$899,000

$979,000For salePrice drop↓ $80,000 (8%)

511 Woodcrest Avenue, Oshawa (McLaughlin) - Single Family for Sale

511 Woodcrest Avenue, Oshawa (McLaughlin), Ontario, L1J2T7

6 beds2 baths4 parking1,300 ft²60 × 130 ft (7,800 sq ft) lot sizeListed 57 days ago

Overview

This 6-bedroom, 2-bathroom home in Oshawa is for sale offering roughly 1,300 sq ft of space. It has been on the market 57 days, fresher than the Oshawa average of 68 days.

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Description

Welcome to 511 Woodcrest Ave, a distinctive legal two-unit bungalow in Oshawa's established McLaughlin neighbourhood, set on a generous approx. 60 x 130 ft lot directly across from Woodcrest Public School. The main level offers 3 bedrooms, a bright living room with fireplace, vaulted dining area, kitchen with skylight and walkout to the rear patio, plus *no carpets* laminate/hardwood/wood flooring, oak trim and plenty of natural light. The recently refinished legal 3-bedroom lower apartment features 3 bedrooms, a large great room, separate kitchen, full bath, private full dedicated laundry and generous bedroom storage. Excellent opportunity for multigenerational living, mortgage assistance or investment income. Additional highlights include a metal roof, detached garage with mezzanine/storage, carport , large back-yard greenhouse or potential future coach house (permits permitting), and substantial recent investment in the property, including foundation/waterproofing work. A rare combination of lot size, legal income potential and bungalow living. (id:66096)

Property Details

MLS®: E13752020
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 60 × 130 ft (7,800 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.47 x 3.61 meters
Dining room: 4.05 x 3.25 meters
Primary Bedroom: 3.47 x 2.87 meters
Bedroom 2: 2.49 x 3.23 meters

Basement

Bedroom: 3.83 x 2 meters
Laundry room: 0.01 x 0.01 meters
Kitchen: 3.93 x 2.86 meters
Great room: 7.88 x 3.43 meters
Bedroom 4: 3.26 x 3.55 meters
Bedroom 5: 3.18 x 2.9 meters

Features

Appliances: Washer, Dishwasher, Range, Dryer, Microwave, Water Treatment, Two stoves, Garage door opener remote(s), Two Refrigerators
Flooring: Hardwood, Ceramic
Foundation: Block, Poured Concrete
Exterior: Brick, Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Oshawa (McLaughlin) listings, avg age

68d

Price / ft²

$692

List price

$899K

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 6-bed single family in Oshawa (McLaughlin) has been listed for 57 days, which is 11 days fresher than the city average of 68. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · LUCAS FRATTURA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1J)

This home lists at $899,000, about 11.5× the local median household income of $78,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 125% 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)

$899,000· $692/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,900.00

Min 7.22%50%

Mortgage payment$4,624/mo

↳ CMHC premium ($33,364 capitalized)

Property tax (est.)$601/mo

Total monthly$5,226

Cash Needed to Close

Down payment (7.22%)$64,900

Land transfer tax$14,455

Est. closing costs$5,197

Total cash needed$84,552

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