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Listed 1 month ago

283 Cordova Road

Lakeview, Oshawa

$799,000

Detached|Bungalow
3 | 3 | 7
About this home

Absolutely Stunning Detached Bungalow Featuring 3+3 Bedrooms, 1+1 Kitchens, And A Basement Apartment On A Premium 50 X 173 Ft Lot In A Prime Oshawa Neighbourhood! The Property Features 3 Bedrooms On The Main Level And 3 Bedrooms In The Basement, With Kitchens On Both Levels. A Total Of 7 Parking Spaces Including A Detached Garage. The Main Floor Offers Two Full Bathrooms (Including A Primary Ensuite), Quartz Countertops, Hardwood Flooring, Upgraded Finishes, Pot Lights, And Stainless Steel Appliances With Washer/Dryer. The Basement Features A Separate Entrance, One Full Bathroom, Large Above-Grade Windows, Vinyl Flooring, Quartz Countertops, Pot Lights, Stainless Steel Appliances, And Washer/Dryer. The Exterior Is Fully Landscaped, And The Oversized Backyard Offers Plenty Of Space For Entertaining Or Relaxing. Unbeatable Location In Oshawa! Minutes To Ontario Tech University, Highway 401, Public Transit, GO Station, Oshawa Centre, Schools, Parks, And More! A Perfect Opportunity For Large Families, Multi-Generational Living, Or Investors. Rent Out The Main Floor Unit And/Or Basement Suite, And Even The Detached Garage Separately For Maximum Income Potential!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,756
Lot Size50.04 ft x 173.23 ft
mls© NumberE13505238
Listed ByHOMELIFE/MIRACLE REALTY LTD

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%
$4,090
Property tax
$396
Heat allowance
$150
Housing costs
$4,636 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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