$728,000
Est. payment $3,223/moCalculate yours
116 Summer Street, Oshawa, ON L1H 2K9
Central, Oshawa, ON L1H 2K9
- 5 + 2 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of BAY STREET GROUP INC. MLS® E13770056
About this home
Welcome to 116 Summer St! $$$ Updated Investment Opportunity In Central Oshawa with ALL UNITS VACANT! This Legal Duplex With An Additional Non-Conforming Basement Unit Offers 7 Bedrooms, 3 Kitchens & 3 Full Bathrooms, With Combined Rental Potential Of $6,000+/Month*! Situated On A Quiet Dead-End Street Leading To A Park, This Versatile Property Features A Premium Deep Lot & Flexible Living Arrangements-Ideal For Investors, Multi-Generational Families Or Buyers Looking To Live In One Unit & Generate Rental Income From The Others. Unit 1 Features 2 Main-Floor Bedrooms, A Separate Entrance, Private Laundry, A Kitchen, A Full Bathroom, Comfortable Living Space & Abundant Storage. Unit 2 Spans The Main & Upper Floors, Offering 3 Bedrooms, A Separate Backyard Entrance, A Walkout To A Deck, A Kitchen & A Full Bathroom. The Basement Unit Features Its Own Separate Entrance, 2 Bedrooms, A Kitchen & A Full Bathroom, With Laundry Shared With Unit 2. Extensive Updates Add To The Appeal Of This Income-Generating Opportunity In An Established Neighbourhood. Conveniently Located Close To Schools, Shopping, Transit & Parks. A Fantastic Opportunity To Set Your Own Rental Rates & Build Your Investment Portfolio Or Offset Your Mortgage With Rental Income! *Projected Rental Income To Be Verified By Buyer*. Do Not Miss This One!!
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5 + 2
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40.04 x 111.39 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $5,766 (2026)
Location
- Neighbourhood
- Central
- Cross Street
- Simcoe St S & Olive Ave
- Direction Faces
- North
Listing
- MLS® Number
- E13770056
- Days on Market
- 38
- Listed On
- 2026-09-10
- Possession
- Immed.
- Listed By
- BAY STREET GROUP INC.
Features
Interior
- Separate Hydro Meter
Property
- Hospital
- Library
- Park
- Public Transit
- School
Pool
- None
- Included
- All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All Existing ELFs. 2 Separate Hydro Meters; Hot Water Tank Owned!
Mortgage calculator
Estimated mortgage payment
$3,223 per month
- Principal and interest
- $3,223
- Property tax
- $480
- Condo fees
- $0
- Estimated monthly cost
- $3,704
Your mortgage
- Mortgage amount
- $582,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $384,628
Cash to close
- Down payment
- $145,600
- Land transfer tax
- $11,035
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $156,635
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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