$1,200,000
SaleListed 3 months ago
558 Lansdowne Drive, Oshawa, ON L1G 1W3
MultiplexEastdale, Oshawa, L1G 1W3· MLS® E13503278
About this home
Legal 6-Plex. 5.43 CAP%. Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 5.43% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities.
Key facts
- Property type
- Multiplex
- Parking
- 7
- MLS®
- E13503278
- Basement
- Apartment, Finished, Walk-Up, Separate Entrance
- Lot size
- 75 × 136.5
- Taxes
- $12,242/yr
- Bedrooms
- 11
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- Apartment, Finished, Walk-Up, Separate Entrance
- Heating
- Baseboard
- Cooling
- Window Unit(s)
Mortgage calculator
Total cost of mortgage
$1,724,135
Estimated monthly
$5,747/mo
Estimates only, for illustration. Rates and terms vary by lender; confirm with a licensed mortgage professional. Listing courtesy of CENTURY 21 WENDA ALLEN REALTY.
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Unlock sold dataListing courtesy of CENTURY 21 WENDA ALLEN REALTY. Data last updated Aug 17, 2026. Provided by Toronto Regional Real Estate Board (TRREB) via PropTx MLS® for personal, non-commercial use; deemed reliable but not guaranteed.
