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New3 days ago

444 Drew Street

Central, Oshawa

$574,000

Detached|Bungalow
3 | 2 | 4
About this home

Attention Investors, First-Time Buyers & Multi-Generational Families! Welcome to 444 Drew Street, a legally registered duplex situated on a generous 50 x 110 ft lot in Central Oshawa. This detached bungalow offers two self-contained units with separate entrances, providing excellent flexibility for investors and end users alike. Featuring a total of 4 bedrooms, 2 bathrooms and ample parking, the property presents an excellent opportunity to generate rental income or live in one unit while renting out the other. With significant value-add potential, buyers can renovate, modernize and maximize the property's income-producing capabilities. Conveniently located near schools, parks, shopping, public transit and Highway 401. Whether you're looking to expand your investment portfolio, enter the market with a mortgage helper or explore the potential of a large urban lot, 444 Drew Street offers exceptional versatility and opportunity. Don't miss your chance to unlock the potential of this legal duplex! Photos have been enhanced using AI.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,863
Lot Size50 ft x 110 ft
mls© NumberE14012710
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,938
Property tax
$405
Heat allowance
$150
Housing costs
$3,493 / mo

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

Down payment20% · $114,800
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,415 / mo
Cash down
$114,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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