Description

Turnkey investment opportunity in North Oshawa with an established tenancy already in place. Property is being sold with the existing tenants in place, and the buyer will be required to assume the tenancy on closing. Currently rented for $2,750/month with tenants paying utilities, the property offers immediate rental income without the need to source new tenants. The tenants maintain the home to a high standard and take care of lawn maintenance and snow removal. Set on a court with no sidewalk, this well-kept semi-detached home features a practical 2-storey layout, finished basement and separate side entrance. The approximately 32 x 115 ft lot provides a private backyard and ample driveway parking. Significant updates include roof (2014), driveway (2016), furnace and A/C (2018), owned hot water tank (2018), electrical panel and surge protector (2019), fence (2019), plus updated flooring, trim, interior doors and soffit pot lights. Conveniently located close to Highway 407, Costco, Durham College, Ontario Tech University, transit, shopping, schools and everyday amenities. For buyers specifically seeking a tenanted rental property, 1379 Orlando offers the advantage of an established tenancy, existing rental income and a home that has been exceptionally well cared for.

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