$1,229,000 - 750 Albert Street, Oshawa
Multi-Family for Sale in Oshawa
New — Listed 4 days ago- MLS Number
- E13239206
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- SUTTON GROUP-TOWER REALTY LTD.
An Amazing Investment Opportunity Or Live-In One Unit WhIle The Other Two Are Rented To Generate Rental Income. Well-Suited For Investors Seeking Immediate Cash Flow, Or Owner-Occupants Looking To Offset Mortgage With Rental Income. This Newly Built All Brick Triplex Is A True Legal 3-Unit Apartment Building Built With The Highest Level Of Standards! Each Unit Is Equipped With Its Own Gas Meter, Hydro Meter, Electrical Panel And Tankless Water Heater, Ensuring That Current Tenants Pay Their Own Utilities. The Versatility Of This Triplex Is Unmatched. All Units Are Above Ground, And They All Have Front And Back Entrances. Each Unit Features An Overall Bright Open Concept Layout With Laundry Room And Utility Room And About 1228 Sq Ft. Main Floor Unit Features Living, Dining, & Kitchen With Open Plan Concept & Walkout To Deck. Primary Bedroom With 2 Closets, & 4 Pc Semi-Ensuite, 2nd Bedroom With Walk-In Closet. Mostly Newer Appliances, New Fencing And Landscaping. Unit Assigned Parking. Wise Investment In A City That Is Blooming. Unit 1 Leased At $2,300/Month, Unit 2 Leased At $2,200/Month, Unit 3 Leased $1,800/Month. Annual Expenses: Taxes $9,751.36, Insurance $2,470, Hydro $1,000, Water $1,781.99.
Estimate your monthly payments for this property
Estimated Payment
$5,436.28/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.
750 Albert 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 $351/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.
Larger Home Realities
At 3,500 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 6 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 5 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 $5,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.