Price
$1,199,900
Bedrooms4 Beds
Bathrooms3 Baths
Size2000-2500 sqft
Year BuiltNot listed
Property TypeHouse
Property Taxes$5068
Maintenance FeesNot listed
CASH FLOWING LEGAL TRIPLEX in highly sought-after North Oshawa! $69,500/Yr in rental income! This CASH FLOW POSITIVE, custom-built, FULLY RENOVATED triplex is a turn-key investment with modern finishes and excellent, RELIABLE tenants already in place, all paying MARKET RENT, ensuring immediate and steady rental income. Whether you're a seasoned investor or looking to expand your portfolio, this property offers exceptional returns with huge upside potential for long-term appreciation and future redevelopment possibilities. The triplex features three self-contained units. Unit 1: 3 bed, 1 bath; Unit 2: 1 bed, 1 bath; Unit 3: 3 bed, 1 bath, all with their own ensuite laundry, each designed for maximum functionality and rental appeal. With high-end finishes, low-maintenance upgrades, and separate entrances, this property is built for strong tenant retention and minimal upkeep, making it a hassle-free, income-generating asset. Beyond the interiors, the large backyard provides outdoor space for tenant enjoyment, further increasing the property's desirability. Situated in a prime location, this triplex offers easy access to schools, shopping, parks, and public transit, making it an attractive rental option in an area where demand for quality housing is high. With tenants already paying market rent, this is a rare opportunity to secure a high-performing multi-family asset that delivers immediate cash flow and long-term growth potential. Dont miss out on this exceptional investment opportunity, a fully tenanted, income-generating property in one of Oshawa's most desirable neighborhoods!
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Contact MeTotal Monthly Payment
$4,733 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$959,920
Total Interest Payments
$591,850
Total Payment (Principal + Interest)
$1,551,770
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
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.
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