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In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
3 Beds
2 Baths
$ 599,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Mclaughlin
MLS Listing ID E12611902
Style Bungalow
Bedrooms 3
Annual Tax Amount $3,628
Tax Year 2025
Property Sub-Type Detached
Property Description
Introducing 174 Gibbons Street a spacious and income-generating property ideal for both first-time and experienced investors! $3,720 in current monthly rental income! 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! Both tenants are on month-to-month contracts. 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. Seller does not warrant retrofit status of basement. Please note that some images have been virtually staged. Offers will be reviewed December 17th please register by 5pm - Seller has the right to review and accept pre-emptive offers.
Location
Province ON
County Durham
Community Mclaughlin
Area Durham
Rooms
Family Room No
Basement Apartment, Finished with Walk-Out
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Accessory Apartment, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 43.92
Lot Depth 118.0
Total Parking Spaces 4
Building
Building Age 51-99
Foundation Brick
Others
Senior Community No
ParcelsYN No
Listed by CHESTNUT PARK REAL ESTATE LIMITED
LSV GROUP
Phone