$899,000
Available - For Sale
Listing ID: E13449552
1056 Ravine Road , Oshawa, L1H 4C8, Durham


Rarely offered triplex on an exceptional ravine lot! With 70 feet of frontage and a lot depth exceeding 300 feet, backing onto Oshawa Creek, this income-producing property offers privacy, green space, and a setting rarely found in today's market. The building features three self-contained units with separate hydro meters, dedicated storage lockers, private entrances, coin-operated laundry, and parking for approximately 5-6 vehicles. The main and upper units each offer two bedrooms and private balcony space overlooking the expansive backyard, while the lower unit offers a spacious one-bedroom layout. Originally renovated in 2016, the property features updated kitchens, bathrooms, flooring, windows, and mechanical systems. Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Additional income is generated through the on-site coin-operated laundry facilities. What truly sets this property apart is the lot itself. Backing onto Oshawa Creek, the property offers a level of privacy and outdoor enjoyment rarely found in income-producing properties. Tenants enjoy access to a massive backyard with room to relax, entertain, garden, and play, all while being surrounded by nature. Two storage sheds are also located at the rear of the property. Conveniently located close to Highway 401, public transit, shopping, parks, schools, and Lake Ontario, this is an excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with built-in income potential. Detailed investment package available, including virtual tour, floor plans, and room measurements.
Price $899,000
Taxes: $8097.26
Occupancy: Tenant
Address: 1056 Ravine Road , Oshawa, L1H 4C8, Durham
Acreage: < .50
Directions/Cross Streets: Ravine And Wentworth
Rooms: 10
Rooms +: 3
Bedrooms: 4
Bedrooms +: 1
Family Room: F
Basement: Apartment
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 4 Ground
Washroom Type 3 4 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Shed
Approximatly Age: 51-99
Approximatly Square Footage: 2000-2500
Property Features: Ravine, River/Stream
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ULTIMATE REALTY INC.
Personal Picture
Farnaz Mahdi Zadeh
Sales Representative
Dir:
6473230311
Bus:
647-479-8477
 
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At a Glance:
Type: Freehold - Triplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style: 2-Storey
Lot Size: x 0.00(Feet)
Approximate Age: 51-99
Tax: $8,097.26
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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