1379 Orlando Court
Samac / Oshawa, ON L1G 6T8
About This Property
Turnkey investment opportunity in North Oshawa with an established tenancy already in place. Property is being sold with the existing tenants in place, and the buyer will be required to assume the tenancy on closing. Currently rented for $2,750/month with tenants paying utilities, the property offers immediate rental income without the need to source new tenants. The tenants maintain the home to a high standard and take care of lawn maintenance and snow removal. Set on a court with no sidewalk, this well-kept semi-detached home features a practical 2-storey layout, finished basement and separate side entrance. The approximately 32 x 115 ft lot provides a private backyard and ample driveway parking. Significant updates include roof (2014), driveway (2016), furnace and A/C (2018), owned hot water tank (2018), electrical panel and surge protector (2019), fence (2019), plus updated flooring, trim, interior doors and soffit pot lights. Conveniently located close to Highway 407, Costco, Durham College, Ontario Tech University, transit, shopping, schools and everyday amenities. For buyers specifically seeking a tenanted rental property, 1379 Orlando offers the advantage of an established tenancy, existing rental income and a home that has been exceptionally well cared for.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13755688
Listed by HOUSESIGMA INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,929
/month · $479,920 mortgage
Amortization
Total Interest
$398,897
Total Cost
$878,817
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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