388 WOLFE STREET Active Save Request In-Person Tour Request Virtual Tour
Oshawa (lakeview),ON L1H3V1
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $1,135
Subdivision Lakeview
MLS Listing ID E12052816
Style Raised bungalow
Bedrooms 5
Originating Board Toronto Regional Real Estate Board
Property Sub-Type Freehold
Property Description
Legal two-unit raised bungalow - ideal for investment or multi-generational living! The beautifully maintained raised bungalow offers a legal two-unit designation, providing fantastic flexibility for investor or homeowners looking to generate rental income. Live in one unit and rent out to other to help offset your mortgage legally or use both as a full investment property! The home features 3+1 bedrooms with the option to convert the basement family room into a two-bedroom unit for increased rental potential. The primary bedroom offers a walkout to the backyard and the layout includes 2 bathrooms, 2 living rooms, 2 kitchens, 1 family. The shared laundry room is conveniently open to the family room which could be converted into another bedroom for the upper unit or incorporated into the basement apartment to create a larger two-bedroom unit. The property boasts a spacious driveway accommodating 6-8 vehicles, a large backyard perfect for family enjoyment and a generous size shed with upper loft - ideal for storage or workspace. Located close to schools, parks, essential amenities and minutes from the 401, 412 & 418, this home is in a prime location for tenants and homeowners alike. Income potential: upper unit $2,400-$2,500 plus a percentage of utilities, lower unit (1 bedroom): $1,600-$1,700 plus a percentage of utilities, lower unit (converted to 2 bedrooms) could yield $1,850-$1,950 plus a percentage of utilities. Don't miss this fantastic opportunity! OFFERS ARE WELCOME ANYTIME. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Basement 3.75 m X 3.36 m Living room
Extra Room 2 Basement 2.41 m X 1.77 m Bathroom
Extra Room 3 Basement 3.08 m X 1 m Laundry room
Extra Room 4 Basement 3.44 m X 3.3 m Bedroom 4
Extra Room 5 Basement 3.58 m X 3.47 m Family room
Extra Room 6 Basement 3.38 m X 3.48 m Kitchen
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Vinyl,Laminate,Ceramic,Concrete,Carpeted,Hardwood
Exterior
Parking Features No
Fence Fenced yard
Community Features Community Centre
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Others
Ownership Freehold
Virtual Tour https://video214.com/play/fFzaKhqcWjz2dqJ71LujTw/s/dark