Homes for sale - 388 Wolfe ST, Oshawa, ON L1H 3V1

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Fawad Nissari

eXp Realty

fawad.nissari@exprealty.com +1(416) 878-1085

$ 795,000

Est. payment | -/mo

3 Beds

2 Baths

Save Virtual Tour

$ 795,000

Est. payment | -/mo

Save Virtual Tour

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 Lakeview

MLS Listing ID E12052816

Style Bungalow-Raised

Bedrooms 3

Annual Tax Amount $4,023

Tax Year 2024

Property Sub-Type Detached

Property Description

Legal two-unit raised bungalow - ideal for investment or multi-generational living! The beautifully maintained raised bungalow offers a legal two-unit designation, providing fantastic flexibility for investor or homeowners looking to generate rental income. Live in one unit and rent out to other to help offset your mortgage legally or use both as a full investment property! The home features 3+1 bedrooms with the option to convert the basement family room into a two-bedroom unit for increased rental potential. The primary bedroom offers a walkout to the backyard and the layout includes 2 bathrooms, 2 living rooms, 2 kitchens, 1 family. The shared laundry room is conveniently open to the family room which could be converted into another bedroom for the upper unit or incorporated into the basement apartment to create a larger two-bedroom unit. The property boasts a spacious driveway accommodating 6-8 vehicles, a large backyard perfect for family enjoyment and a generous shed with upper loft - ideal for storage or workspace. Located close to schools, parks, essential amenities and minutes from the 401, 412 & 418, this home is in a prime location for tenants and homeowners alike. Income potential: upper unit $2,400-$2,500 plus a percentage of utilities, lower unit (1 bedroom): $1,600-$1,700 plus a percentage of utilities, lower unit (converted to 2 bedrooms) could yield $1,850-$1,950 plus a percentage of utilities. Don't miss this fantastic opportunity! OFFERS ARE WELCOME ANYTIME.

Location

Province ON

County Durham

Community Lakeview

Area Durham

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Central Vacuum, In-Law Suite, Primary Bedroom - Main Floor

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private, Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.05

Lot Depth 140.72

Total Parking Spaces 7

Building

Unit Features Fenced Yard,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Unknown

Others

Virtual Tour https://video214.com/play/SY5kl48ZLvUBHwz9fady0g/s/dark

Listed by SUTTON GROUP-HERITAGE REALTY INC.

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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Milton Home With Basement Apartment Under 1 Million

388 Wolfe ST Oshawa, ON L1H 3V1