1033 Ravine Road, Oshawa, ON L1H 4C9
$1,625,000
$1,625,000

1033 Ravine Road

Lakeview, Oshawa, Durham $1,625,000

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11 Beds
6 Baths
3500-5000 sqft
Parking for 9
East Facing
Zoning: R5-A
MLS®#:
E12843460
Property Type:
Multiplex
Property Style:
2-Storey
Area:
Durham
Community:
Lakeview
Taxes:
$12,805 / 2025
Added:
March 04 2026
Lot Frontage:
95.69
Lot Depth:
115
Status:
Active
Outside:
Brick
Year Built:
Basement:
Finished,Apartment
Brokerage:
MYSAK REALTY INC.
Lot :

115

95

Lot Irregularities:
South:124.2' East:95.25' Survey On File
Intersection:
Wentworth / Simcoe
Rooms:
Bedrooms:
11
Bathrooms:
6
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Water
Heating Fuel:

Listing Details

6.1% Cap including Maintenance, Super & Vacancy. Excellent brick 6 unit apartment building (5 x 2 Bd, 1 x 1 Bd) in the sought-after Lakeview neighborhood with phenomenal Curb appeal. 1-2 bedroom unit presently vacant. Close to all amenities, walking distance to 6 different parks, 5 Schools and public transit. All units have large principal rooms and vinyl/hardwood floors throughout. Many units have been updated in the last 4 years. Front and rear entrances for each unit (except unit 6), separate hydro meters, separate Electric hot water tanks with Tenants paying hydro. Shared laundry in the lower level & Ample onsite parking present opportunities for additional future income. Boiler replaced - 2021, Fire retrofit - 2021, Roof ~12 yrs old, Plumbing upgraded - 2021.

6 Fridges, 6 Stoves, 6 Hot Water Tanks, 1 Washer, 1 Dryer

Insights

  1. Strong Investment Potential: With a 6.1% cap rate, this property offers a solid return on investment, making it an attractive option for buyers looking for income-generating properties.
  2. Prime Location: Situated in the desirable Lakeview neighborhood, the property is within walking distance to parks, schools, and public transit, enhancing its appeal to potential tenants.
  3. Recent Upgrades: Significant renovations, including plumbing and boiler updates in 2021, ensure the property is well-maintained and reduces immediate repair costs for the new owner.

Property Features

Beach
Public Transit
Rec./Commun.Centre
School
Park
Ravine

Sale/Lease History of 1033 Ravine Road

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Neighborhood Overview

Complete neighborhood profile for 1033 Ravine Road

Lakeview home prices

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Insights for 1033 Ravine Road

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)