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Vanier, Oshawa
$739,000
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).
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,763 |
| Lot Size | 46.3 ft x 108.89 ft |
| mls© Number | E13572086 |
| Listed By | ROYAL 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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