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Homes in Oshawa with basement apartments are more common than you might think and feel like they’re becoming more and more usual as homeowners retrofit and renovate the basements of their properties to suit a variety of needs. With an aging population, seniors having lived independently for most of their adult lives are moving in with their adult children. As seniors age, they still desire their independence by having their own separate living space while still being in close proximity to their children and grandchildren.
First time buyers and downsizers looking for some mortgage relief or additional income tend to take on a basement tenant to help with their monthly housing expenses. And pure property investors, very much like the first time buyer or downsizer want to maximize their earning and profit potential by renting out the main floor of a house separately from renting out the basement.
Some of the most important characteristics of houses with basement apartments include:
As a potential property owner you’re in luck because houses for sale in Oshawa with basement apartments are scattered throughout the whole City. As a landlord, whether you’re looking to rent to students near Durham College, or rent to families, couples, or individuals in the downtown core, near Lake Ontario or the highway, the City of Oshawa has a location that is suitable for you!
Over the years, the most popular type of home with a basement apartment is the bungalow, raised bungalow, and bungaloft. Many of these types of homes were built in the middle of the 20th century and became popular for basement apartments because this style of home was already built with a separate side entrance. For example, the owners can live on the main floor of the bungalow while renting the basement apartment to a tenant.
Two-storey detached and semi-detached homes sometimes come or are renovated with their own separate entrances as well and are called in-law suites. They have many of the same characteristics as their bungalow counterparts with a focus of having family members living in a basement apartment rather than a tenant.
You may have heard the term “legal basement apartment”. This refers to a basement retrofit and renovation requirement following strict Ontario government rules and guidelines regarding such things as fireproof doors, large basement windows for easier escape during an emergency, as well as many other specifications. Some homeowners invest their time and money into creating a legal basement suite as well because they know they can be rented to a tenant at a premium price.
For more information about how to construct a legal unit in your home, please visit the government website at https://www.ontario.ca/page/add-second-unit-your-house
* Open House Sunday 12-2 * Beautiful 2.5 Storey Home, 4 Finished Levels,7 Bedrooms, 3 Baths, 2 Kitchens. Fresh Makeover. New Flooring, New Kitchen, New Appliances, New T...
Very Spacious 3 Bedroom, 2 Bath Bungalow Situated In The Sought After Donevan Community. 3 Large Bedrooms & 4 Pc Bath On Main Level. Finished Basement With A Separate Ent...
Wow!!! This Is What You Have Been Waiting For. Renovated Freshly Painted Bungalow W/Walkout Basement To Large Yard. Main Floor Features Combined Living And Dining Room, U...
Lovely Family Home In North Oshawa! Close To Schools, Parks, Shopping, Transit, 407. Open Floor Plan With Living & Dining Room Areas, Gorgeous Hardwood Floors, Large Fami...
Fantastic Opportunity Awaits! This Large Range Bungalow Situated On A Large Lot And Attached Garage Is Surely A Unique Find. Located In Central And Desirable Mclaughlin -...
Great Location. Close To Hwy 401 & Dt Oshawa. Step To Public Transit. Walking Distance To Schools, Parks, Shopping, Donovan Recreation Complex And Churches. Licensed 3+2 ...
Attention Investors! Legal 2 Unit Rental Registered With The City Of Oshawa, Centrally Located To Transit, Shopping, And So Much More. Both Units Have Carpet (2021) And F...
Welcome To This Lovely Solid All Brick Well Maintained Bungalow In A Sought After Neighbourhood In Oshawa. A Legal Duplex. It Is Great For Investors, First Time Homebuyer...
Live Upstairs & Have Extra Income From Basement, Large Lot (40 X 143) Feet. Beautiful 3+1 Bedroom 2+1 Washroom House In Most Saught Location In North Oshawa. Across From ...
Lower Level 1392 Sqft Has 2 Bedrooms 1 Full Bath, Living , Dining And Kitchen. Main Level 1572 Sqft, Second Level 1572 Sqft And Total 8 Car Parking. This Is Well Maintena...
Investors Opportunity, Legal Two Unit Home, This Well Cared For 4 Bedroom Raised Bungalow Has Double Wide Parking, Located In The Samac Community In North Oshawa. Bright ...
Beautiful Modern 1B+1D 576 Sft Condo In High Demand Area Of North Oshawa. Walk To Shopping, Freshco, Costco, Starbucks, Tims, Bank, Cafe',Ontario Tech University, Durham ...
Amazing 6 Plex In Booming North Oshawa! Large 2 Bedroom Units, 5 -2 Bedrooms 1-1 Bedroom. Balcony At Front And Back Of Above Grade Units. Close To Schools, Transit, Park...
Sixplex In Booming North Oshawa. Great Investment Opportunity. 6-2 Bedroom Units, 9 Parking Spots, 4 Of The Units Have Walkout Balconies. Units 1/2 Recently Fully Reno...
Over 3200 Sqft. Of Luxury Living Space Incl Basement! Stunning Sought-After Home Nestled On A Very Desirable Family Friendly Neighbourhood. Spacious 4 Bedrooms With Laund...
Get Into The Market With This Legal 2 Unit Property. Very Spacious& Well Maintained. Main Level With 2 Separate Entrances. Lower Level With Separate Entrance. Detached 2 ...
Att: Builders, Developers & Investors. Concept Drawings. Take Advantage Of A Development Site Already Zoned With R3-A/R5-B (Residential) Which Allows You To Build A 25 Un...
Spacious Legal Two Unit Corner Lot.Opportunity For Investors/Live In One & Rent The Other.Solid Brick,Great Neighborhood,Close To All Amenities Shopping Plaza,Parks,Schoo...
Fully Detached Solid Brick Bungalow With Attached Garage. Excellent For First-Time Buyers Or Investors. Very Convenient Location, Close To Transit, Hospital, University, ...
Fantastic Bungalow In A Popular North Oshawa Enclave Surrounded By Custom Homes And Walk To Ravines. Over $100K Spent In Renovations. Stunning 2+2 Bedrooms,2 Bath. Upgrad...