1056 Ravine Road Oshawa, Ontario L1H 4C8

$899,000

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. (id:61852)

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https://www.realtor.ca/real-estate/29908932/1056-ravine-road-oshawa-lakeview-lakeview