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Lakeview, Oshawa
$749,000
Rare 60ft frontage! Legal two-unit home as of November 2023! Large Updated/Renovated Bungalow within the highly desirable Lakeview Community! Located directly on a public transit route, and in proximity to the Oshawa GO/VIA station and Hwy 401. Walking distance to lakefront, park trails associated with the Oshawa Valleylands Conservation Area, public/catholic schools and other amenities! Recent upgrades include new roof and eavestroughs, exterior stucco and fresh sod [2025]. Newly renovated main floor with new bathroom, kitchen and flooring [2006]. Basement recently upgraded. Both units are tenanted at current Market Rent levels. Tenants willing to stay. Two laundry facilities for convenience. Previously approved for severance into two 30'footer lots [January 2023 - Application lapsed]. This property offers outstanding versatility for both investors and owner-occupants. Great potential for future development or value-add. Perfect rental income opportunity with strong cash flow potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,970 |
| Lot Size | 60.06 ft x 109.4 ft |
| mls© Number | E13131180 |
| Listed By | CONCORD REALTY GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,834
- Property tax
- $414
- Heat allowance
- $150
- Housing costs
- $4,398 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$135,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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