REDUCED! $459,000 Potential Cashflow of $872/month - 3+1Bed, 2 Bath Brick Bungalow w/InLaw Suite & Garage 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. 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 Cozy 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 Well Maintained 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).

$2850.00 Per Month Potential Rent Plus Utilities Per Month ($1650 plus 60% of Utilities for Main Floor, $1050 plus 40% of Utilities for Basement, $150 for Garage).

Based on $459,000 Purchase Price:

$ 91,800.00 – 20% Down
$ 15,000.00 - Renovations to Legalize Basement Suite (Estimated)
$106,800.00

Monthly Expenses

$ 1,477.00 Debt Service (5yr variable @2.65%, 30yr AM)
$ 290.44 Property Taxes ($3,485.26 for 2018)
$ 116.83 Property Management (7% plus HST)
$ 73.85 Repairs/Maintenance (5%)
$ 20.00 Water Heater Rental
$ 1,978.12 Total Monthly Expenses

Potential Positive Cashflow of $872 per Month. There is also Potential to Create 2nd Bedroom in Basement for Additional Income.

MLS#E4272085

$459,000.00

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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