1086 Somerville Street

Centennial, Oshawa · MLS® E13862820

Land · Vacant Land · 19 days on market

listed by Paul Rayment, RE/MAX Jazz INC.

realtor's 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.

property details

type: Land, Vacant Land
parking: 0
property tax: $7,653 / yr
days on market: 19
MLS®: E13862820

features

Irregular lot size

monthly cost

$4,450/mo

Mortgage $3,812 · Tax $638

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,812/ monthly

loan $700,000

25-year amortization

down payment20% · $175,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $443,687
cash to close: $175,000; down payment; transfer tax and fees not included
total paid: $1,143,687

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.