$499,000 - 161 Adelaide Avenue, Oshawa
Multi-Family for Sale in Oshawa
45 days on market- MLS Number
- E13082880
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 45
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
Attention Investors & Buyers Looking For Rental Income! Welcome To 161 Adelaide Ave E In Oshawa - A Fully Renovated Legal Duplex Offering Tremendous Opportunity And Potential Positive Cash Flow. This Move-In Ready Property Features Ample Parking, 3 Separate Entrances, Waterproofing, A Backup Generator, And A Rare Underpinned Basement With Impressive 9 Ft Ceilings. The Main/Upper Level Offers Beautiful Hardwood Floors And 4 Spacious Bedrooms, Perfect For A Large Family Or Strong Rental Potential. The Bright Basement Unit Features Tons Of Natural Sunlight, Ensuite Laundry, And A Functional Layout. With Multiple Income Opportunities, Major Improvements Already Completed, And A Convenient Oshawa Location, This Property Is A Must-See For Investors, First-Time Buyers, Or Anyone Looking To Live In One Unit And Rent The Other! Close to Hwy, Plaza, Costco, Tim Hortons, Doctors office, Schools and more...
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
161 Adelaide Avenue, Oshawa
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Rental income estimator & ROI calculator
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 $333/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 45 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.
Excellent Flexibility
With 5 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 3 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.