This 3-unit property offers strong cash flow and appreciation potential in a high-demand location near Highway 401, the GO Station, Durham Transit, shopping, and schools. Currently generating $6,000/month in turnkey rental income, this property is ideal for investors or savvy buyers looking to live in one unit and rent out the others. Featuring 8 bedrooms, 4 bathrooms, and 3 self-contained units, each with its own legal kitchen and separate entrance, this home provides maximum flexibility and privacy for tenants. The property is equipped with 3 separate hydro meters, with shared water and gas utilities for simplified management. Main Unit: 4 Bedrooms | 2 Bathrooms, Basement Unit: 3 Bedrooms | 1 Bathroom, Upper Unit: 1 Bedroom | 1 Bathroom. Set on a spacious corner lot with 11 parking spaces, this property stands out as a rare find for multi-unit investors in Durham. Whether you are expanding your portfolio or seeking a property that pays for itself, this is an opportunity you don't want to miss!
Address
45 Fairbanks Street
List Price
$625,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Oshawa
Sub-Area
Central
Region
Durham
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
13
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
111.17
Lot Size Units
Feet
Lot Width
48.2
Parcel Number
163660162
Occupant Type
Tenant
Cross Street
Fairbanks St & Centre St S
MLS® Number
E12799866
Listing Brokerage
REVEL REALTY INC.
Basement Area
Apartment, Walk-Up, Separate Entrance, Finished
Postal Code
L1H 2L7
Parking
Available
Parking Places (Total)
11
Parking Spaces
11
Tax Amount
$4,284.00
Tax Year
2025
Interior Features
Separate Hydro Meter, Water Heater, Water Meter, Accessory Apartment
Central Vacuum
No
Family Room
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 38 PL 47 OSHAWA; PT LT 39 PL 47 OSHAWA AS IN D326947 CITY OF OSHAWA
Waterfront
No
Sewer
Sewer
