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$795,000
388 WOLFE STREET
Oshawa, Ontario, Ontario, L1H3V1
MLS® Number: E12052816
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. Great Investment at a potential 5.5% Cap Rate
Building information
Type
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Appliances
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Architectural Style
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Basement Features
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Flooring Type
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Fence Type
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bathroom
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Bedroom 3
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Bedroom 2
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Primary Bedroom
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Living room
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Kitchen
*****
Foyer
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Basement
Kitchen
*****
Family room
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Bedroom 4
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Laundry room
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Bathroom
*****
Living room
*****
Main level
Bathroom
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Foyer
*****
Basement
Kitchen
*****
Family room
*****
Bedroom 4
*****
Laundry room
*****
Bathroom
*****
Living room
*****
Main level
Bathroom
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Foyer
*****
Basement
Kitchen
*****
Family room
*****
Bedroom 4
*****
Laundry room
*****
Bathroom
*****
Living room
*****
Main level
Bathroom
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Foyer
*****
Basement
Kitchen
*****
Family room
*****
Bedroom 4
*****
Laundry room
*****
Courtesy of SUTTON GROUP-HERITAGE REALTY INC.
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