538 Harmony Road, Oshawa, ON
Property no longer active
This property was sold on March 1, 2025. 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 Donevan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,999 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 52 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: In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Extremely Unique Opportunity. Solid Three Bedroom Two Bath Ranch Bungalow Including a Finished Basement, Situated on a 52 x 110 Foot Lot with a Huge Private Fully Fenced Backyard and Large Deck for Entertaining. This Property includes a Full Array of Solar Panels that Earn Between $9,000.00 - $10,000 a Year Selling Hydro by Transferable Contract (assignable), to the Ontario Hydro Authority and Continues Until April 23, 2032 at which time a new contract could be negotiated. Inside You will find an Open Concept Living/Dining Room with Picture Window, an Updated Kitchen with Oak Cupboards, 3 Bedrooms and 4 Piece Main Bathroom. The Finished Basement has In-law Potential and Features a Large Recreation and Games Room(s) W/Gas Fireplace, Office Area, 3 Piece Bath, Cold Room and Laundry Room. Many Upgrades and Updates Completed Over the Years Including Windows, Furnace & Air Conditioning 2021, Roof Shingles 2011, Breaker Panel, Solar Panels and Related Hydro Connections 2011, Sliding Glass Door Walk out and Large Deck 2012 and More. Property has been Tenanted Since 2014 and Requires Some Renovating/Updating!! Priced for a Quick Sale, Very Many Possibilities Here!!! Note: most pictures taken (2014). **EXTRAS** The property has a (assignable under conditions) 20 Year Contract, (FEED-IN TARIFF MICROFIT CONTRACT) to Sell Hydro to the Ontario Hydro Authority from April 23, 2012 to April 23, 2032. Contract has been Paying $9,000 to $10,000 per Year.
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Property Summary
This detached home located at 538 Harmony Road, Oshawa is currently for sale and has been available on SousaSells for 557 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 538 Harmony Road, Oshawa is in the Donevan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, School
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Solar Owned, Water Heater, Water Meter
Security Features
Smoke Detector
Community Features
Location
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 538 Harmony Road S, Oshawa, ON L1H 6V5
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 $599,999 in Oshawa, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.
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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.