116 Summer Street
Oshawa, ON
- 7 bed
- 3 bath
- approx. 1500-2000 sqft
- Detached
- 6 days on market
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!!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $5,766
- Listed
- September 10, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Construction
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Separate Hydro Meter
- Lot Size
- 40.04 x 111.39 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Simcoe St S & Olive Ave
- Parcel Number
- 163480066
- Possession
- Immediate
- Occupancy
- Vacant
Included
- 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!
Schools
Elementary
- Village Union Public School0.4 km
Public · Durham DSB · 625 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 20% met the provincial standard
- St Hedwig Catholic School1 km
Catholic · Durham CDSB · 190 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 27% met the provincial standard
- Mary Street Community School1.2 km
Public · Durham DSB · 220 students
Grade 3 reading: 33% met the provincial standard · Grade 6 math: 57% met the provincial standard
Secondary
- Monsignor John Pereyma Catholic Secondary School1.6 km
Catholic · Durham CDSB · 435 students
Grade 10 literacy: 87% met the provincial standard
- Durham Alternative Secondary School1.8 km
Public · Durham DSB · 485 students
- O'Neill Collegiate and Vocational Institute1.8 km
Public · Durham DSB · 1410 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L1H
- Population
- 32,298
- Private dwellings
- 14,480
- Median age
- 41.2
- Average household size
- 2.3
- Median household income
- $73,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Oshawa · last 12 months
- Median sold price
- $678,350
- Homes sold
- 1,902
- Median days on market
- 19
- Sale-to-list price
- 99.6%
Based on 1,902 recorded sales of residential freehold properties in Oshawa over the last 12 months.
Rooms
4-piece on Main, 3-piece on Basement, 4-piece on Main
Main
- Living Room13'2" x 10'
Listed by
BAY STREET GROUP INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$145,600
Estimated Monthly Payment
$3,576
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,576/mo (20% down, 5.5%)
Taxes: $480/mo · Insurance: $182/mo
Estimates only. Consult a financial advisor.
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