Jag Patel
Broker
$1,625,000
Available - For Sale
Listing ID: E12843596
1033 Ravine Road , Oshawa, L1H 4C9, Durham
| 6.1% Cap including Maintenance, Super & Vacancy, Excellent brick 6 unit apartment building (5 x 2 Bd, 1 x 1 Bd) in the sought-after Lakeview neighborhood with phenomenal Curb appeal. 1-2 Bedroom unit presently vacant. Close to all amenities, walking distance to 6 different parks, 5 Schools and public transit. All units have large principal rooms and vinyl/hardwood floors throughout. Many units have been updated in the last 4 years. Front and rear entrances for each unit (except unit 6), separate hydro meters, separate Electric hot water tanks with Tenants paying hydro. Shared laundry in the lower level & Ample onsite parking present opportunities for additional future income. Boiler replaced - 2021, Fire retrofit - 2021, Roof ~12 yrs old, Plumbing upgraded - 2021. |
| Price | $1,625,000 |
| Taxes: | $12805.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1033 Ravine Road , Oshawa, L1H 4C9, Durham |
| Postal Code: | L1H 4C9 |
| Province/State: | Durham |
| Legal Description: | Plan 625, Pt. Lt. 12, 13 |
| Directions/Cross Streets: | Wentworth / Simcoe |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4094.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Financial Statement: | F |
| Water Expense: | $2552 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| MYSAK REALTY INC. |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Lakeview |
| Approximate Age: | 51-99 |
| Tax: | $12,805 |
| Fireplace: | N |
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