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New3 hours ago

51 Nassau Street

Vanier, Oshawa

$595,000

Detached|2-Storey
4 | 3 | 4
About this home

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).

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,763
Lot Size46.3 ft x 108.89 ft
mls© NumberE13766950
Listed ByROYAL LEPAGE TERREQUITY REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,045
Property tax
$480
Heat allowance
$150
Housing costs
$3,676 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,000
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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