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New2 days ago

289 HIGHLAND Avenue

Central, Oshawa

$400,000

Detached|Bungaloft
3 | 1 | 3
About this home

1ST TIME HOME BUYERS, HANDYPEOPLE & INVESTOR'S Opportunity KNOCKS! Unlock the potential of this 3-bedroom bungalow situated on a fantastic 40' x 119' lot with mature greenery. This home is ready for your vision and offers an excellent opportunity to renovate, modernize and create a home tailored to your style. The separate basement entrance adds even more potential, with the lower level offering possibilities for an in-law suite, additional living space or potential income-generating use, subject to permits and approvals. Whether you're a homeowner looking to build equity or an investor looking for your next project, this property offers the space, lot and potential to create something special. Bring your ideas and transform this bungalow into the home you've envisioned! Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding intended use, zoning, development potential and applicable municipal requirements.

Extras

No extras listed.

Visit this home

Open houses

  • Sat, Sep 19

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungaloft
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,553
Lot Size40.04 ft x 119.86 ft
mls© NumberE13796618
Listed ByThe Nook Realty 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%
$2,047
Property tax
$379
Heat allowance
$150
Housing costs
$2,577 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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