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$665,000
Available - For Sale
Listing ID: E12285591
Introducing 174 Gibbons Street a spacious and income-generating property ideal for both first-time and experienced investors! This well-kept, all-brick detached home sits in a prime location and features generous parking and a large backyard. Whether you are looking to rent out both units or live in one and rent the other, this property offers flexibility and great potential. The upper level features a 2-bedroom unit, while the fully finished basement suite offers 1 bedroom, a full kitchen, bathroom, living area, and private side entrance. Each unit has its own kitchen and laundry facilities for added convenience. Significant updates completed in 2019 include: Two modern kitchens, New appliances and a New furnace. Situated within walking distance to the Oshawa Centre, parks, grocery stores, and close to Highway 401, this location cant be beat. Parking includes a shared rear pad and a private driveway that accommodates 4-5 vehicles. Clean, move-in ready, and full of opportunity! Upper unit tenants are paying $2,195 plus 66% of utilities. Lower unit tenants are paying $1,525 inclusive of utilities. Tenants pay their own cable. Investor breakdown included in attachments.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $49,994.4 $99,988.8 $149,983.2 $199,977.6
First Mortgage $949,893.6 $899,899.2 $849,904.8 $799,910.4
CMHC/GE $26,122.07 $17,997.98 $14,873.33 $0
Total Financing $976,015.67 $917,897.18 $864,778.13 $799,910.4
Monthly P&I $4,180.2 $3,931.28 $3,703.78 $3,425.95
Expenses $0 $0 $0 $0
Total Payment $4,180.2 $3,931.28 $3,703.78 $3,425.95
Income Required $156,757.48 $147,423.09 $138,891.66 $128,473.28

This chart 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.
CHESTNUT PARK REAL ESTATE LIMITED

174 Gibbons Stre , Oshawa, L1J 4Y3, Durham

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Durham
Municipality: Oshawa
Neighbourhood: McLaughlin
Style: Bungalow
Lot Size: x 118.00(Feet)
Approximate Age: 51-99
Tax: $3,628.25
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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