36 & 38 Bruce Street, Oshawa

Price: $699,800

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: E13422554

Rare opportunity to own two side-by-side semi-detached homes being sold together as one property in the heart of Downtown Oshawa. Known municipally as 36 & 38 Bruce Street, this unique investment offers exceptional flexibility for investors, multi-generational families, or owner-occupants looking to offset living expenses with rental income. Each self-contained unit features 2 bedrooms, 2 bathrooms, a spacious living room, dining area, and kitchen, providing comfortable and functional living spaces. Both homes have separate hydro, gas, and water meters, as well as their own private backyard areas, making them highly attractive to tenants and easy to manage. Whether you're looking to rent both units for strong cash flow, live in one side while generating income from the other, or add a unique asset to your real estate portfolio, the possibilities are endless. The property offers the benefits of two homes under one ownership, while being sold together as a single parcel and cannot be sold separately. Ideally located close to public transit, GO access, shopping, restaurants, schools, parks, and Oshawa's growing downtown core, this property is positioned in an area seeing continued investment and redevelopment. Strong rental demand, separate services, private outdoor spaces, and versatile living arrangements make this a rare find in today's market. An outstanding opportunity to secure a dual-income property with immediate rental potential and long-term upside in one of Durham Region's most accessible and evolving communities.

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active
New Listing
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$699,800 - 36 & 38 Bruce Street, Oshawa

Multi-Family for Sale in Oshawa

New — Listed yesterday
4Beds
4Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
E13422554
Property Type
Multi-Family
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
Royal LePage Frank Real Estate
Description

Rare opportunity to own two side-by-side semi-detached homes being sold together as one property in the heart of Downtown Oshawa. Known municipally as 36 & 38 Bruce Street, this unique investment offers exceptional flexibility for investors, multi-generational families, or owner-occupants looking to offset living expenses with rental income. Each self-contained unit features 2 bedrooms, 2 bathrooms, a spacious living room, dining area, and kitchen, providing comfortable and functional living spaces. Both homes have separate hydro, gas, and water meters, as well as their own private backyard areas, making them highly attractive to tenants and easy to manage. Whether you're looking to rent both units for strong cash flow, live in one side while generating income from the other, or add a unique asset to your real estate portfolio, the possibilities are endless. The property offers the benefits of two homes under one ownership, while being sold together as a single parcel and cannot be sold separately. Ideally located close to public transit, GO access, shopping, restaurants, schools, parks, and Oshawa's growing downtown core, this property is positioned in an area seeing continued investment and redevelopment. Strong rental demand, separate services, private outdoor spaces, and versatile living arrangements make this a rare find in today's market. An outstanding opportunity to secure a dual-income property with immediate rental potential and long-term upside in one of Durham Region's most accessible and evolving communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.34/mo

Includes CMHC insurance ($19,524)

$
$
5%10%50%

5-yr fixed avg.

Principal: $629,820Interest: $427,757
Mortgage Amount$649,344
Total Interest$427,757
Est. Property Tax$496/mo
Total Cost$1,077,101

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.

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Neighbourhood Guide: Oshawa

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

36 & 38 Bruce Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,658

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $350/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Oshawa's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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.

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    36 & 38 Bruce Street, Oshawa — $699,800 | Battaglia Team