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New4 days ago

1428 Outlet Drive

Lakeview, Oshawa

$625,000

Detached|Bungalow-Raised
2 | 2 | 4
About this home

Fully Renovated Detached Home Just a 5 Minute Walk to Oshawa Beach! Beautifully renovated detached home. Professionally updated on both levels, this property offers exceptional versatility for homeowners, investors, or multi generational families. A separate split entrance leads to the fully finished look out basement. Potential 3 bedrooms basement Apt can generate approximately $2000/month. * Basement is high ceilings, oversized windows, abundant natural light, and excellent cross ventilation. The main floor showcases two generously sized bedrooms, a bright and inviting living and dining area, a modern kitchen, an updated washroom, and a walkout to a large deck overlooking a private, fully fenced backyard. A separate rear entrance provides additional access to the main floor. Recent upgrades include new vanities,water proof laminate thruout, cooking range, 2 kitchen range hoods and dishwasher. Conveniently located close to Highway 401, highly rated public and Catholic schools, Costco, Walmart, Fresh-Co, Shoppers Drug Mart, parks, restaurants, public transit, and all essential amenities. Additional features include parking for 4 vehicles with a 1-car garage and 3 car driveway.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,411
Lot Size27.89 ft x 108.27 ft
mls© NumberE13629068
Listed ByHOMELIFE/CHAMPIONS REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,199
Property tax
$368
Heat allowance
$150
Housing costs
$3,717 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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