1086 Somerville Street, Oshawa, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Centennial. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $875,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 62.08 x 299.31 ft lot size
Description
Attention developers / builders. Great opportunity for land development. Property has potential for developing into multiple lots. Or can be redeveloped for large estate home on huge oversized lot in the City. Can also be purchased with 1091 Mohawk St that gives an additional 124' x 121' lot. Existing dwelling is currently being rented for $4,200 per month. Please do not enter property.
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Property Summary
This vacant land located at 1086 Somerville Street, Oshawa is currently for sale and has been available for 19 days. This property is listed at $875,000 with an estimated mortgage of $2,913* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1086 Somerville Street, Oshawa is in the Centennial neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Centennial, Oshawa.
- •Desirable Vacant Land architecture in Centennial, Oshawa
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Oshawa?
If you are looking for a house in Oshawa or researching Oshawa real estate for sale, this vacant land at 1086 Somerville Street, Oshawa, ON offers an exceptional opportunity to buy a home in Oshawa, Ontario. Whether you are a first-time Oshawa home buyer or comparing active Oshawa MLS® homes for sale, working with a dedicated Oshawa buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Oshawa realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Oshawa Buyer Budget & Costs
Estimated mortgage: $2,913*/month*. Estimated Ontario Land Transfer Tax: $13,975. First-time Oshawa home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Oshawa
Frequently Asked Questions about 1086 Somerville Street, Oshawa, ON
Q.What is the asking price for 1086 Somerville Street, Oshawa, ON ?
The current listing price for 1086 Somerville Street, Oshawa, ON in Centennial, Oshawa is $875,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 1086 Somerville Street, Oshawa, ON ?
1086 Somerville Street, Oshawa, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Centennial, Oshawa
36 assaults (45.0/100k)
16 B&E (40.0/100k)
23 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 1086 Somerville Street, Oshawa, ON L1G 4K5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $875,000 in Oshawa, the legal minimum down payment is $62,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,975 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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