100 Martindale St, Oshawa, L1H 6W6

Home Overview

Description

An investor's dream! 100 Martindale St is a fully renovated 5-level back-split, brilliantly configured with 3 separate entrances to create three potential income-generating units. This property offers unparalleled flexibility and the potential to generate up to $7,000 in monthly rental income.Live comfortably while your tenants pay your mortgage! The versatile layout allows an owner to occupy one unit and collect approximately $4,000 a month from the other two. The property's unique design includes: * A legal 1-bedroom, 1-bathroom basement apartment. * A spacious main house that can be enjoyed as a large single-family home OR easily separated into two distinct suites, thanks to the multiple entrances and multi-level layout.Nestled in a mature, family-friendly community, this home offers the perfect balance of tranquility and convenience. You're surrounded by lush parks and scenic ravine trails, yet just minutes from top-rated schools, community centres, and shopping plazas. Commuting is a breeze with effortless access to Highways 404 and 407, and both YRT bus stops and the GO Station are nearby for easy travel across the GTA. * Triple Income Potential: Configured as three potential units with 3 separate entrances. * Exceptional Cash Flow: Generate up to $7,000/mo, or live in one unit and collect ~$4,000/mo as a mortgage helper. * Total Space: 6Bedrooms | 3 Full Bathrooms | 3 Kitchens | 3 Living/Family Rooms across all units. * Completely Renovated: New engineered hardwood on the first 3 levels and luxury vinyl in the basement. * Modern Upgrades: Upgraded 200-amp electrical, new A/C, and all new stainless steel appliances. * Unbeatable Location: Quiet, sought-after street with quick access to top schools, parks, public transit, and major commuter routes like Hwy 404 & 407.(Note: New hot water tank is a rental at $36/month).

11 days

On Market

Detached

Property Type

$4,762 / Year

Est. Taxes

Backsplit 5

Style

Carport

Garage

Full

Basement

Location & Areas