$ 689.000

116 Summer St, Oshawa

40 Photos

116 Summer St, Oshawa, ON L1H2K9 Photo 2

116 Summer St, Oshawa, ON L1H2K9 Photo 3

116 Summer St, Oshawa, ON L1H2K9 Photo 4

116 Summer St, Oshawa, ON L1H2K9 Photo 5

116 Summer St, Oshawa, ON L1H2K9 Photo 6

116 Summer St, Oshawa, ON L1H2K9 Photo 7

Bedrooms: 7
Bathrooms: 3
MLS®: e8219304

Type: Residential
Added: 17 days ago

Property Details

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.

Best Mortgage Rates

Property Information

Cooling: Central air conditioning
Heating: Forced air, Natural gas
Stories: 1.5
Basement: Apartment in basement, Separate entrance, N/A
Photos Count: 40
Parking Total: 4
Bedrooms Total: 7
Structure Type: House
Common Interest: Freehold
Tax Annual Amount: 4560
Exterior Features: Aluminum siding
Lot Size Dimensions: 40.04 x 111.39 FT
Extras: All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters. Btv All Descriptions/Monetary Amounts/Measurements/Rentals. (id:1945)

Room Dimensions

Type	Level	Dimensions
Living room	Main level

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Nearby Places

Name	Type	Address	Distance
Oshawa Central GO Station	GO Transit plans to abandon service at its existin...		0.4 km
The Corral	Night club	433 Simcoe St S	0.6 km
Canadian Automotive Museum	The museum was founded in 1962 by a group of Oshaw...		0.6 km
Canadian Automotive Museum Inc	Museum	99 Simcoe St S	0.6 km
General Motors Centre	Stadium	99 Athol St E	0.6 km
General Motors Centre	The main tenants are the Oshawa Generals of the On...		0.7 km
New Globe Restaurant	Restaurant	60 Athol St E	0.7 km
Tim Hortons	Cafe	17 Athol St W	0.8 km
Fazio's Restaurant & Wine Experience	Restaurant	33 Simcoe St S	0.8 km
Oshawa Public Library	The City of Oshawa is situated on the Lake Ontario...		0.8 km
Oshawa Public Library	Library	65 Bagot St	0.8 km
Avanti Trattoria	Restaurant	17 King St E	0.9 km

Similar Houses Stat in Oshawa

We have found 6 Houses that closely match the specifications of the property located at 116 Summer St with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 849,000 and 959,990, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L1H2K9 postal code area of Oshawa Ontario Canada.

116 Summer St mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 116 Summer St. The current price of the property is $689,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $551,200. This would result in a monthly mortgage payment of $3,222 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	15
Certificate of Qualification	25
College	110
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	110
Widowed	15
Divorced	45
Separated	10
Never married	125
Living common law	70
Married or living common law	180
Not married and not living common law	195

Neighbourhood Construction Date

1961 to 1980	35
1960 or before	165

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