Licensed. Leased. Income from day one. Rare opportunity to acquire a detached home currently licensed under the City of Oshawa's Residential Rental Housing License (RRHL) program for four rental bedrooms, ideally located within walking distance of Durham College and Ontario Tech University. This property offers immediate rental income from closing and presents an excellent opportunity for investors seeking an established income-producing property in one of Durham Region's strongest student rental markets. Configured with three bedrooms on the upper level and a fourth licensed bedroom in the finished basement, the home also features an additional basement bathroom, wet bar and separate family room. Complete with an attached garage and a large backyard. Parking for up to five vehicles (four in the driveway and one in the garage) provides added convenience for tenants and future owners alike. The property is currently licensed for four rental bedrooms under the City's RRHL program. The licence is due for renewal in September 2026, and the seller is willing to assist the purchaser with the City's licensing process. Beyond its investment appeal, this detached home also offers long-term flexibility. Continue operating it as a licensed rental property or hold it as a future family home in a desirable north Oshawa neighbourhood close to parks, schools, shopping, restaurants, transit and everyday amenities. A unique opportunity to acquire a licensed rental property with immediate income today and long-term flexibility for tomorrow. (id:13843)
| MLS # | E13615990 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 84 |
| Listing Provided By | RE/MAX Jazz INC. | Suzy Basmaji |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,100 |
| Garage | 5 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | All, Washer, Dryer, Window Coverings, Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Concrete |
|---|
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 5 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5387.67 |
|---|
| Province | ON |
|---|---|
| City | Oshawa (Samac) |
| Postal Code | L1G8C5 |
| Listing VS Median (in L1G8C5) | |
Price: $824,999 low | high Med: $739,900 sqft: 1,100 low | high Med: 1,500 $ / sqft: $750 low | high Med: $493 On site: 84 low | high Med: 85 | |
| Province | ON |
|---|---|
| City | Oshawa (Samac) |
| Postal Code | L1G8C5 |
| Listing VS Median (in L1G8C5) | |
Price: $824,999 low | high Med: $739,900 sqft: 1,100 low | high Med: 1,500 $ / sqft: $750 low | high Med: $493 On site: 84 low | high Med: 85 | |