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Price Change$715,000

260 Lakeview Park Avenue

Lakeview, Oshawa

$699,000

Detached|Bungalow-Raised
2 | 2 | 5
About this home

The Seller is willing to give back a 2nd mortgage of $25,000 at 0 % 5 year term. LIVE IN ONE UNIT AND LET THE OTHER HELP PAY YOUR MORTGAGE! Welcome to 260 Lakeview Park Avenue, a beautifully maintained and updated LEGAL DUPLEX registered with the City of Oshawa (certificate on file). An incredible opportunity to enjoy homeownership while generating rental income that may significantly increase your purchasing power! Currently owner-occupied, the renovated 2-bedroom upper unit is MOVE-IN READY, with the owners prepared to vacate immediately for a QUICK CLOSING! The lower 2-bedroom unit generates $1,650/month plus 50% of hydro costs, with quiet, reliable, long-term A+ tenants who are looking to stay! Both self-contained units feature their own kitchen, bathroom, and private in-suite laundry. Major improvements include NEW SHINGLES (2026), NEWLY PAVED DRIVEWAY (2026), NEW PRIVACY FENCE AND GATE (2026), SELECT WINDOW INSERTS REPLACED (2026), central air conditioning (2019), upgraded attic insulation (2015), and a new gas hot water tank (2026, rental).Enjoy parking for up to 5 vehicles, a large manicured backyard, and a 10' x 10' storage shed securely divided for separate use. Includes 2 fridges, 2 stoves, 2 washers, 2 dryers, and 1 dishwasher. LOCATION, LOCATION, LOCATION! Just a ONE-MINUTE WALK to beautiful Lakeview Park! Enjoy waterfront trails, sandy beaches, and green spaces practically at your doorstep, with schools, shopping, and transit nearby. A rare opportunity to enjoy a beautiful home, an incredible lakeside lifestyle, and rental income from day one.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,875
Lot Size27.89 ft x 108.27 ft
mls© NumberE13794126
Listed ByRE/MAX Jazz INC.

Listing History

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  • 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%
$3,578
Property tax
$323
Heat allowance
$150
Housing costs
$4,051 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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