Gurvinder Nokwal REALTOR®
For Sale Multiplex 111 days on market

$1,200,000 ↓ $45,000 from $1,245,000

Est. payment $5,313/moCalculate yours

558 Lansdowne Drive, Oshawa, ON L1G 1W3

Eastdale, Oshawa, ON L1G 1W3

  • 11 Beds
  • 6 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of CENTURY 21 WENDA ALLEN REALTY MLS® E13503278

About this home

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.

Property details

Overview

Property Type
Multiplex
Style
2 1/2 Storey
For
For Sale
Status
Price Change
Size
3,500 sqft

Interior

Bedrooms
11
Bathrooms
6
Kitchens
6
Basement
Apartment, Finished, Walk-Up, Separate Entrance

Building & Systems

Heating
Baseboard (Electric)
Cooling
Window Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Flat
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
75 x 136.5 Feet
Parking
None garage · 7 total

Financial

Property Taxes
$12,242 (2025)

Location

Neighbourhood
Eastdale
Cross Street
Adelaide/ Wilson
Direction Faces
North

Listing

MLS® Number
E13503278
Days on Market
111
Listed On
2026-06-29
Listed By
CENTURY 21 WENDA ALLEN REALTY

Features

Interior

  • None

Pool

  • None
Included
6 Fridges, 6 Stoves, Coin Washer & Dryer
Rental items
none

Mortgage calculator

Minimum for this price: $95,000 (7.92%)

Amortization, years

Estimated mortgage payment

$5,313 per month

Principal and interest
$5,313
Property tax
$1,020
Estimated monthly cost
$6,334

Your mortgage

Mortgage amount
$960,000
Mortgage insurance
Not needed
Interest over 25 years
$634,002

Cash to close

Down payment
$240,000
Land transfer tax
$20,475
Total, before legal fees
$260,475
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

558 Lansdowne Drive, Oshawa, ON L1G 1W3 Eastdale, Oshawa, ON L1G 1W3
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,200,000 558 Lansdowne Drive, Oshawa, ON L1G 1W3
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