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Lakeview, Oshawa
$679,000
The Seller is willing to give back a 2nd. mortgage of $25,000 at 0 % 5 yr. term. LIVE IN ONE UNIT AND LET THE OTHER HELP PAY YOUR MORTGAGE! Discover the flexibility and financial benefits of owning a LEGAL DUPLEX in Oshawa's Lakeview neighborhood! Registered with the City of Oshawa (certificate on file), this property offers two separate living spaces, ideal for multigenerational families, investors, or buyers looking to offset their mortgage with rental income. The spacious 2-bedroom upper unit features a walkout to a private deck, while the self-contained 1-bedroom lower unit enjoys plenty of natural light through its above-grade windows, creating a bright and inviting living space. Each unit benefits from its own dedicated outdoor space, kitchen, bathroom, and dishwasher, plus convenient shared laundry facilities. Both units underwent EXTENSIVE RENOVATIONS IN 2019, including updated kitchens, bathrooms, and flooring. Major improvements include a NEWLY PAVED DRIVEWAY (2026), shingles (2023), upgraded attic insulation (2019), and gas furnace and central air conditioning (2018). Additional features include an attached garage and parking for up to 6 vehicles. Includes 2 fridges, 2 stoves, 2 dishwashers, 1 washer, and 1 dryer. LOCATION, LOCATION, LOCATION! Just a FIVE-MINUTE WALK to beautiful Lakeview Park! Enjoy waterfront trails, sandy beaches, and green spaces nearby, with a convenience store directly across the street.Both units are currently occupied by reliable, long-term tenants. Whether you're planning for multigenerational living, seeking additional rental income, or expanding your investment portfolio, this versatile property offers an exceptional opportunity to build long-term value!
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,844 |
| Lot Size | 27.89 ft x 108.27 ft |
| mls© Number | E13793936 |
| Listed By | RE/MAX Jazz INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,475
- Property tax
- $320
- Heat allowance
- $150
- Housing costs
- $3,946 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,857 / mo
- Cash down
- $135,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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