Potential Positive Cashflow of $657 per Month - Well Maintained 3+1 Bedroom, 2 Bath Brick Bungalow with InLaw Suite in Oshawa.

Dana14120

Broker of Record, Punk Rock Realty, Inc.
REIN Member
Feb 27, 2018
5
0
1
Ontario
www.punkrockrealty.ca
#1
Steps To The Lake in Quiet, Friendly Neighbourhood.

One Bus to Oshawa GO Station or the Oshawa Centre. Convenient to Highways, Providing an Easy Commute to all of Durham Region and the GTA.

The Main Level Features 3 Bedrooms and 1 Bathroom with Updated Eat-In Kitchen. Hardwood Floors and Ceramics Throughout.

Accessory Suite Potential with Side Entrance to Finished Basement Containing a Rec Room w/Built-In Wet Bar, Bedroom and Bathroom.

Plenty of Driveway and Street Parking and the Fenced Backyard Features a Detached Brick 1.5 Car Garage.

Owner Occupied and Loved with Newer Vinyl Clad Windows, Shingles (2013), and Trane Furnace and Trane Central Air. Basement Renovated (2008) with New Plumbing and Drains, with all Permits and Inspections. West Wall Professionally Waterproofed (2014).

Currently Owner Occupied with Vacant Possession upon Closing, so Set Your Own Rents - Estimated at:


$ 1,650 Main Floor (with Tenant Paying 60% of Utilities)
$ 1,050 Basement (with Tenant Paying 40% of Utilities)
$ 150 Garage
$ 2,850 Per Month Potential Rent

Based on $479,900 Purchase Price:

$ 95,980 20% Down
$ 15,000 Renovations to Legalize Basement Suite if Desired (Estimated)
$109,980

Monthly Expenses

$ 1,514 Debt Service (5yr variable @2.50%, 30yr AM)
$ 291 Taxes ($3,485.26 for 2018)
$ 225 Property Management (7% plus HST)
$ 143 Repairs/Maintenance (5%)
$ 20 Water Heater Rental
$ 2,193 Total Monthly Expenses

Potential Positive Cashflow of $657 per Month.

MLS#E4272084

$479,900.00

For More Info, Photos and Virtual Tour visit:

https://www.realtor.ca/Residential/...24-BEAUPRE-AVE-Oshawa-Ontario-L1J1E3-Lakeview

Give Me a Shout Anytime Should You Have any Questions or Would Like to View!

Cheers,
Dana

Dana Snow
Broker of Record
Punk Rock Realty, Inc.
Email: dana@punkrockrealty.ca
Office Phone/Fax: 1-888-999-9731
Cell: 905-537-2282

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