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Lakeview, Oshawa
$799,999
Fantastic Investment Opportunity! All-brick bungalow in a legal duplex, ideally situated on a quiet court backing onto a beautiful ravine with no rear neighbours. Offering income potential and versatile living space, this property is an excellent opportunity for investors, extended families or buyers looking to offset their mortgage with rental income.The inviting main level features a large bay window that fills the living room with natural light, complemented by hardwood flooring throughout the living, dining and bedroom areas. The kitchen offers ceramic flooring, a convenient pantry and views overlooking the backyard and ravine. A spacious screened-in sunroom provides the perfect spot to unwind and enjoy the peaceful surroundings.The beautifully renovated basement apartment features its own private entrance and a thoughtfully designed layout combining modern style, comfort and functionality.Enjoy a convenient location within walking distance of schools, shopping, a recreation centre and public transit. Lakeview Park and the waterfront are just minutes away, while nearby Highway 401 and GO Transit make commuting easy. A wonderful combination of privacy, convenience and investment potential!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,336 |
| Lot Size | 58.37 ft x 98.6 ft |
| mls© Number | E13858548 |
| Listed By | Your Home Sold Guaranteed Realty Imperium |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,095
- Property tax
- $445
- Heat allowance
- $150
- Housing costs
- $4,689 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,367 / mo
- Cash down
- $160,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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