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Introducing 174 Gibbons Street a spacious and income-generating legal duplex ideal for both first-time and experienced investors! This well-kept, all-brick detached home sits in a prime location and features generous parking and a large backyard. Whether you are looking to rent out both units or live in one and rent the other, this property offers flexibility and great potential. The upper level features a 2-bedroom unit, while the fully finished basement suite offers 1 bedroom, a full kitchen, bathroom, living area, and private side entrance. Each unit has its own kitchen and laundry facilities for added convenience. Significant updates completed in 2019 include: Two modern kitchens, New appliances and a New furnace. Situated within walking distance to the Oshawa Centre, parks, grocery stores, and close to Highway 401, this location cant be beat. Parking includes a shared rear pad and a private driveway that accommodates 4-5 vehicles. Clean, move-in ready, and full of opportunity! Upper unit tenants are paying $2,195 plus 66% of utilities. Lower unit tenants are paying $1,525 inclusive of utilities. Tenants pay their own cable. Investor breakdown included in attachments.
All Appliances (Refrigerator (2), Stove (2), Microwave (1)), All ELFs, All Window Coverings
City: Oshawa
Neighborhood: McLaughlin
Purchase Price | $695000 |
Down Payment | $139000 |
Mortgage Insurance | $0 |
Total Mortgage | $556000 |
Mortgage Payment | $3426 |
Property Taxes | $302 |
Maintenance Fees | $0 |
Monthly Payment | $3729 |
Sold Comparables homes near 174 Gibbons St, Oshawa
Located at 174 Gibbons St , this Oshawa house is available for sale. This property was listed for $695,000 on Wed Jul 16 2025. This house's size is 700-1100 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Living, Primary, 2nd Br, Kitchen, Living, Primary, Other. This property comes with 4 parking spots. 174 Gibbons St, Oshawa is situated in the McLaughlin neighbourhood.
MLS#: E12285591 · $695,000 · 3 bedroom house in McLaughlin, Oshawa