Listed for:Listed 10 days ago
$875,000

1086 Somerville Street

Oshawa (Centennial), ON L1G 4K5

Vacant Land For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 1086 Somerville Street, Oshawa, Centennial

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1086 Somerville Street, Oshawa, Centennial

Summarized Description

  • Opportunity for land development in the city.
  • Oversized lot suitable for large estate home.
  • Potential to develop multiple lots.
  • Existing rental income of $4,200 per month.
  • Can purchase additional lot for more space.
  • High-value investment opportunity for developers.

Attention developers / builders. Great opportunity for land development. Property has potential for developing into multiple lots. Or can be redeveloped for large estate home on huge oversized lot in the City. Can also be purchased with 1091 Mohawk St that gives an additional 124' x 121' lot. Existing dwelling is currently being rented for $4,200 per month. Please do not enter property.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,653
Land Transfer Tax Fee
$13,975

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Unknown

Lot

Lot Front
62.08 ft
Lot Depth
299.31 ft
Lot Size
0.7
Lot Shape
Irregular

Heating & Cooling

Natural Gas
Available
Hydro
Available
Cable
Available
Telephone
Available

Municipality
Oshawa
Neighbourhood
Centennial
Main cross streets
Beatrice / Somerville
Zoning
Residential
Directions
Taunton Rd, South on Somerville
Waterfront
None

MLS® number
E13862820
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-05
Updated on
2026-10-05
Days on market
10 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
RE/MAX JAZZ INC.

Home Market Value

Current home valuation for 1086 Somerville Street, Oshawa, Centennial, Oshawa, ON. Listed for $875,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1086 Somerville Street, Oshawa, Centennial

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Oshawa, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $375,000 over $500K

Minimum down payment

$62,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$32,480$24,413$20,825$0
=Total mortgage
$844,480$811,913$764,575$700,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,123monthly$3,964monthly$3,733monthly$3,418monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$13,975

Total Land Transfer Tax

$13,975

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