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For saleMLS® E13503278

558 Lansdowne Drive, Oshawa, ON L1G 1W3

Eastdale · L1G 1W3

$1,200,000

$343 / sq ft

4 months on market

Bedrooms
11
Bathrooms
6
Interior
3,500 sf
Parking
7
Lot
75 × 136.5 ft

What's special

  • 7 parking spaces
  • Window unit(s)
  • Basement apartment

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About this property

Legal 6-Plex. 5.92% 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.

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
11
Bathrooms
6
Interior size
3,500 sq ft
Lot size
75 × 136.5 ft
Possession
Flexible

Interior

Basement
Apartment, Finished, Walk-Up, Separate Entrance
Heating
Baseboard · Electric
Cooling
Window Unit(s)
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
7
Sewer
Sewer

Costs

List price
$1,200,000
Property taxes
$12,242 / year (2025)
Price per sq ft
$343
Rental items
none

Listing

MLS® number
E13503278
Status
For sale
Listed
June 30, 2026
Days on market
128
Last updated
October 29, 2026
Listing brokerage
CENTURY 21 WENDA ALLEN REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 83% of comparable multiplex listings in Oshawa are asking less.

$699KMedian $850K$1.24M
This home
$343 / sq ft
Comparable median
$533 / sq ft

Based on 23 comparable active multiplex listings in Oshawa. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.9% · minimum $95,000
$95,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,109.73
Property tax (est.)
$1,020.17
Estimated monthly
$7,130

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$20,475
Total due on closing
$20,475

An estimate on the asking price of $1,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 WENDA ALLEN REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,200,000

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