388 Wolfe Street Oshawa ON L1H 3V1
Listing ID
#E12052816
Property Type
Detached
Property Style
Bungalow-Raised
County
Durham
Neighborhood
Lakeview
Days on website
15
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 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.
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List Price:
$ 795000
Taxes:
$ 4023
Air Conditioning:
Central Air
Approximate Square Footage:
700-1100
Basement:
Apartment, Separate Entrance
Exterior:
Brick, Vinyl Siding
Foundation Details:
Unknown
Fronting On:
North
Heat Source:
Gas
Heat Type:
Forced Air
Interior Features:
Central Vacuum, In-Law Suite, Primary Bedroom - Main Floor
Lease:
For Sale
Parking Features:
Private, Private Double
Property Features/ Area Influences:
Fenced Yard, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Roof:
Asphalt Shingle
Sewers:
Sewer
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Direct link:
https://www.search.durhamregionhomesales.com/listings/direct/441f94dce655557b9d424f0fbb7cda52
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Listed By:
SUTTON GROUP-HERITAGE REALTY INC.
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Last Updated On:Tuesday, April 15, 2025 at 8:06 AM