Price Estimate: $3,054,064
1182 Linbrook Rd
Eastlake, Oakville
$3,295,000
Price Estimate: $3,054,064
Buy with Dwelly and Save $32,950
Home Details
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Listing Description
Rare opportunity to own a 5 unit residential property. All units have been recently renovated. On a 15,000 square foot lot which can be developed into a single luxury home in the future. Lot suits a modern build. If interested, request to see plans for a new house that were drawn. 4 units are currently leased for a monthly income of $10,350. The fifth unit would get $2,250. High monthly cash flow from a residential property in this price range. Big lots in Southeast Oakville have appreciated well as they allow for the development of larger homes. As they become more scarce, that trend is likely to continue. Given these units are recently renovated, this is an excellent land-banking opportunity. 5 kitchens worth of appliances. 2 sets of laundry equipment. Split systems for heating/cooling. Window coverings and electric light fixtures. Walk to schools in Morrison.
City: Oakville
Neighborhood: Eastlake
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 29, 2023 | 103 | $3,295,000 | N/A | Expired | W7043954 |
| Mar 8, 2022 | 9 | $2,999,999 | N/A | Terminated | W5527261 |
| Jan 15, 2021 | 10 | $2,350,000 | $2,175,000 | Sold | W5085560 |
| Sep 28, 2020 | 91 | $2,495,000 | N/A | Expired | W4930658 |
| Aug 10, 2011 | 15 | $1,050,000 | $1,000,000 | Sold | W2172548 |
| Jul 14, 2010 | 139 | $1,249,000 | N/A | Expired | W1917950 |
Rooms
Room dimensions for 1182 Linbrook Rd, Oakville
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 1182 Linbrook Rd is 17164
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3295000 |
| Down Payment | $659000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2636000 |
Monthly Payment
| Mortgage Payment | $16244 |
| Property Taxes | $920 |
| Maintenance Fees | $0 |
| Monthly Payment | $17164 |
Sold Comparables
Sold Comparables homes near 1182 Linbrook Rd, Oakville
About 1182 Linbrook Rd, Oakville
Located at 1182 Linbrook Rd , this Oakville house is available for sale. This property was listed for $3,295,000 on Fri Apr 05 2024. This house's size is 80.03 x 190.24 Feet. It has 6 bedrooms and 6 bathrooms. The property includes the following rooms: Kitchen, Living, Br, Kitchen, Dining, Living, Br, Kitchen, Dining, Living, Br, Kitchen. This property comes with 6 parking spots. 1182 Linbrook Rd, Oakville is situated in the Eastlake neighbourhood.
MLS#: W8166604 · $3,295,000 · 6 bedroom house in Eastlake, Oakville