24 Days on Market

116 Summer St, Oshawa, Ontario L1H 2K9

$689,000
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Detached
5 + 2
3
- sqft

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Highlights

Estimated Value$748,000*

Price/Sqft-

Days On Market24 days

Est. Mortgage$2,959/mth

Tax Amount (2023)$4,560/yr

*Last updated on: 24/05/02

Description

Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main and Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Bsmt Unit W/Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/month) + Unit 3: $1350 (Market Rent $1400/month). Gross Income: $5850/mt, Potential Gross Income: $6000/mt. Financials Attached.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt-
Lot Size4,460 SqFt(111.39 x 40.04)
Parking Spaces4
MLS ®NumberE8219304
Community NameCentral Oshawa
Board NameTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Main Floor

Living

4.01 x 3.05


Features

Lot size: 4,460 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 4

Total parking spaces 4


Property History

Now
Listed for$689,000
24 days on market
history photo preview35
Dec 23, 2023
Listed for$659,000Terminated
45 days on market
history photo preview38
Sep 13, 2022
Listed for$798,000Delisted
71 days on market
history photo preview18
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Property listed by RE/MAX ROYAL PROPERTIES REALTY, Brokerage

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Comparable Sales

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Market DataFor the past 30 days in Central Oshawa

Median Selling Price

$665,000

50.19% less than GTA:

$1,335,000

Median Bidding

Overbidding - Trending to seller market

$33,000

GTA median: -$3,999

Median Number of Sales

64 sales

2855 sales less than GTA:

2919 sales

Median Number of Days on Market

9 days

similar to GTA:

9 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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