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)
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
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%