$ 1,200,000

558 Lansdowne Drive, Oshawa

Legal 6-Plex. 5.43 CAP%. Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 5.43% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities. (id:1945)
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Property details for 558 Lansdowne Drive, Oshawa

Type
Multi-family
Bedrooms
11
Bathrooms
6
Lot Size
75 x 136.5 FT
Stories
2.5
Basement
Finished, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Parking
No Garage
Heating
Baseboard heaters, Electric
Cooling
Window air conditioner
Exterior
Brick
Annual Taxes
$12,242

Nearby Listings Stat

Estimated price and comparable properties near 558 Lansdowne Drive

Active Listings
1
Min Price
$1,200,000
Max Price
$1,200,000
Avg Price
$1,200,000
Days on Market
92
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Oshawa, Ontario

Population
433
Median Age
52
Median Income
$41,472
Dwelling Value
$350,084

Housing Tenure

Owners 76%
Renters 24%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 1,712.1/km²
Avg Shelter Cost: $1,297/mo
Owners with Mortgage: 62.5%
Owners Spending 30%+: 19.4%
Tenants Spending 30%+: 50%
English only: 96.5%
English and French: 3.5%
Median Household Income: $69,376
Median Employment Income: $39,211

Price History

Listed
June 30, 2026
by CENTURY 21 WENDA ALLEN REALTY
Current Price
$1,200,000
-7.7% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $1,200,000 $100,000 (-7.7%)
Aug 17, 2026 $1,300,000 +$55,000 (+4.4%)
Jul 28, 2026 $1,245,000 Listed

Contact Agent Get in touch about 558 Lansdowne Drive, Oshawa

MATT PHILLIPS
MATT PHILLIPS
CENTURY 21 WENDA ALLEN REALTY