251 Poplar Street, Oshawa

Price: $749,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13781756

An excellent opportunity for investors seeking a legal, income-generating duplex in one of Oshawa's most welcoming and family friendly neighbourhoods. This well maintained property offers two self contained units, separately metered hydro, plenty of parking and a brand new roof, making it an attractive addition to any investment portfolio. The main level unit features luxury vinyl plank flooring thru-out, large windows and a sun-filled living room that flows seamlessly into a spacious eat-in kitchen. The unit offers three generous bedrooms and a renovated 4pc bathroom, providing a comfortable layout for tenants and strong rental appeal. The lower level unit is complete with a separate entrance, spacious living room, kitchen, two additional bedrooms and a 4pc bathroom. With two independent living spaces, individual laundry and separate hydro metering, the property provides excellent flexibility for an investor looking to generate rental income, live in one unit while renting the other or maximize the property's income potential. Located just minutes from schools, parks, shopping, Lakeview Park, public transit and Highway 401, the property is ideally positioned for both families and commuters. Vacant possession is available beginning of October, offering an investor the opportunity to take control of the property and establish their own rental strategy immediately.

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$749,900 - 251 Poplar Street, Oshawa

Detached for Sale in Oshawa

Neighbourhood: Donevan

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
E13781756
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Taxes (2025)
$5,198
Listing Brokerage
Keller Williams Energy Real Estate
Description

An excellent opportunity for investors seeking a legal, income-generating duplex in one of Oshawa's most welcoming and family friendly neighbourhoods. This well maintained property offers two self contained units, separately metered hydro, plenty of parking and a brand new roof, making it an attractive addition to any investment portfolio. The main level unit features luxury vinyl plank flooring thru-out, large windows and a sun-filled living room that flows seamlessly into a spacious eat-in kitchen. The unit offers three generous bedrooms and a renovated 4pc bathroom, providing a comfortable layout for tenants and strong rental appeal. The lower level unit is complete with a separate entrance, spacious living room, kitchen, two additional bedrooms and a 4pc bathroom. With two independent living spaces, individual laundry and separate hydro metering, the property provides excellent flexibility for an investor looking to generate rental income, live in one unit while renting the other or maximize the property's income potential. Located just minutes from schools, parks, shopping, Lakeview Park, public transit and Highway 401, the property is ideally positioned for both families and commuters. Vacant possession is available beginning of October, offering an investor the opportunity to take control of the property and establish their own rental strategy immediately.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

$
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5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Donevan

Discover Donevan

Donevan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Donevan

  • •Convenient location in Oshawa
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Donevan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

251 Poplar Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,913

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1071/sqft, this property is priced in line with current Oshawa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.

About Donevan

I know Donevan well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    251 Poplar Street, Oshawa | $749,900 | Battaglia Team