75 Avenue Street Unit 1-2, Oshawa

Price: $799,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Multi-Family

MLS#: E12658722

Investor opportunity! Bungalow duplex located in downtown Oshawa just minutes from the 401, shopping mall and walking distance to GO train. R2 zoning, located on a quiet dead end street in front of a small park for kids. Front Unit 1# offers 2 bedrooms,1 4pc bath 1 parking. Back Unit #2 offers 2 bedrooms,1 4pc bath space for 4parking. Great sized detached 12 X 20 garage. Front unit was used as Air B&B with city approved License. House was fully renovated in 2021 ready to move in. New roof, new floor, Newly runned electrical wiring upto date 200 AMP breakers, new pecs water line. Both units have their own hydro meter, Gas and water meter. Architect drawing available for future development for two townhomes,allowed by the city.

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active
1/50

$799,000 - 75 Avenue Street Unit 1-2, Oshawa

Multi-Family for Sale in Oshawa

140 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Multi-Family
Property Details
MLS Number
E12658722
Property Type
Multi-Family
Status
active
Days on Site
140
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Lot Size
6,670 sqft
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Investor opportunity! Bungalow duplex located in downtown Oshawa just minutes from the 401, shopping mall and walking distance to GO train. R2 zoning, located on a quiet dead end street in front of a small park for kids. Front Unit 1# offers 2 bedrooms,1 4pc bath 1 parking. Back Unit #2 offers 2 bedrooms,1 4pc bath space for 4parking. Great sized detached 12 X 20 garage. Front unit was used as Air B&B with city approved License. House was fully renovated in 2021 ready to move in. New roof, new floor, Newly runned electrical wiring upto date 200 AMP breakers, new pecs water line. Both units have their own hydro meter, Gas and water meter. Architect drawing available for future development for two townhomes,allowed by the city.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

75 Avenue Street Unit 1-2, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,468

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 $726/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.

Negotiation Opportunity

At 140 days on site, this property has exceeded the typical selling timeline for Oshawa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $3,329 (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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    75 Avenue Street Unit 1-2, Oshawa | $799,000 | Battaglia Team