1086 Somerville Street, Oshawa

$875,000
1086 Somerville Street

$875,000

New
18d
Vacant Land

1086 Somerville Street, Oshawa

Total Monthly Obligation $4,542

Beds
0
Baths
0
Park
0
DOM
18d
Score
14
Yield
2.5%
Cash on Cash
-15.0%
Cap Rate
1.3%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Vacant Land
MLS® Number-E13862820
Beds-0
Lot Size-62.08 × 299.31 ft
Listed on site-Oct 5, 2026
Building Type-Vacant Land
Taxes-$7,652.86 (2025)
Brokerage-RE/MAX Jazz INC.
Laundry-No
Fireplace-No
Pool-None
Facing-West
Possession-Immed - 90 days
Neighbourhood-Centennial
Title-Residential Freehold

No agent assigned

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

Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,542/mo
Mortgage $3,530
Monthly Loss $3,613
Principal$929
Interest$2,601
Property Tax$638
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-18.6%0
5-Year IRR
1.2%4
10-Year IRR
3.9%
Returns Index
2.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$21,600/yr
NOI
$7,287/yr
Net Cash Flow
-$2,922/mo
Cash Margin
-162.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.171
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
17.8/ 100

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

Comparables

Properties near 1086 Somerville Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.