Listed for:Listed Sep 10, 2026
$728,000

116 Summer Street

Oshawa (Central), ON L1H 2K9

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 116 Summer Street, Oshawa, Central

No listing history available

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About 116 Summer Street, Oshawa, Central

Summarized Description

  • Legal duplex with additional basement unit.
  • 7 bedrooms and 3 kitchens total.
  • Vacant units ready for immediate rental.
  • Flexible living arrangements for investors.
  • Extensive updates enhance property appeal.
  • Close to schools, shopping, and transit.
  • Projected rental income of $6,000+/month.
  • Ideal for multi-generational families.

Welcome to 116 Summer St! $$$ Updated Investment Opportunity In Central Oshawa with ALL UNITS VACANT! This Legal Duplex With An Additional Non-Conforming Basement Unit Offers 7 Bedrooms, 3 Kitchens & 3 Full Bathrooms, With Combined Rental Potential Of $6,000+/Month*! Situated On A Quiet Dead-End Street Leading To A Park, This Versatile Property Features A Premium Deep Lot & Flexible Living Arrangements-Ideal For Investors, Multi-Generational Families Or Buyers Looking To Live In One Unit & Generate Rental Income From The Others. Unit 1 Features 2 Main-Floor Bedrooms, A Separate Entrance, Private Laundry, A Kitchen, A Full Bathroom, Comfortable Living Space & Abundant Storage. Unit 2 Spans The Main & Upper Floors, Offering 3 Bedrooms, A Separate Backyard Entrance, A Walkout To A Deck, A Kitchen & A Full Bathroom. The Basement Unit Features Its Own Separate Entrance, 2 Bedrooms, A Kitchen & A Full Bathroom, With Laundry Shared With Unit 2. Extensive Updates Add To The Appeal Of This Income-Generating Opportunity In An Established Neighbourhood. Conveniently Located Close To Schools, Shopping, Transit & Parks. A Fantastic Opportunity To Set Your Own Rental Rates & Build Your Investment Portfolio Or Offset Your Mortgage With Rental Income! *Projected Rental Income To Be Verified By Buyer*. Do Not Miss This One!!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,766
Land Transfer Tax Fee
$11,035

Basement Type
Apartment, Separate Entrance

Interior Features

Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Library, Park, Public Transit, School

Building

Building Type
Detached
Building Style
1 1/2 Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
40.04 ft
Lot Depth
111.39 ft

Inclusions

Inclusions
All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All Existing ELFs. 2 Separate Hydro Meters; Hot Water Tank Owned!

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
5 + 2
Washrooms
3
Kitchens
3
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level

Washrooms

  • 4-piece, Main
  • 3-piece, Basement
  • 4-piece, Main

Municipality
Oshawa
Neighbourhood
Central
Main cross streets
Simcoe St S & Olive Ave
Directions
Park on driveway

MLS® number
E13770056
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-10
Updated on
2026-09-15
Days on market
35 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
BAY STREET GROUP INC.

Home Market Value

Current home valuation for 116 Summer Street, Oshawa, Central, Oshawa, ON. Listed for $728,000

HOMEH Estimate

?

$697,659

Estimated Sales Range

?

$418,595 - $976,723

HOMEH Estimate for 116 Summer Street, Oshawa, Central

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

$697,659Low confidence
Based on 3 comparable properties
+ $30,341 (4%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Oshawa, ON
Minimum Down Payment Required:6.6%

5% on first $500K + 10% on $228,000 over $500K

Minimum down payment

$47,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,198$20,311$17,326$0
=Total mortgage
$707,150$675,511$636,126$582,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,453monthly$3,298monthly$3,106monthly$2,844monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,035

Total Land Transfer Tax

$11,035

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