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    For Sale - 1056 Ravine Road, Oshawa, Ontario

    Est payment $3,837/mo
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    Views   4
    Time on Jump  65 day

    AI Summary *

    • Triplex on a rare ravine lot providing privacy and green space.
    • Three self-contained units with separate hydro meters and private entrances.
    • Expansive backyard for outdoor enjoyment, relaxation, and activities.
    • Updated kitchens and bathrooms in each unit, ready for tenants.
    • Conveniently located near shopping, parks, schools, and Lake Ontario.




    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.
    Listing IDE13449552
    Address1056 Ravine Road
    CityOshawa, Ontario
    Price$799,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Separate Hydro Meter, Storage Area LockersAmenities Ravine, River/StreamFeatures Irregular LotOwnership FreeholdWaterfront NoneBasement ApartmentFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  RE/MAX ULTIMATE REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1056 Ravine Road
    Oshawa , Ontario
    5 3 $799,000
    Get more info