This property was sold on October 4, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 1316 Simcoe St S in Oshawa. We invite you to discover the amazing qualities this home, and area provide. 3+2 bedroom bungalow, nestled in a prime location, and only a nine minute walk to Lakeview Park. This home boasts a spacious layout, on large lot, with enormous private backyard which includes a gazebo, hot tub (2019), new built in patio cover (2022) and above ground pool (2023) to provide your family with endless entertainment, and fun. Inside, you will find a very intelligently designed main level, with enormous newly renovated kitchen (2023), open concept living and dining area and three generously sized bedrooms. A truly standout feature of this property is it's incredibly large finished basement with income potential which includes a separate entrance, 3 piece washroom, two very large bedrooms, an enormous living area, office/exercise room, and kitchenette. Welcome home.
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This detached home located at 1316 Simcoe Street, Oshawa is currently for sale and has been available on SousaSells for 659 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 1316 Simcoe Street, Oshawa is in the Lakeview neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Fenced Yard, Hospital, Lake/Pond, Public Transit, School
Other, None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1316 Simcoe Street S, Oshawa, ON L1H 4M3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.
About Purchasing a Home in Oshawa, ON
For a property listed at $599,000 in Oshawa, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.