285 Burk Street, Oshawa, ON
Property no longer active
This property was sold on October 25, 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 Vanier. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $688,000 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 with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 60 x 100 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 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
Attention first time buyer/investors. This functional, corner property has a great income potential. Big window, lots of natural light. Basement has separate entrance. Live upstairs and rent the basement. Two separate driveways can accommodate up to 7 cars. Garage can be used or rented out as workshop and has insulated garage door and a sink. The possibility is endless. Strategic location with easy access to Hwy 401, near theOshawa Centre, countless shops, restaurants, local parks and accessible transit options
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Property Summary
This detached home located at 285 Burk Street, Oshawa is currently for sale and has been available on SousaSells for 648 days. This property is listed at $688,000 with an estimated mortgage of $2,290* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 285 Burk Street, Oshawa is in the Vanier neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 285 Burk Street, Oshawa, ON L1J 4C5
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 $688,000 in Oshawa, the legal minimum down payment is $43,800 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 $10,235 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 $10,235.
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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.