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Listed 19 days ago

51 Nassau Street

Vanier, Oshawa

$739,000

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

Rare opportunity at 51 Nassau St in Oshawa. This versatile two-storey property features four rental units, offering excellent income potential in a high-demand area. Ideal for investors or end-users alike, live in one unit and rent the others, or convert the property back into a spacious single-family home with an in-law suite. Live in your dream apartment while the other apartments pay your mortgage. Spectacular 1885heritage mansion with large, elegant rooms, a spiral staircase, stunning artisanal molded 14ft ceilings with massive windows. Enjoy downtown Oshawa, steps to the Robert McLaughlin Art Gallery, Library and many postsecondary institutions: Ontario Tech University, Trent University, Queen's University Satellite Campus, Durham College . The Oshawa Centre is a 20 minute walk away and the pathway along Oshawa Creek meanders right down to Lake Ontario. The property is a 7 minute drive from the Go Train Station. Lots of new upgrades: Roof (2017), Boiler (2015), Rear fence (2025), Several new windows, New door locks (2025), New alarms (2025), Insulated ceiling (2013).

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,763
Lot Size46.3 ft x 108.89 ft
mls© NumberE13572086
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%
$3,783
Property tax
$480
Heat allowance
$150
Housing costs
$4,413 / mo

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

Down payment20% · $147,800
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,110 / mo
Cash down
$147,800

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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