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. |
Price | $795,000 |
Taxes: | $4023.20 |
Assessment Year: | 2024 |
Occupancy: | Vacant |
Address: | 388 Wolfe Stre , Oshawa, L1H 3V1, Durham |
Directions/Cross Streets: | Ritson Rd & 401 - Ritson Rd & Bloor St East |
Rooms: | 5 |
Rooms +: | 4 |
Bedrooms: | 3 |
Bedrooms +: | 2 |
Family Room: | F |
Basement: | Apartment, Separate Ent |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Foyer | 5.84 | 3.74 | Vinyl Floor |
Room 2 | Main | Kitchen | 15.61 | 7.81 | Vinyl Floor, Side Door, Window |
Room 3 | Main | Living Ro | 16.7 | 11.51 | Broadloom, Large Window |
Room 4 | Main | Primary B | 9.74 | 8 | Laminate, W/O To Yard, B/I Closet |
Room 5 | Main | Bedroom 2 | 9.81 | 9.87 | Laminate, Window, Closet |
Room 6 | Main | Bedroom 3 | 9.25 | 9.91 | Hardwood Floor, Window, Closet |
Room 7 | Main | Bathroom | 9.87 | 5.97 | 4 Pc Bath, Window |
Room 8 | Basement | Bedroom 4 | 11.28 | 10.82 | Laminate, Window, Closet |
Room 9 | Basement | Family Ro | 11.74 | 11.38 | Broadloom, Combined w/Laundry |
Room 10 | Basement | Kitchen | 11.09 | 11.41 | Vinyl Floor, Eat-in Kitchen |
Room 11 | Basement | Living Ro | 12.3 | 11.02 | Laminate, Window |
Room 12 | Basement | Bathroom | 7.9 | 5.81 | Ceramic Floor, 3 Pc Bath, Window |
Room 13 | Basement | Laundry | 10.1 | 3.28 | Concrete Floor |
Room 14 | Basement | Furnace R | 11.61 | 5.84 | Concrete Floor |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 3 | Basement |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 3 | Basement |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 4 | Main |
Washroom Type 12 | 3 | Basement |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 | |
Washroom Type 16 | 4 | Main |
Washroom Type 17 | 3 | Basement |
Washroom Type 18 | 0 | |
Washroom Type 19 | 0 | |
Washroom Type 20 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | Bungalow-Raised |
Exterior: | Brick, Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private, P |
Drive Parking Spaces: | 7 |
Park #1 | |
Parking Type: | Private, P |
Park #2 | |
Parking Type: | Private |
Park #3 | |
Parking Type: | Private Do |
Pool: | None |
Approximatly Square Footage: | 700-1100 |
Property Features: | Fenced Yard, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | Y |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | A |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP-HERITAGE REALTY INC. |
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Type: | Freehold - Detached |
Area: | Durham |
Municipality: | Oshawa |
Neighbourhood: | Lakeview |
Style: | Bungalow-Raised |
Tax: | $4,023.2 |
Beds: | 3+2 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |