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Property Description
Investor's Dream!** Legal Duplex Currently Leased To Two Separate Tenants(See Attachments)**Tenants Can Stay Or Go!!** Lots Of Upgrades W/Updated Plumbing & Some Updated Windows. Possibility For Third Suite In Bsmt. Close To 401, Future Go Station, Shopping & Durham Transit. Main Floor & Bsmt Pay $1,400/Mnth Inclusive; Upper Pays $575/Mnth(This Previously Assumed Tenant Pays Under Market Rent & Looks After Property)! Both Tenants On Month To Month Lease!
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Extras
2 Fridges, 2 Stoves, Washer, Dryer, All Electric Light Fixtures, All Window Coverings, Gas Burner & Equipment! Parking For 8 Cars
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Property Details
Street
Community
City
Property Type
Duplex, 1 1/2 Storey
Lot Size
41' x 110'
Acreage
< .50
Fronting
West
Taxes
$3,626 (2017)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.42' x 12.43' | Hardwood Floor, Bay Window, Plaster Ceiling |
| Dining | Main | 11.52' x 11.91' | Hardwood Floor, French Doors, Picture Window |
| Kitchen | Main | 11.52' x 12.24' | Ceramic Back Splash |
| Master | Main | 9.42' x 9.45' | Window, Se View, Hardwood Floor |
| 2nd Br | Main | 9.51' x 9.81' | Se View, Window, Window |
| Living | Upper | 10.47' x 13.91' | |
| Kitchen | Upper | 10.24' x 18.73' | Eat-In Kitchen |
| 3rd Br | Upper | 8.83' x 14.01' | |
| 4th Br | Lower | 11.52' x 10.50' | Broadloom, Closet |
| Living | Lower | 11.52' x 23.79' | Broadloom, Pot Lights, Window |
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Oshawa Market Statistics
Oshawa Price Trend
550 Drew St is a 3-bedroom 3-bathroom home listed for sale at $399,900, which is $386,871 (49.2%) lower than the average sold price of $786,771 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $727 (0.1%) compared to the previous 30 day period (February 26 - March 26) and down $32,531 (4.0%) from the same time one year ago.Inventory Change
There were 162 3-bedroom homes listed in Oshawa over the last 30 days (March 27 - April 25), which is down 13.4% compared with the previous 30 day period (February 26 - March 26) and up 16.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $32,683 (4.2%) above asking price over the last 30 days (March 27 - April 25), which represents a $23,525 decrease compared to the previous 30 day period (February 26 - March 26) and $63,520 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 27 - April 25) stood at 87.7%, up from 72.7% over the previous 30 days (February 26 - March 26) and up from 82.7% 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 11 days when successfully sold over the last 30 days (March 27 - April 25), compared to 23 days before being removed from the market upon being suspended or terminated.Listing contracted with Beg Brothers Real Estate, Brokerage
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