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New17 hours ago

276 Park Road N

McLaughlin, Oshawa

$864,900

Detached|Bungalow
2 | 3 | 10
About this home

Ranch bungalow on an impressive 88 foot wide lot with an oversized double-car garage. Open concept main floor featuring a modern kitchen with a massive centre island. Oversized windows fill the home with natural light while offering beautiful views of the property. Large front porch. Extensive renovations beginning in 2016, this updated home has modern finishes and offers exceptional space for families, entertaining, or multi-generational living. Some of the updates include kitchen, bathroom, hardwood flooring, windows, interior & exterior doors, updated trim, a gas fireplace, basement waterproofing, stainless steel appliances, vinyl floors in basement, and garage doors & openers. Originally 3 bedrooms on the main, now converted to 2 bedrooms. Buyer can convert it back to 3 bedrooms if desired. The home currently offers 4 bedrooms and 3 bathrooms across both levels. The finished basement has a 2nd kitchen, a large rec room, 2 bedrooms, 2 bathrooms and a large cold cellar. The basement can be used as a in-law suite if needed as there is a separate entrance. Step outside to your own private backyard oasis. Surrounded by mature trees for privacy, this entertainer's dream features a semi-submersible salt water swimming pool, hot tub, large patio, beautifully landscaped gardens, a pond with a waterfall, and a garden shed-creating the perfect setting to relax or host family and friends. Excellent location, a short distance to Lakeridge Health Hospital, public & catholic elementary and high schools, the Oshawa Golf Club, the Shopping Centre, Costco, and the 401.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,884
Lot Size88.08 ft x 146.13 ft
mls© NumberE14081454
Listed ByColdwell Banker 2M 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%
$4,427
Property tax
$574
Heat allowance
$150
Housing costs
$5,151 / mo

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

Down payment20% · $172,980
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,640 / mo
Cash down
$172,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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