$1,229,000
For sale: Multiplex

An Amazing Investment Opportunity Or Live-In One Unit WhIle The Other Two Are Rented To Generate Rental Income. Well-Suited For Investors Seeking Immediate Cash Flow, Or Owner-Occupants Looking To Offset Mortgage With Rental Income. This Newly Built All Brick Triplex Is A True Legal 3-Unit Apartment Building Built With The Highest Level Of Standards! Each Unit Is Equipped With Its Own Gas Meter, Hydro Meter, Electrical Panel And Tankless Water Heater, Ensuring That Current Tenants Pay Their Own Utilities. The Versatility Of This Triplex Is Unmatched. All Units Are Above Ground, And They All Have Front And Back Entrances. Each Unit Features An Overall Bright Open Concept Layout With Laundry Room And Utility Room And About 1228 Sq Ft. Main Floor Unit Features Living, Dining, & Kitchen With Open Plan Concept & Walkout To Deck. Primary Bedroom With 2 Closets, & 4 Pc Semi-Ensuite, 2nd Bedroom With Walk-In Closet. Mostly Newer Appliances, New Fencing And Landscaping. Unit Assigned Parking. Wise Investment In A City That Is Blooming. Unit 1 Leased At $2,300/Month, Unit 2 Leased At $2,200/Month, Unit 3 Leased $1,800/Month. Annual Expenses: Taxes $9,751.36, Insurance $2,470, Hydro $1,000, Water $1,781.99.
Sold data
Multiplex homes in Oshawa (Lakeview) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 72, across 36 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 94 days.
The median sale price was $749,950.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 36 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Oshawa (Lakeview) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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