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1056 Ravine Road, Oshawa, ON L1H 4C8
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1056 Ravine Road, Oshawa, ON L1H 4C8
Oshawa , L1H 4C8
$899,000.00
5 Bedrooms 3 Bathrooms Residential Freehold
Property Details
MLS Number E13449552
Property Type Residential Freehold
City Oshawa
City Region Lakeview
Postal Code L1H 4C8
Cross Street Ravine And Wentworth
Street Number 1056
Street Name Ravine
Lot Width 70 ft
Bedrooms 5
Bathrooms 3
Annual Tax $8,097.26
Sewer Sewer
Occupant Type Tenant
Description
Rarely offered triplex on an exceptional ravine lot! With 70 feet of frontage and a lot depth exceeding 300 feet, backing onto Oshawa Creek, this income-producing property offers privacy, green space, and a setting rarely found in today's market. The building features three self-contained units with separate hydro meters, dedicated storage lockers, private entrances, coin-operated laundry, and parking for approximately 5-6 vehicles. The main and upper units each offer two bedrooms and private balcony space overlooking the expansive backyard, while the lower unit offers a spacious one-bedroom layout. Originally renovated in 2016, the property features updated kitchens, bathrooms, flooring, windows, and mechanical systems. Each unit is equipped with a refrigerator, stove, microwave hood fan, and dishwasher (excluding the lower unit). Additional income is generated through the on-site coin-operated laundry facilities. What truly sets this property apart is the lot itself. Backing onto Oshawa Creek, the property offers a level of privacy and outdoor enjoyment rarely found in income-producing properties. Tenants enjoy access to a massive backyard with room to relax, entertain, garden, and play, all while being surrounded by nature. Two storage sheds are also located at the rear of the property. Conveniently located close to Highway 401, public transit, shopping, parks, schools, and Lake Ontario, this is an excellent opportunity for investors looking to expand their portfolio or buyers seeking a property with built-in income potential. Detailed investment package available, including virtual tour, floor plans, and room measurements.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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