2-Storey, Corner Lot, Semi-Detached Quick Flip or Rental Opportunity in Oshawa!! Assigned

  • $650,000
  • 3 beds
  • 2 baths
  • 1341 sqft

 Invest in the Durham dream with this well-kept, brick-and-siding, 2-storey, semi-detached beauty situated on the border between Oshawa and Whitby. Located on a spacious corner lot, with a side door entrance to the basement, this is the perfect investment opportunity! Featuring 3 bedrooms, 2 bathrooms, a finished basement, and a large patio in a desirable area, you don’t want to let this one pass you by. The average price for a 3 bedroom home in Oshawa is $779,000, up 39% over last year!! At only $650,000, this well-maintained, money making machine is ready and waiting for you to take advantage of its profitability!

We are selling our assignable purchase contract.

Closing is June 28th, 2021

PROPERTY FEATURES
  • 3 bedrooms
    • The master bedroom has double doors and is much larger than the other two bedrooms
    • 2 with laminate flooring and 1 with carpeting
  • 2 bathrooms (1 full, 1 half)
    • Full bathroom is on the second floor and was updated in the last 3 years (as per Seller)
    • Powder room is on the main floor and was updated in the last 3 years (as per Seller)
  • Built in 1981
  • Above grade: 1341 sq ft
    • First floor: 662 sq ft
    • Second floor: 679 sq ft
  • Basement: 662 sq ft 
    • ~7 ft ceiling height throughout 
    • ~6.3 ft ceiling height under bulkhead at bottom of stairs
  • Modern, newer, large, eat-in kitchen in excellent condition
  • Dishwasher is in working condition but is not currently hooked up (as per Seller)
  • Kitchen windows and doors were updated in 2021 (as per Seller)
  • All other windows were installed prior to the current owner taking possession and have not been updated since 2003 (as per Seller)
  • Laminate flooring was updated 8-10 years ago and is in rough condition (as per Seller)
  • Kitchen tile was updated in 2020 (as per Seller)
  • New front door was installed in 2021 (as per Seller)
  • Separate entrances:
    • Front door to small foyer/living room
    • Side door to kitchen/stairs to basement
    • Sliding glass doors from backyard patio to eat-in kitchen
  • 100 AMP breaker panel
  • HE gas furnace was installed 4-5 years ago (as per Seller)
    • Our APS states that the rental contract for the furnace will be assumed by the Buyer. The Seller has not yet confirmed the monthly payments or buyout amount but we will let interested parties know once the amount is confirmed. 
  • HWT was installed 4-5 years ago and is rented (as per Seller)
  • Central AC was installed in August 2020 with a 5-year warranty that transfers with the property (as per Seller)
  • Roof was updated 5-6 years ago (as per Seller)
  • Large back yard on corner lot makes this an amazing candidate for a future coach house
  • Backyard patio was installed approximately 10-years-ago (as per Seller)
  • Shed in backyard
  • 4-car, paved driveway
  • Property tax: approximately $3200/year (as per Seller)
  • Lot size: 32.51 ft x 111.31 ft
  • Zoning: R2
    • This zoning allows for a duplex (see HERE) — Buyer to verif

PROPERTY NEEDS

  • Cosmetic updating
  • Option to convert basement into a second unit (Buyer to verify)
  • Option to add a coach house to the backyard in the future (Buyer to verify)

 

Please click HERE for more information and pictures.

Price:
$650,000
Address:
King St W & Thornton Rd N
Oshawa, ON
Square Feet:
1341
Lot Size:
32.51 ft x 111.31 ft
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1981
Basement:
Finished

Call (647) 400-2093 for more details

Property Location