Price
$665,000
Bedrooms3 Beds
Bathrooms2 Baths
Size700-1100 sqft
Year Built51-99
Property TypeHouse
Property Taxes$3628.25
Maintenance FeesNot listed
Introducing 174 Gibbons Street a spacious and income-generating property ideal for both first-time and experienced investors! This well-kept, all-brick detached home sits in a prime location and features generous parking and a large backyard. Whether you are looking to rent out both units or live in one and rent the other, this property offers flexibility and great potential. The upper level features a 2-bedroom unit, while the fully finished basement suite offers 1 bedroom, a full kitchen, bathroom, living area, and private side entrance. Each unit has its own kitchen and laundry facilities for added convenience. Significant updates completed in 2019 include: Two modern kitchens, New appliances and a New furnace. Situated within walking distance to the Oshawa Centre, parks, grocery stores, and close to Highway 401, this location cant be beat. Parking includes a shared rear pad and a private driveway that accommodates 4-5 vehicles. Clean, move-in ready, and full of opportunity! Upper unit tenants are paying $2,195 plus 66% of utilities. Lower unit tenants are paying $1,525 inclusive of utilities. Tenants pay their own cable. Investor breakdown included in attachments.
Dimensions
3.3' × 3.1'
Features
Laminate
Dimensions
2.21' × 3.3'
Features
Dimensions
1.5' × 1.2'
Features
Dimensions
4.8' × 3.33'
Features
Laminate
Dimensions
3.37' × 3'
Features
Hardwood Floor
Dimensions
3.69' × 2.36'
Features
Hardwood Floor
Dimensions
2.86' × 3.56'
Features
open concept, large window, laminate
Dimensions
4.46' × 3.7'
Features
hardwood floor, bay window
Dimensions
3.3' × 3.1'
Features
Laminate
Dimensions
4.46' × 3.7'
Features
hardwood floor, bay window
Dimensions
2.86' × 3.56'
Features
open concept, large window, laminate
Dimensions
4.8' × 3.33'
Features
Laminate
Dimensions
3.37' × 3'
Features
Hardwood Floor
Dimensions
2.21' × 3.3'
Features
Dimensions
3.69' × 2.36'
Features
Hardwood Floor
Dimensions
1.5' × 1.2'
Features
Have questions about this property?
Contact MeTotal Monthly Payment
$2,692 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$532,000
Total Interest Payments
$328,011
Total Payment (Principal + Interest)
$860,011
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
McLaughlin, Oshawa L1J 7Y5
McLaughlin, Oshawa L1J 5S7
McLaughlin, Oshawa L1J 5P2
McLaughlin, Oshawa L1J 7Y2
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.
A scenic township encompassing rural communities, agricultural lands, and beautiful waterfront properties around Lake Scugog
Explore Today
Known as the Trail Capital of Canada, featuring extensive hiking networks, historic downtown, and strong arts community
Explore Today
A dynamic city combining industrial heritage with modern amenities, featuring universities, shopping centers, and waterfront trails
Explore Today
A growing community with historic downtown, modern amenities, and beautiful harbor front, perfect for families and professionals
Explore Today
A diverse waterfront community offering modern amenities, extensive recreational facilities, and excellent transportation links
Explore Today
A vibrant city featuring waterfront trails, conservation areas, and diverse neighborhoods with easy access to Toronto
Explore Today
A peaceful rural city known for its friendly atmosphere, agricultural heritage, and tight-knit community spirit
Explore Today
A picturesque waterfront region featuring over 250 lakes, known for its outdoor recreation, scenic beauty, and welcoming small-town charm
Explore Today