308 Albert Street, Oshawa, ON

$490,000
MLS#:E9254975
2 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $490,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 27.5 x 99 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

For more info on this property, please click the Brochure button below. This charming and fully renovated 2-bedroom detached home offers modern updates and excellent investment potential. Located on a quiet street, it is just a 5-minute walk from the future Central Oshawa GO Train Station, making it a prime location for future growth. Inside, you'll find a sleek living room with engineered hardwood floors and a kitchen featuring durable porcelain tile, a quartz countertop, and an island, complemented by an open concept and a walk-out to the yard. The bathroom has been modernized, and the home benefits from an owned hot water tank, recent upgrades including a new high-efficiency furnace, enhanced attic and basement insulation, new potlights, and fresh neutral paint throughout. Additionally, the newly installed patio and fence provide a stylish outdoor space, while the covered front porch adds to the homes charm. With two no blocking parking spaces and recent basement waterproofing, this property is both functional and attractive. It comes with all appliances and window coverings and is conveniently close to transportation, shopping, parks, and more.

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Property Summary

This detached home located at 308 Albert Street, Oshawa is currently for sale and has been available on SousaSells for 702 days. This property is listed at $490,000 with an estimated mortgage of $1,631* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 308 Albert Street, Oshawa is in the Central neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date8/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished
Lot Size27.5 × 99 Feet
CountyDurham
Annual Tax$2,577
Legal DescriptionLT C34 SHEET 19 PL 335 OSHAWA ; S/T & T/W D100817 CITY OF OSHAWA

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Other

Security Features

Community Features

Location

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308 Albert Street, 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 308 Albert Street, Oshawa, ON L1H 4R8

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.

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Interest Rate4.00%
Down Payment$147,000 (30.0%)
* Minimum Canadian down payment required for this price is $24,500.
Amortization Period30 Years
Estimated Monthly Payment$1,631Based on a loan of $343,000 over 30 years.
Purchase Price$490,000
Loan Amount$343,000
Provincial Land Transfer Tax:$6,275
Total Estimated Closing Taxes:$6,275

About Purchasing a Home in Oshawa, ON

For a property listed at $490,000 in Oshawa, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.

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City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$667,557

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

St Hedwig
Public421 Olive Avenue, Oshawa, Ontario, L1H 2R2
0.9
David Bouchard
Public460 Sedan Crescent, Oshawa, Ontario, L1H 6C9
3.0
Village Union
Public155 Gibb Street, Oshawa, Ontario, L1J 1Y4
3.8
Clara Hughes
Public610 Taylor Avenue, Oshawa, Ontario, L1H 2E7
4.2
Mary Street Community
Public110 Mary Street North, Oshawa, Ontario, L1G 7S2
3.1

Secondary Schools

Monsignor John Pereyma
Public316 Conant Street, Oshawa, Ontario, L1H 3S6
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.