322 Jasper Avenue Oshawa (Lakeview), Ontario L1J 1L5

$699,990

Legal Duplex Registered with the City of Oshawa! Exceptional opportunity for investors or end users at 322 Jasper Ave, Oshawa. Ideal for OPG and GM employees. Live in one unit and offset your mortgage with rental income. Situated on a generous 6,393.76 sq ft lot, this legally registered 2-unit property features an additional self-contained basement unit, offering excellent income potential and future flexibility. Opportunity to add a 3rd unit in the backyard for additional rental income. The upper unit is currently vacant and offers 3 bedrooms, making it ideal for an owner-occupier or investor. Potential rental income for this unit is $2,400/month + Utilities and hydro. The basement unit was legalized in September 2023 and is currently rented at $1,850/month plus 40% of utilities and hydro. It includes 2 bedrooms, a 4-piece bathroom, a full kitchen with fridge, stove, and dishwasher, plus open-concept living space. With the basement legalized in September 2023, the property also benefits from no rent control. Exterior waterproofing around the foundation. Recent updates include new flooring, paint, blinds, and backsplash on the main floor completed in 2026, new washer and dryer on the main floor, and roof reshingled approximately two years ago. Outside, the property features a large private driveway with parking for up to 4 vehicles, a storage shed, and an expansive backyard with potential for a garden suite. Located in a desirable South Oshawa neighbourhood, you're just a short walk to Lakeview Park Beach, waterfront trails, parks, schools, and amenities. A rare chance to own a versatile income-producing property in a growing area. All staged photos are Virtually Staged. (id:43681)

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https://www.realtor.ca/real-estate/29639380/322-jasper-avenue-oshawa-lakeview-lakeview