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Home ON Greater Oshawa Oshawa Lakeview
388 WOLFE STREET
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388 WOLFE STREET $795,000
$795,000
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388 WOLFE STREET
Oshawa (Lakeview), Ontario L1H3V1

MLS® Number: E12052816
3 + 2
Bedrooms
2
Bathrooms
700 - 1100
Square Feet

Listing Description

Legal two-unit raised bungalow - ideal for investment or multi-generational living! The beautifully maintained raised bungalow offers a legal two-unit designation, providing fantastic flexibility for investor or homeowners looking to generate rental income. Live in one unit and rent out to other to help offset your mortgage legally or use both as a full investment property! The home features 3+1 bedrooms with the option to convert the basement family room into a two-bedroom unit for increased rental potential. The primary bedroom offers a walkout to the backyard and the layout includes 2 bathrooms, 2 living rooms, 2 kitchens, 1 family. The shared laundry room is conveniently open to the family room which could be converted into another bedroom for the upper unit or incorporated into the basement apartment to create a larger two-bedroom unit. The property boasts a spacious driveway accommodating 6-8 vehicles, a large backyard perfect for family enjoyment and a generous size shed with upper loft - ideal for storage or workspace. Located close to schools, parks, essential amenities and minutes from the 401, 412 & 418, this home is in a prime location for tenants and homeowners alike. Income potential: upper unit $2,400-$2,500 plus a percentage of utilities, lower unit (1 bedroom): $1,600-$1,700 plus a percentage of utilities, lower unit (converted to 2 bedrooms) could yield $1,850-$1,950 plus a percentage of utilities. Don't miss this fantastic opportunity! OFFERS ARE WELCOME ANYTIME. (40152626)

Location Description

Ritson Rd & 401 - Ritson Rd & Bloor St East

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Community Name
Lakeview
Title
Freehold
Land Size
50.1 x 140.7 FT
Annual Property Taxes
$4,023.20
Parking Type
No Garage
Time on REALTOR.ca
28 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
2
Interior Features
Appliances Included
Central Vacuum, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Flooring
Vinyl, Laminate, Ceramic, Concrete, Carpeted, Hardwood
Basement Features
Apartment in basement, Separate entrance
Basement Type
N/A
Building Features
Features
In-Law Suite
Foundation Type
Unknown
Style
Detached
Architecture Style
Raised bungalow
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Park, Place of Worship, Public Transit, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
7

Measurements

Square Footage
700 - 1100 sqft

Rooms

MetricImperial
Main level
Foyer
Kitchen
Living room
Primary Bedroom
Bedroom 2
Bedroom 3
Bathroom
Basement
Living room
Bathroom
Laundry room
Bedroom 4
Family room
Kitchen

Land

Lot Features
Fencing
Fenced yard
Frontage
50 ft ,1 in
Land Depth
140 ft ,8 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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