| Oxford Street, Oshawa, Ontario
Offer Date: October 18th, 2022
Closing Date: November 16th, 2022
About the Property
This condo townhouse consists of 3 bedrooms 1 bathroom and is a total of 1024 squarefeet. The walkout basement has been partially finished with framing redone and drywall put up. The flooring in the basement needs to be redone as it’s just concrete right now. The ceiling height of the basement is 7ft. There is no A/C and it is electric baseboard heating. The HWT was purchased in 2016. The kitchen will require a full renovation but all the upper cabinets have been taken off. We would also recommend redoing the bathroom. New laminate flooring was installed on the main floor but the upstairs flooring and carpet on the stairs need to be redone. The property was rented out but is currently vacant. The seller will be leaving behind materials such as doors, extra laminiate flooring, tile and window trim. We previously had sent this deal out but could not finalize as the property was going through probate which is now complete. Some of the building materials will be left on site making this property perfect for an investor looking for a winter fix and flip or BRRR project.
About the Neighbourhood
The subject property is situated in the Lakeview neighbourhood of Oshawa and is located about a 5 minute drive South of the 401. Highway 401 connects Oshawa with other major cities in Southern Ontario such as Toronto and Bowmanville. Durham College is only a 10 minute drive away from the property. There are countless amenities near the subject property including Tim Hortons, Pharmacy, Shoppers Drug Mart, LCBO, restaurants, schools, and much more. The subject property is only a 10 minute drive to the Oshawa Regional Hospital and a 7 minute drive to the Oshawa go station.
Property Details
- Condo Townhouse
- 3 bedrooms
- 1 bathroom
- 1024 sqft above grade
- 498 sqft below grade
- Basement is partially finished with drywall and framing recently redone
- Basement ceiling height is around 7 ft and has a walkout
- One parking spot, no driveway
- Property taxes are about $1644
- Condo fees are $645.88 as per seller
- Electricity, water, external landscaping, snow removal, exterior maintenance included
- HWT is owned and purchased in 2016
- No A/C
- Electric Baseboard Heating
- Roof and windows were redone in 2014 by the condo corporation
- Status Certificate is in the dropbox
- 100 AMP Breaker Panel – Copper Wiring with some aluminum remaining
- Built in 1975
- R3 Zoning
Recommended Renovations
- Full cosmetic renovation
- Some of the baseboard units need to be replaced
- Seller has the option to leave contents behind so we recommend budgeting for junk removal
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