45 Fairbanks Street Oshawa, Ontario L1H 2L7
$699,999
This 3-unit property offers strong cash flow and appreciation potential in a high-demand location near Highway 401, the GO Station, Durham Transit, shopping, and schools. Currently generating $6,000/month in turnkey rental income, this property is ideal for investors or savvy buyers looking to live in one unit and rent out the others.Featuring 8 bedrooms, 4 bathrooms, and 3 self-contained units, each with its own legal kitchen and separate entrance, this home provides maximum flexibility and privacy for tenants. The property is equipped with 3 separate hydro meters, with shared water and gas utilities for simplified management. Main Unit: 4 Bedrooms | 2 Bathrooms, Basement Unit: 3 Bedrooms | 1 Bathroom, Upper Unit: 1 Bedroom | 1 Bathroom. Set on a spacious corner lot with 11 parking spaces, this property stands out as a rare find for multi-unit investors in Durham. Whether you are expanding your portfolio or seeking a property that pays for itself, this is an opportunity you don't want to miss! (id:61476)
Property Details
| MLS® Number | E12451162 |
| Property Type | Multi-family |
| Neigbourhood | Central |
| Community Name | Central |
| Parking Space Total | 11 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 8 |
| Bedrooms Total | 8 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Meter |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 111 Ft ,8 In |
| Size Frontage | 47 Ft ,6 In |
| Size Irregular | 47.5 X 111.7 Ft |
| Size Total Text | 47.5 X 111.7 Ft |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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October 23 2025 12:21:50
Central Lakes Association of REALTORS®
Revel Realty Inc.