488 Lanark Drive, Oshawa, ON
Property no longer active
This property was sold on January 23, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of McLaughlin. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $749,900 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 29.69 x 122.77 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rarely offered is this 4 bedroom brick home backing onto a ravine in north west Oshawa. A wonderful family oriented neighbourhood within walking distance to schools. A stone's throw to public transit and a quick drive to the 401. Inside you will find modern luxury vinyl has just been installed throughout the main floor of the home. The large windows in the living room and dining room look out onto a large private backyard that backs onto a large ravine. No neighbours behind! Side door from kitchen walks out to a lovely back deck perfect for your BBQ and outdoor dinners. Updated 4 piece family bathroom and powder room. 4 large bedrooms all have been freshly painted. Downstairs has broadloom installed in December 2024 with a walkout to the backyard. The basement has a convenient laundry room with plenty of storage.
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Property Summary
This detached home located at 488 Lanark Drive, Oshawa is currently for sale and has been available on SousaSells for 555 days. This property is listed at $749,900 with an estimated mortgage of $2,496* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 488 Lanark Drive, 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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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 488 Lanark Drive, Oshawa, ON L1J 6H7
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 $749,900 in Oshawa, the legal minimum down payment is $49,990 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 $11,473 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 $11,473.
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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.