$595,000

For sale

51 Nassau Street, Oshawa (Vanier) - Single Family for Sale

51 Nassau Street, Oshawa (Vanier), Ontario, L1J4A3

5 beds3 baths4 parking2,250 ft²46 × 109 ft (5,042 sq ft) lot sizeListed 55 days ago

Overview

This 5-bedroom, 3-bathroom home in Oshawa is for sale offering roughly 2,250 sq ft of space. Its $595,000 asking price sits right in line with the $600,000 median in Oshawa.

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Description

RARE DOWNTOWN OSHAWA INVESTMENT & POTENTIAL REDEVELOPMENT OPPORTUNITY! Situated on an approximately 46' x 109' lot in a central Oshawa location, this unique property offers a range of possibilities for investors, developers and multi-unit buyers. The existing home features multiple living spaces and offers the opportunity to explore its future potential, whether through continued investment, conversion or redevelopment. The property is currently zoned R2 and is NOT designated or listed on the City's municipal heritage register, with no legal protections under the Ontario Heritage Act. Its large lot, central location and existing configuration make this an interesting opportunity for buyers looking beyond a traditional single-family property. Conveniently located close to downtown Oshawa, transit, schools, shopping, restaurants and major amenities. Lots of new upgrades: Roof (2017), Boiler (2015), Rear fence (2025), Several new windows, New door locks (2025), New alarms (2025), Insulated ceiling (2013). (id:66096)

Property Details

MLS®: E13766950
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 46 × 109 ft (5,042 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Natural gas
Garage: No Garage
Ownership: Freehold
Property Tax: $5,763/yr
Listed: 55 days ago

Features

Appliances: Water meter
Foundation: Stone
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Oshawa (Vanier) listings, avg age

56d

Price / ft²

$264

List price

$595K

Homes here sell faster than most markets

Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Oshawa (Vanier) has been listed for 55 days, which is 1 days fresher than the city average of 56. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · KENNEDY NWAIGWE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1J)

This home lists at $595,000, about 7.6× the local median household income of $78,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $78,000
Population: 43,107
Median age: 40.4
Owner / renter: 61% / 40%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L1J)

$595,000· $264/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$480/mo

Total monthly$3,588

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$8,375

Est. closing costs$4,285

Total cash needed$47,160

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