38 Bruce Street, Oshawa

Price: $399,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13000698

Welcome to this well-maintained 2-bedroom, 2-bathroom semi-detached home in the heart of Oshawa's downtown core. Offering a functional layout with comfortable living space, this home is an excellent opportunity for first-time buyers looking to break into the market or investors seeking strong rental potential. Featuring two full bathrooms and a practical floor plan, the property provides flexibility for end-users and tenants alike. Situated on a generous lot, the home offers a spacious backyard, perfect for relaxing and entertaining. Its central location places you within close proximity to transit, shopping, schools, and everyday amenities-making it a convenient choice for urban living. With ongoing development and revitalization in the downtown area, this property also presents future upside for those looking to hold and benefit from long-term growth. To be sold together with 36 Bruce st.

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active
New Listing
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$399,000 - 38 Bruce Street, Oshawa

Semi-Detached for Sale in Oshawa

New — Listed yesterday
2Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached
Property Details
MLS Number
E13000698
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to this well-maintained 2-bedroom, 2-bathroom semi-detached home in the heart of Oshawa's downtown core. Offering a functional layout with comfortable living space, this home is an excellent opportunity for first-time buyers looking to break into the market or investors seeking strong rental potential. Featuring two full bathrooms and a practical floor plan, the property provides flexibility for end-users and tenants alike. Situated on a generous lot, the home offers a spacious backyard, perfect for relaxing and entertaining. Its central location places you within close proximity to transit, shopping, schools, and everyday amenities-making it a convenient choice for urban living. With ongoing development and revitalization in the downtown area, this property also presents future upside for those looking to hold and benefit from long-term growth. To be sold together with 36 Bruce st.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

38 Bruce Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$2,034

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $570/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.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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