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New6 days ago

220 Thomas Street

Lakeview, Oshawa

$619,000

Detached|Bungalow
2 | 1 | 5
About this home

A charming one storey bungalow sits on a rare, with potential severance oversized lot in Oshawa's established Lakeview neighbourhood.. This two bedroom, one bathroom home gives buyers a wonderful opportunity to add their own updates and build instant equity. The land is the real story here. This generous 86.96 by 213 foot lot backs onto the tranquil Oshawa Valleylands Conservation Area, where mature trees frame a private, peaceful setting you rarely find this close to the city. A detached garage and a private driveway with parking for four vehicles add everyday convenience, and the oversized, irregular lot carries genuine severance potential for investors and builders. Inside, the home needs work, making it an ideal project for renovators and contractors looking for solid bones in a sought after pocket of Oshawa. The location delivers real lifestyle value. Families sit close to Dr CF Cannon Public School and GL Roberts CVI, while Lake Vista Park and Fenelon Venus Park are each just nine minutes away. A transit stop waits three minutes on foot, and Lakeridge Health Oshawa sits minutes away for peace of mind. Lots like this, backing directly onto protected green space, rarely last long on the market.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,330
Lot Size86.16 ft x 216.19 ft
mls© NumberE13745324
Listed ByKeller Williams Energy Real Estate

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,168
Property tax
$361
Heat allowance
$150
Housing costs
$3,679 / mo

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

Down payment20% · $123,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,605 / mo
Cash down
$123,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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