$709,000

For sale

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688 King Street West, Oshawa (McLaughlin) - Single Family for Sale

688 King Street West, Oshawa (McLaughlin), Ontario, L1J2L3

4 beds1 bath4 parking ft²

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Listed by CENTURY 21 LEADING EDGE REALTY INC.

Investment analysis

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$709,000

Oshawa

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Description

If you are an investor this is your excellent opportunity. With 60ft of frontage and 185 feet of depth this lot with multiple zoning opportunities offers great potential. If you are a first time buyer this provides an amazing opportunity to restore this charming "Old Oshawa" home to its original glory and own a detached property to create memories. Large living and dining rooms, bright kitchen with 4 bedrooms and a Sunroom offers ample of living space to enjoy. Walk to Restaurants, Oshawa centre, Trent University (Durham). On Transit route with features such as schools, place of worship. Includes Stove, Washer/Dryer and Fridge. With 5 mins drive to Hwy 401 makes it a convenient location to access it. (id:66096)

Property Details

MLS®: E13878722
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 65 × 185 ft (11,957 sq ft)
Frontage: 65 ft
Storeys: 1
Basement: Unfinished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $6,427.4/yr
Listed: 27 days ago

Rooms

Main level

Living room: 4.61 x 3.71 meters
Dining room: 4.14 x 3.45 meters
Kitchen: 3.55 x 3.49 meters
Sunroom: 7.63 x 1.88 meters

Second level

Bedroom: 3.61 x 3.17 meters
Bedroom 2: 4.52 x 3.23 meters
Bedroom 3: 3.19 x 2.94 meters
Bedroom 4: 2.66 x 1.88 meters

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

Market Timing

Days on market

27d

Oshawa (McLaughlin) listings, avg age

68d

Price / ft²

$545

List price

$709K

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.

Area context

Neighbourhood profile (L1J)

This home lists at $709,000, about 9.1× the local median household income of $78,000.

Carrying it typically needs a household income of about $138,493 (20% down, 25-yr amortization, stress-tested) — roughly 78% 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)

$709,000· $545/ft²

For sale

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Full Cost Breakdown

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Down Payment6.47% · $45,900

Min 6.47%50%

Mortgage payment$3,676/mo

↳ CMHC premium ($26,524 capitalized)

Property tax (est.)$536/mo

Total monthly$4,212

Cash Needed to Close

Down payment (6.47%)$45,900

Land transfer tax$10,655

Est. closing costs$4,627

Total cash needed$61,182

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

688 King Street West, Oshawa (McLaughlin) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L1J)

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