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Price Change$599,999

1385 Park Road S

Lakeview, Oshawa

$599,999

Detached|Bungalow
3 | 2 | 6
About this home

Location! Location! This outstanding legal two-unit home exemplifies pride of ownership. Featuring a 3+2 bedroom brick bungalow, it boasts a custom kitchen and a sliding glass door from the three-bedroom/den area leading to a deck with a gazebo that overlooks a private fenced yard. A separate entrance provides access to a two-bedroom legal unit in the basement. There is ample parking and convenient access to the 401. Located just 3.5 km from the GO train and within a short walking distance to the lake and walking trails, this home offers rare income potential. Don't let this opportunity pass you by.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,833
Lot Size48 ft x 105.66 ft
mls© NumberE13531422
Listed ByRE/MAX ACE REALTY INC.

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%
$3,071
Property tax
$403
Heat allowance
$150
Housing costs
$3,624 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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