558 Lansdowne Drive, Oshawa, ON L1G 1W3
Oshawa, ON, L1G 1W3 · Eastdale
About this property
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.
Features & Amenities
- Basement: Apartment, Finished, Walk-Up, Separate Entrance
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 11 |
| Bathrooms | 6 |
| Basement | Apartment, Finished, Walk-Up, Separate Entrance |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $12,242 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Flat
- Basement
- Apartment, Finished, Walk-Up, Separate Entrance
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
- Parking Total
- 7.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 136.50
- Lot Width
- 75.00
Financial & Tax
- Tax Annual Amount
- $12,242
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 19
- Kitchens Above Grade
- 6
- Kitchens Total
- 6
- Bedrooms Above Grade
- 11
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Durham
- Cross Street
- Adelaide/ Wilson
- Directions
- Wilson/Adelaide
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks, List Salesperson
Location
558 Lansdowne Drive, Oshawa, ON L1G 1W3, Oshawa, ON, L1G 1W3