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ROOMSE3956760
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Property Description
What An Incredible Investment Opportunity!This Legal Duplex Has Been Reno'd From Top To Bottom & Has Ability To Produce Over $600/Mnth In Cash Flow (See Attchd Schedule). The Unique "Vertical Split" Concept Is Ideal For Both Landlords&Tenants As It Gives Both Units Main Flr Living Space. Recent Reno's Incld, But Not Limited To, Spray Foam Insulation '17, New Front Kitchen '17, Pot Lights '17, Furnace '15, Bathrooms '15/17,*
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-01 | 2023-08-13 | 12 | $1,600 | $1,600 | Leased |
Extras
*New Plumbing & Electrical T/O '15, Driveway '17, 2 Hydro Meters '17, Stackable Laundry '17, All Plumbing Fixtures '17, New Lighting Fixtures '17, Laminate Flooring '17, & More! Legal 2 Unit Home, Esa Fire Department & City Certified.
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
37' x 110'
Fronting
South
Taxes
$3,051 (2017)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 13.42' x 14.83' | Backsplash, Eat-In Kitchen, Bay Window |
| Living | Upper | 8.96' x 12.07' | Laminate, Window |
| Master | Upper | 8.89' x 14.34' | Laminate, Window, Closet |
| 2nd Br | Upper | 8.99' x 10.83' | Laminate, Window, Closet |
| 3rd Br | Upper | 8.92' x 10.66' | Laminate, Window, Closet |
| Kitchen | Main | 11.25' x 17.91' | Backsplash, Eat-In Kitchen, W/O To Deck |
| Living | Lower | 14.73' x 17.29' | Laminate, Window, Pot Lights |
| Master | Lower | 11.22' x 14.67' | Laminate, Window, 4 Pc Ensuite |
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Oshawa Market Statistics
Oshawa Price Trend
225 Kinmount Cres is a 3-bedroom 3-bathroom home listed for sale at $499,900, which is $294,625 (37.1%) lower than the average sold price of $794,525 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $17,053 (2.2%) compared to the previous 30 day period (February 24 - March 24) and down $25,542 (3.1%) from the same time one year ago.Inventory Change
There were 155 3-bedroom homes listed in Oshawa over the last 30 days (March 25 - April 23), which is down 13.4% compared with the previous 30 day period (February 24 - March 24) and up 20.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $37,341 (4.7%) above asking price over the last 30 days (March 25 - April 23), which represents a $14,086 decrease compared to the previous 30 day period (February 24 - March 24) and $61,201 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Oshawa over the last 30 days (March 25 - April 23) stood at 91.0%, up from 70.4% over the previous 30 days (February 24 - March 24) and up from 79.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Oshawa stood at 12 days when successfully sold over the last 30 days (March 25 - April 23), compared to 23 days before being removed from the market upon being suspended or terminated.Listing contracted with Dan Plowman Team Realty Inc., Brokerage
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A+ location for this unique and updated legal Duplex. 90 Walkscore is a Walker's Paradise. Steps to the Oshawa Creek/Trails and the King St. Strip with all amenities/transit. Minutes to Hwy 401, Costco, Trent U, Mosque, Medical Centre, Oshawa Centre/Bus Terminal and Walmart. 10 mins to GO Station/Via Rail and a lovely 20 min stroll thru the park to the Botanical Gardens. This income producing property has 2x 900 sq ft 2 bed units, separate utilities and main floor laundry on each side. The Front Unit is currently tenanted and enjoys the morning sun on the front porch. Heated by Gas Furnace (2018) and Window unit AC. The Back Unit gets the afternoon sun, fully fenced back yard with deck and garden shed. All renovated in 2020; Spacious eat in Kitchen w/breakfast bar, Quartz counters and 4 new stainless steel appliances. 3pc Bathroom w/built in vanity and linen closet. All paint and laminate flooring, some new light fixtures, Heated/cooled by 28,000 BTU Tri Zone Mini Split AC/Heat Pumps with remotes, 2 separate electrical panels. 2 car private paved driveway, lots of street parking, quiet neighbourhood with nice neighbours.
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