117 Montrave Avenue
Oshawa (Vanier), Ontario L1J4R6

5 beds · 3 baths · null

Welcome to 117 Montrave Avenue in Oshawa! This legal duplex on a large 60-foot frontage lot is perfect for any investor, developer, or family looking for multi-generational living. Noteworthy features of this property include two legal units on separate hydro, a potential third unit in the basement, and a massive 25' x 20' detached garage, which offers the potential to add a good-sized garden suite for more rental income. Unit #1 offers cathedral ceilings with a loft bedroom, 2 baths, a full basement, and an open-concept kitchen/dining area. Unit #2 includes 3 bedrooms, 2 baths, and a partially finished basement. This could be a great opportunity to live in the property while converting the basement into a separate unit and turning the large garage into a garden suite. Whether you are an investor or house hacking your way to live for free, this property is only minutes from the Oshawa Centre and 401, GO Train. Check out the virtual Tours online. **** EXTRAS **** Unit #1 (Loft Unit) is tenant-occupied on a month-to-month basis at $1,588.75 per month, while Unit #2 (Greater Unit) is also tenant-occupied on a month-to-month basis at $2,357.50 per month. Both tenants would like to stay. (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage

Stories 1.5

Bedrooms 5

Bathrooms 3

Parking 8

NeighbourhoodVanier

Land size 60 x 115 FT

Heating type Forced air

Basement typeN/A (Finished)

Parking Type Detached Garage

Time on REALTOR.ca15 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: RE/MAX METROPOLIS REALTY

Powered by: REALTOR.ca

Home price

$799,900

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$7,276 / month

Rent $6,435

Savings $842

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$6,413 / month

Rent $6,238

Savings $175

Initial deposit 5%

Savings target Fixed at 5%

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