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 and separate family room. Complete with an 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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
1100-1500
Lot Depth:
107'7½"32.8 m
Lot Frontage:
26'8¾"8.15 m
Direction Faces:
North
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
Yes
Possession Details:
Flexible/TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$5,387.67 /
2026
Assessment:
$- /
-
Durham
Oshawa
Samac
Water Heater
Hot water tank
All appliances, washer dryer, light fixtures, window coverings
Data was last updated July 30, 2026 at 04:15 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$893,500
Min list price:
$720,000
Max list price:
$1,690,000
Avg days on market:
43
Min days on market:
1
Max days on market:
140
These statistics are generated based on the current listing's property type
and located in
Samac. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.