For Sale - 174 Gibbons Street, Oshawa, Ontario

Est payment $2,969/mo
Views   1
Time on Jump  1 days
  • Income-generating property with $3,720 monthly rental income.
  • Well-kept all-brick home with a large backyard.
  • Flexible layout for living in one unit and renting the other.
  • Both units feature their own kitchens and laundry facilities.
  • Prime location near parks, shopping, and Highway 401 access.



Introducing 174 gibbons street a spacious and income-generating property ideal for both first-time and experienced investors! $3,720 in current monthly rental income! 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! Both tenants are on month-to-month contracts. 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. Seller does not warrant retrofit status of basement. Please note that some images have been virtually staged. Offers will be reviewed december 17th please register by 5pm - seller has the right to review and accept pre-emptive offers.
Listing IDE12611902
Address174 Gibbons Street
CityOshawa, Ontario
Price$599,000
Bed / Bath3 / 2 Full
StyleBungalow, Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory Apartment, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Water HeaterOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation BrickHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  CHESTNUT PARK REAL ESTATE LIMITED
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