474 Adelaide Avenue E, Oshawa

$699,000
474 Adelaide Avenue E

$699,000

New
18d
DetachedBacksplit 4

474 Adelaide Avenue E, Oshawa

Total Monthly Obligation $3,524

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
18d
Score
20
Yield
5.2%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-E13861508
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 115 ft
Listed on site-Oct 5, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$3,947.15 (2026)
Parking-5 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal Heritage Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-O'Neill
Title-Residential Freehold

No agent assigned

This spacious 4-level backsplit offers a surprisingly generous and versatile layout, with thoughtful updates throughout and plenty of room for everyday living, entertaining and working from home. The beautifully renovated kitchen (2015) is the heart of the home, featuring quartz countertops, a huge centre island, pot lights and an open-concept design that flows seamlessly into the living and dining areas. Upstairs, the primary bedroom was originally two bedrooms and has been opened up to create one large primary bedroom with plenty of closet space. A skylight over the stairway brings additional natural light into the upper level, and custom blinds are found throughout the home. Both bathrooms feature heated floors, adding a practical comfort to the space. The versatile lower level offers two additional bedrooms, while the finished basement provides even more living space with a comfortable recreation room and separate office-ideal for working from home, hobbies or additional family space. Outside, enjoy a newer deck overlooking the fenced backyard on a generous 50 x 115 ft lot. The attached garage is insulated and wired with 60-amp service plus a 240V heater-great for a workshop, hobbies or extra usable space. Major improvements include most windows updated in 2020, 200-amp electrical panel (2019), eaves (2024), deck approximately 3-4 years old and roof (2012). Conveniently located in Oshawa's established O'Neill neighbourhood, close to schools, parks, shopping and everyday amenities, with public transit right along Adelaide for easy connections throughout the city. A practical, well-maintained home with a flexible layout, mature lot and plenty of space for a growing or multi-generational household.

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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,524/mo
Mortgage $2,820
Monthly Loss $2,782
Principal$742
Interest$2,078
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,192/yr
NOI
$24,126/yr
Net Cash Flow
-$809/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 474 Adelaide Avenue E

Time

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