$599,000

For saleJust listed

278 Lakeview Park Avenue, Oshawa (Lakeview) - Single Family for Sale

278 Lakeview Park Avenue, Oshawa (Lakeview), Ontario, L1J7M5

4 beds2 baths4 parking900 ft²28 × 108 ft (3,022 sq ft) lot sizeListed 7 days ago

Overview

This 4-bedroom, 2-bathroom home in Oshawa is for sale offering roughly 900 sq ft of space. Its $599,000 asking price sits right in line with the $610,000 median in Oshawa. It has been on the market 7 days, fresher than the Oshawa average of 44 days.

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Description

Great Opportunity for First-Time Home Buyers and Investors! Welcome to 278 Lakeview Park Ave,Oshawa, a fantastic opportunity to own a home in a desirable lakeside community. This 2+2bedroom property offers comfortable living space with excellent potential for families,first-time buyers, or investors looking to add value. Ideally situated within walking distanceof the beautiful Lakeview Park, the home provides convenient access to scenic walking andcycling trails, public transit, shopping, and other everyday amenities. Easy access to Highway401 makes commuting a breeze. Featuring a 4-piece bathroom on both levels, this property offersadded convenience and flexibility. Step outside to enjoy the private, fully fenced backyard,complete with a garden shed for additional storage. Enjoy the entire home as a single-familyresidence or explore the potential to add a kitchen to the lower level for additional livingspace or future rental opportunities, subject to applicable approvals and requirements. Don'tmiss this excellent opportunity to get into the market or expand your investment portfolio in Oshawa! ** This is a linked property.** (id:66096)

Property Details

MLS®: E14125068
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 28 × 108 ft (3,022 sq ft)
Frontage: 27 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,750.21/yr
Listed

Rooms

Upper Level

Kitchen: 2.45 x 2.25 meters
Living room: 4.3 x 2.98 meters
Primary Bedroom: 3.91 x 2.71 meters
Bedroom 2: 2.92 x 2.36 meters
Recreational, Games room: 7.15 x 2.98 meters

Lower level

Bedroom 3: 2.92 x 1.92 meters
Bedroom 4: 3.6 x 2.85 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Concrete
Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oshawa (Lakeview) listings, avg age

44d

Price / ft²

$666

List price

$599K

Homes here sell faster than most markets

Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Oshawa (Lakeview) has been listed for 7 days, which is 37 days fresher than the city average of 44. Act while there is still low competition.

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Listed by RE/MAX REALTRON REALTY INC. · SURESH SUBRAMANIAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1J)

This home lists at $599,000, about 7.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $78,000
Population: 43,107
Median age: 40.4
Owner / renter: 61% / 40%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L1J)

$599,000· $666/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$313/mo

Total monthly$3,440

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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