 storage lockers. Boiler. Hot water tank.

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 70.0

Total Parking Spaces 6

Building

Building Age 51-99

Lot Description Irregular Lot

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Virtual Tour https://sites.odyssey3d.ca/mls/251407736

Listed by RE/MAX ULTIMATE REALTY INC.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

1056 Ravine RD Oshawa, ON L1H 4C8