388 WOLFE STREET, Oshawa, Ontario L1H 3V1

388 WOLFE STREET, Oshawa, Ontario L1H 3V1

$795,000.00

  • 5 bedrooms
  • 2 bathrooms

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 ... read more

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 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! (id:25417)

  • Listing ID: E12052816
  • Property Type: Single Family
Property
Style: Raised Bungalow
Ownership: Freehold
Lot Size: 50.05 by 140.72 FT
Fenced Yard
Parking: No Garage
7 Spaces
Building
Type: Single Family House
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer and Central Vacuum
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas
Exterior: Brick and Vinyl Siding
Basement: N/A
Utilities: Cable and Sanitary Sewer
Location
City: Oshawa
Province: Ontario
Nearby Amenities: Community Centre, Park, Place Of Worship, Public Transit and Schools
Rooms Level Dimensions
Living room Basement 3.75 m x 3.36 m
Bathroom Basement 2.41 m x 1.77 m
Laundry room Basement 3.08 m x 1 m
Bedroom 4 Basement 3.44 m x 3.3 m
Family room Basement 3.58 m x 3.47 m
Kitchen Basement 3.38 m x 3.48 m
Foyer Main level 1.78 m x 1.14 m
Kitchen Main level 4.76 m x 2.38 m
Living room Main level 5.09 m x 3.51 m
Primary Bedroom Main level 2.97 m x 2.44 m
Bedroom 2 Main level 2.99 m x 3.01 m
Bedroom 3 Main level 2.82 m x 3.02 m
Bathroom Main level 3.01 m x 1.82 m

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388 WOLFE STREET, Oshawa, Ontario L1H 3V1
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This property, located on Wolfe Street in Oshawa Ontario, was published on April 1st, 2025. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Oshawa convenient.