$875,000
Est. payment $3,874/moCalculate yours
1086 Somerville Street, Oshawa, ON L1G 4K5
Centennial, Oshawa, ON L1G 4K5
Listing courtesy of RE/MAX Jazz INC. MLS® E13862820
About this home
Attention developers / builders. Great opportunity for land development. Property has potential for developing into multiple lots. Or can be redeveloped for large estate home on huge oversized lot in the City. Can also be purchased with 1091 Mohawk St that gives an additional 124′ x 121′ lot. Existing dwelling is currently being rented for $4,200 per month. Please do not enter property.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 62.08 x 299.31 Feet
- Zoning
- Residential
Financial
- Property Taxes
- $7,653 (2025)
Location
- Neighbourhood
- Centennial
- Cross Street
- Beatrice / Somerville
- Direction Faces
- West
Listing
- MLS® Number
- E13862820
- Days on Market
- 13
- Listed On
- 2026-10-05
- Possession
- Immed - 90 days
- Listed By
- RE/MAX Jazz INC.
Mortgage calculator
Estimated mortgage payment
$3,874 per month
- Principal and interest
- $3,874
- Property tax
- $638
- Condo fees
- $0
- Estimated monthly cost
- $4,512
Your mortgage
- Mortgage amount
- $700,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $462,293
Cash to close
- Down payment
- $175,000
- Land transfer tax
- $13,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $188,975
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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