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Property Description
Legal conforming two-unit status, with recent electrical, municipal and fire inspections. Welcome to your next investment opportunity! This property promises lucrative returns for savvy investors or those looking for a home with supplementary income. Each unit boasts two spacious bedrooms, independent kitchens, living rooms, and laundry facilities, providing comfortable living spaces for tenants or occupants. With freshly painted interiors, these units exude a sense of freshness and cleanliness, ready to welcome new residents. This property offers ample space for four vehicles. Situated in the heart of Oshawa, residents enjoy proximity to schools, parks, transit options, and easy access to Highway 401, making commuting a breeze. Nestled on a quiet Cul de Sac, this property is perfect for families seeking peace and tranquility. Enjoy the sense of community while being just a short walk away from downtown UOIT buildings and with direct bus to the North Campus. Don't miss out on this opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-30 | 2024-01-30 | 61 | $2,200 | - | Expired |
Nearby Intersections
Ritson & Olive (41)
Property Features
Cul De Sac, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
45' x 95'
Fronting
East
Taxes
$4,294 (2023)
Basement
Crawl Space
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Ground | 11.65' x 22.97' | W/O To Deck, Large Window, Laminate |
| Kitchen | Ground | 11.65' x 9.84' | Combined W/Dining, B/I Appliances, Tile Floor |
| Dining | Ground | 11.65' x 6.27' | Combined W/Kitchen, Large Window, Tile Floor |
| Bathroom | Ground | 10.40' x 5.31' | 4 Pc Bath, Tile Floor |
| Living | Ground | 10.99' x 15.94' | Large Window, Laminate |
| Br | Ground | 12.27' x 10.17' | Large Window, Large Closet, Hardwood Floor |
| 2nd Br | Ground | 9.38' x 7.38' | Large Window, Closet, Hardwood Floor |
| Kitchen | 2nd | 10.99' x 8.99' | Eat-In Kitchen, Pantry, Tile Floor |
| 3rd Br | 2nd | 9.68' x 8.99' | Large Window, Closet, Laminate |
| 4th Br | 2nd | 8.69' x 13.32' | Large Window, Large Closet, Laminate |
| Bathroom | 2nd | 10.20' x 6.69' | 4 Pc Bath, B/I Shelves, Tile Floor |
| Living | 3rd | 32.74' x 10.83' | Open Concept, Staircase, Panelled |
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Oshawa Market Statistics
Oshawa Price Trend
127 Summer St is a 4-bedroom 2-bathroom home listed for sale at $750,000, which is $293,897 (28.2%) lower than the average sold price of $1,043,897 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Oshawa increased by $29,808 (2.9%) compared to the previous 30 day period (July 22 - August 20) and up $29,042 (2.9%) from the same time one year ago.Inventory Change
There were 132 4-bedroom homes listed in Oshawa over the last 30 days (August 21 - September 19), which is up 16.8% compared with the previous 30 day period (July 22 - August 20) and up 55.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold $7,070 (0.7%) above asking price over the last 30 days (August 21 - September 19), which represents a $1,453 increase compared to the previous 30 day period (July 22 - August 20) and $28,735 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oshawa over the last 30 days (August 21 - September 19) stood at 37.1%, up from 34.5% over the previous 30 days (July 22 - August 20) and down from 64.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Oshawa stood at 17 days when successfully sold over the last 30 days (August 21 - September 19), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Konfidis
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