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Central, Oshawa
$595,000
Welcome to 321 Highland Ave. A fantastic opportunity for first-time buyers and investors! This solid all-brick, 3-bedroom bungalow sits on a generous 51.37 x 119.75 ft lot in a family-friendly Oshawa neighborhood. Featuring a fully finished basement with a separate entrance, the home offers excellent income potential of approximately $4,000/month to help offset your mortgage. Enjoy a fully fenced backyard with a spacious deck, and updates including a newer furnace, A/C, updated windows, and a roof (2020). Conveniently located minutes from Hwy 401, schools, parks, shopping, and transit. This is an excellent opportunity to own a comfortable home with outstanding income potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,497 |
| Lot Size | 51.37 ft x 119.75 ft |
| mls© Number | E13524888 |
| Listed By | GROW MAX REALTY POINT |
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%
- $3,045
- Property tax
- $375
- Heat allowance
- $150
- Housing costs
- $3,570 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,504 / mo
- Cash down
- $119,000
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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