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New1 day ago

312 Gibbons Street

McLaughlin, Oshawa

$719,900

Detached|Bungalow
3 | 2 | 4
About this home

Legal, City-registered duplex bungalow with a heated double garage in west Oshawa's McLaughlin neighbourhood, ideal for an owner-occupier or investor. The main floor offers 2 bedrooms and a kitchen with granite counters and a gas stove. The dining room is separated by a built-in bookcase, so it can be used as a 3rd bedroom or easily opened up to the living room, and is currently used as a dining area. The lower unit features 1 bedroom, a large kitchen and egress windows. Each unit has its own laundry room with its own washer and dryer.The big-ticket items are done: an owned tankless water heater (2025), 200-amp electrical service (2021), plus roof, furnace and central air (2015), and lower-level windows (2015). The house is built for safety and quiet between units, with a sprinklers in both the laundry rooms, Roxul insulation across the entire ceiling, and smoke detectors tied into the furnace.The double garage, built in 2021, has Roxul-insulated walls, a blown-in insulated ceiling and gas radiant in-floor heat. Use it as a workshop or for year-round parking and storage. The location is close to the Oshawa Centre, transit, schools and the 401.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,939
Lot Size44 ft x 118 ft
mls© NumberE14034282
Listed ByRoyal LePage Our Neighbourhood Realty

Listing History

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  • 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%
$3,685
Property tax
$412
Heat allowance
$150
Housing costs
$4,246 / mo

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

Down payment20% · $143,980
25-yr amortization

Income needed

$131,000

gross annual household income

Payment at 4%
$3,029 / mo
Cash down
$143,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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