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MultiplexListed 106 days ago

$1,200,000

558 Lansdowne Drive, Oshawa, ON L1G 1W3

Eastdale · Oshawa · L1G 1W3

Listing brokerage: CENTURY 21 WENDA ALLEN REALTY

Beds
11
Baths
6
Sq ft
3500–5000
Parking
7

Monthly costs

Property taxes

$1,020/mo

$12,242 a year (2025)

The home

Lot size
75 × 136.5 ft
Style
2 1/2 Storey
Basement
Apartment, Finished, Walk-Up, Separate Entrance
Parking
7 spots
Faces
North
Heating · cooling
Baseboard, Window Unit(s)
Possession
Flexible

About this home

Legal 6-Plex. 5.43 CAP%. Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 5.43% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities.

All details22 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
11
Bathrooms
6
Kitchens
6
Rooms
19
Size
3500-5000 sq ft

Heating & Cooling

Heat source
Electric

Parking

Covered spaces
0

Features

  • Private

Exterior & Lot

Exterior
Brick
Roof
Flat
Foundation
Concrete

Utilities

Sewer
Sewer

Taxes & Fees

HST
Not Subject to HST

Listing

MLS® number
E13503278
Type
Multiplex
Transaction
For Sale
Neighbourhood
Eastdale
Cross streets
Adelaide/ Wilson
Original price
$1,245,000
Rooms · 6Washroom ×6
  • 5 × 4-piece washroom

  • 3-piece washroom

History

Past listings and sales for this home and building.

Location

558 Lansdowne Drive, Oshawa, ON L1G 1W3 · Near Adelaide/ Wilson

Monthly cost

Estimated monthly cost

$6,334/mo

Mortgage
$5,313
Property tax
$1,020
Down payment$240,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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$1,200,000

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