$1,188,888 - 150 Celina Street, Oshawa
Multi-Family for Sale in Oshawa
33 days on market- MLS Number
- E13138750
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 33
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Perfect for multi-generational living or savvy investors, this newly built multi-unit semi-detached property in the heart of downtown Oshawa offers approximately 3,170 sq. ft. of living space across three finished levels, plus an unfinished 1,017 sqft basement with a separate entrance and excellent potential for additional income or turnkey completion. Conveniently located close to all amenities and just minutes from the future GO Train service expansion, this property is situated in Oshawa's revitalizing core, surrounded by approved high-density residential and mixed-use developments, along with ongoing transit and infrastructure improvements driving future growth and demand. Each level is thoughtfully designed with self contained living in mind: Main Floor (Vacant): Separate entrance, 2 bedrooms, 1.5 bathrooms, kitchen, and laundry. Second Floor (Tenanted): 2 bedrooms, 2 bathrooms, kitchen, and laundry. Third Floor (Tenanted): 3 bedrooms, 2 bathrooms, den/office, and laundry. With strong rental income, flexible layout, and a location benefiting from continued downtown redevelopment, this property presents an exceptional opportunity for both investors and end users looking to secure a foothold in a rapidly evolving neighbourhood. See attached links for information on Oshawa's continued growth and GO Expansion.
Estimate your monthly payments for this property
Estimated Payment
$5,258.85/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Oshawa
Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Oshawa
- •Convenient location in Oshawa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
150 Celina Street, Oshawa
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $396/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.