296 Inverness Drive, Oshawa, ON

$799,900
MLS#:E11888591
5 beds
2 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on January 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of McLaughlin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 50 x 110 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Opportunity knocks! Stunning 5 bedrooms home on a large corner lot located in a private treelined street in excellent neighbourhood. Great curb appeal. Updated throughout. Open concept main floor layout. The large, bright & inviting living and dining rooms feature hardwood floors, gas fireplace, large windows, California shutters & built in cabinetry. Entertainers eat-in kitchen with gas stove, lots of cupboards & counter space, centre island & stainless steel appliances. The spacious bedrooms feature large closets, hardwood floors & California shutters. Finished super bright basement with large rec room, high ceilings, above grade windows, gas fireplace, built in cabinetry, tons of storage and great potential. Beautifully manicured yards & gardens compliment the large wrap around decking. Conveniently located in a highly desirable and private neighbourhood close to schools, shopping, parks, highways, entertainment & so much more. Some upgrades and features include: hardwood floors throughout, freshly painted, California shutters throughout, 2 gas fireplaces, large vinyl windows, exterior decking, exterior siding, newer roof, finished basement, upgraded lighting throughout, updated bathrooms, stainless steel appliances, built in cabinetry & so much more.

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Property Summary

This detached home located at 296 Inverness Drive, Oshawa is currently for sale and has been available on SousaSells for 585 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 296 Inverness Drive, Oshawa is in the McLaughlin neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 7, 2025
Sold price information is available to members only
Listed Date12/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 4
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size50 × 110 Feet
CountyDurham
Annual Tax$4,167
Legal DescriptionPLAN 800 LOT 14

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, School, Rec./Commun.Centre, Park, Hospital, Public Transit

Interior Features

None

Security Features

Community Features

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Location

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296 Inverness Drive, Oshawa, ON
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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 296 Inverness Drive, Oshawa, ON L1J 5T4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Oshawa, ON

For a property listed at $799,900 in Oshawa, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for McLaughlin, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$794,273

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

Woodcrest
Public506 Woodcrest Avenue, Oshawa, Ontario, L1J 2T8
2.6
Antonine Maillet
Public615 Ridgeway Avenue, Oshawa, Ontario, L1J 2W3
9.1
St Christopher
Public431 Annapolis Avenue, Oshawa, Ontario, L1J 2Y5
3.7
Adelaide Mclaughlin
Public630 Stevenson Road North, Oshawa, Ontario, L1J 5P1
5.2
Stephen G Saywell
Public855 Roundelay Drive, Oshawa, Ontario, L1J 7V1
6.0

Secondary Schools

R. S. McLaughlin
Public570 Stevenson Road North, Oshawa, Ontario, L1J 5P1
6.4
Monsignor Paul Dwyer
Public700 Stevenson Road North, Oshawa, Ontario, L1J 5P5
5.6
O’Neill
Public301 Simcoe Street North, Oshawa, Ontario, L1G 4T2
5.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.