1033 Ravine Rd., Oshawa
$1,625,000
Highlights
Units
6
Stories
2
Price Per Unit
$270,833
Lot Size
95' x 115'
Cap Rate
6.1%
Excellent brick 6 unit apartment building (5 x 2 Bd, 1 x 1 Bd) in the sought-after Lakeview neighborhood with phenomenal Curb appeal. 1 – 2 bd unit presently Vacant. Close to all amenities, walking distance to 6 different parks, 5 Schools and public transit. All units have large principal rooms and vinyl/hardwood floors throughout. Many units have been updated in the last 4 years. Front and rear entrances for each unit (except unit 6), separate hydro meters, separate Electric hot water tanks with Tenants paying hydro. Shared laundry in the lower level & Ample onsite parking present opportunities for additional future income. Boiler replaced – 2021, Fire retrofit – 2021, Roof ~12 yrs old, Plumbing upgraded – 2021.
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.