388 Wolfe Street, Oshawa, ON Image 1

$795,000

Detached For Sale
MLS - #E12052816
2 days ago- By SUTTON GROUP-HERITAGE REALTY INC.

388 Wolfe Street, Oshawa, ON L1H 3V1

5 Bed
2 Bath
700-1100 Sqft.
None Garage

Property Description

Property type

Detached

Lot size

N/A

Style

Bungalow-Raised

Approx. Area

700-1100 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Foyer1.78 x 1.14 mVinyl FloorMain
Kitchen4.76 x 2.38 mVinyl Floor, Side Door, WindowMain
Living Room5.09 x 3.51 mBroadloom, Large WindowMain
Primary Bedroom2.97 x 2.44 mLaminate, W/O To Yard, B/I ClosetMain

About 388 Wolfe Street

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.

Home Overview

Last updated

2 days ago

Virtual tour

None

Basement information

Apartment, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Apartment, Separate Entrance
Cooling:Central Air
Heating:Forced Air
Parking Features:Private, Private Double
24
Similar Homes Found
$821,516
Average Price
-3.2%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 388 Wolfe Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest

Some information about this property - Wolfe Street

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