$824,999Asking Price
Licensed. Leased. Income from day one. Rare opportunity to acquire a detached home currently licensed under the City of Oshawa's Residential Rental Housing License (RRHL) program for four rental bedrooms, ideally located within walking distance of Durham College and Ontario Tech University. This property offers immediate rental income from closing and presents an excellent opportunity for investors seeking an established income-producing property in one of Durham Region's strongest student rental markets. Configured with three bedrooms on the upper level and a fourth licensed bedroom in the finished basement, the home also features an additional basement bathroom, wet bar, separate, finished basement, the home also features an additional basement bathroom, wet bar, separate family room, attached garage and a large backyard. Parking for up to five vehicles (four in the driveway and one in the garage) provides added convenience for tenants and future owners alike. The property is currently licensed for four rental bedrooms under the City's RRHL program. The licence is due for renewal in September 2026, and the seller is willing to assist the purchaser with the City's licensing process. Beyond its investment appeal, this detached home also offers long-term flexibility. Continue operating it as a licensed rental property or hold it as a future family home in a desirable north Oshawa neighbourhood close to parks, schools, shopping, restaurants, transit and everyday amenities. A unique opportunity to acquire a licensed rental property with immediate income today and long-term flexibility for tomorrow.
Licensed. Leased. Income from day one. Rare opportunity to acquire a detached home currently licensed under the City of Oshawa's Residential Rental Housing License (RRHL) program for four rental bedrooms, ideally located within walking distance of Durham College and Ontario Tech University. This property offers immediate rental income from closing and presents an excellent opportunity for investors seeking an established income-producing property in one of Durham Region's strongest student rental markets. Configured with three bedrooms on the upper level and a fourth licensed bedroom in the finished basement, the home also features an additional basement bathroom, wet bar, separate, finished basement, the home also features an additional basement bathroom, wet bar, separate family room, attached garage and a large backyard. Parking for up to five vehicles (four in the driveway and one in the garage) provides added convenience for tenants and future owners alike. The property is currently licensed for four rental bedrooms under the City's RRHL program. The licence is due for renewal in September 2026, and the seller is willing to assist the purchaser with the City's licensing process. Beyond its investment appeal, this detached home also offers long-term flexibility. Continue operating it as a licensed rental property or hold it as a future family home in a desirable north Oshawa neighbourhood close to parks, schools, shopping, restaurants, transit and everyday amenities. A unique opportunity to acquire a licensed rental property with immediate income today and long-term flexibility for tomorrow.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 10.20' x 10.20' | |
| 1 2-Piece Bathroom on Ground Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Samac, Oshawa is an east GTA neighbourhood notable for its university grads, business and education, law & public sector professionals and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 35 to 49.
Kids Per Family
1.3
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Oshawa (47%)
19%
of residents
are renters.
19% renters
Oshawa (32%)
24%
of residents are
university grads.
24% university grads
Oshawa (19%)Average Household Income
$110K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 10% |
| Business | 10% |
| Government | 9% |
| Management | 6% |
24%
of residents were
born outside of Canada.
24% immigrants
Oshawa (18%)3.7% from Caribbean
All-time
0.8% from India
Recent
Foreign Languages
| Urdu | 2% |
| French | 2% |
| Tamil | 2% |
| Arabic | 1% |
| Polish | 1% |
Religions
| Christian | 68% |
| Muslim | 4% |
| Hindu | 3% |