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381 Mary Street, O'Neill

Price

$999,000

Bedrooms4 Beds

Bathrooms4 Baths

SizeNot listed

Year BuiltNot listed

Property TypeHouse

Property Taxes$6428.52

Maintenance FeesNot listed

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Description

Don't miss this exceptional investment opportunity in the heart of O'Neill, one of Oshawa's most desirable neighbourhoods. This legal 4-plex, rarely offered, boasts four renovated units: two updated 2-bedroom apartments and two modern bachelor units. Each unit has been thoughtfully upgraded with new interior finishes, for hassle-free ownership. The building features a fully replaced electrical system throughout with ESA confirmation and updated plumbing. 5 electrical meters with each unit individually metered. Wiring is in place to add baseboard heaters in the future. Two large storage rooms in the basement not currently being used provide an opportunity for further income! With 2 units vacant & a third vacating Jan 31st, this property provides immediate upside potential to set market rent & maximize returns. Option with coin operated laundry in the basement for even further income. Ideal for investors seeking a turn-key asset in a prime location with strong rental demand.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$4,125 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,200

Total Interest Payments

$492,756

Total Payment (Principal + Interest)

$1,291,956

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together