242 Elgin Street, Oshawa, ON
Property no longer active
This property was sold on August 9, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of McLaughlin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $740,000 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.
- 3 Bedrooms and 2 Bathrooms
- Premium 50 x 160 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Looking for an all brick home on one level with literally everything upgraded? How about a separate entrance to a finished lower level that would make a perfect inlaw? Oversized garage, 50x160 lot, renod kitchen, newer A/C and furnace. check and check. 2 + 1 bedroom home with hardwood on the main, feature walls, multiple bedroom windows and a very cute lower 3-piece bath along with an upgraded main bath. Outside offers plenty of parking and professional interlock landscaping.
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Property Summary
This detached home located at 242 Elgin Street, Oshawa is currently for sale and has been available on SousaSells for 717 days. This property is listed at $740,000 with an estimated mortgage of $2,463* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 242 Elgin Street, Oshawa is in the McLaughlin neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 242 Elgin Street W, Oshawa, ON L1J 2P1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $740,000 in Oshawa, the legal minimum down payment is $49,000 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 $11,275 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 $11,275.
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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.