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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$795,000
Available - For Sale
Listing ID: E12052816
388 Wolfe Stre , Oshawa, L1H 3V1, Durham


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
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-HERITAGE REALTY INC.
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Freehold - Detached
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style: Bungalow-Raised
Lot Size: x 140.72(Feet)
Approximate Age:
Tax: $4,023.2
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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