542 Veterans Road, Oshawa, ON

$649,900
MLS#:E10357737
6 beds
2 baths
10.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on November 15, 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 Farewell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 49.05 x 208.22 ft lot size
  • Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Attention Investors/ Builders/ First time buyers: Legal 2 Unit Income Property With Detached Double Garage in a Huge Lot (49 x 208 Feet). All Brick Bungalow. 3 Reasonable size Bedrooms and a full Bath Large Living & Dining Rm on Main Floor. Modern Kitchen, Fridge, Gas Stove, Quartz Counters and Tile Backsplash. Lower Need some TLC. Coin operate Laundry. Fenced Back Yard, 2 Sheds, Parking For 8+ Cars. Close To 401, Shopping Etc. Stable Tenants in Upper level & lower level is vacant. Investors & Builders: Build your dream home with 2 dwelling unit in this huge lot or severance the Land and built Semi Detached home with 2 dwelling. - See the attachment

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 542 Veterans Road, Oshawa is currently for sale and has been available on SousaSells for 623 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 6 beds, 2 bathrooms, and is unknown square feet. 542 Veterans Road, Oshawa is in the Farewell neighborhood.

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

Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date11/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementApartment, Separate Entrance
Lot Size49.05 × 208.22 Feet
CountyDurham
Annual Tax$5,225.85
Legal DescriptionPT LT 14 PL 397 EAST WHITBY AS IN D69758;

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater Owned

Security Features

Community Features

Location

Initializing map...
542 Veterans Road, Oshawa, ON
Loading local market trends...

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 542 Veterans Road, Oshawa, ON L1H 3N5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Oshawa, ON

For a property listed at $649,900 in Oshawa, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$1,427,372

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

Bobby Orr
Public7 Waterloo Street, Oshawa, Ontario, L1H 8V9
4.6
Glen Street
Public929 Glen Street, Oshawa, Ontario, L1J 3T9
1.2
Dr C F Cannon
Public1196 Cedar Street, Oshawa, Ontario, L1J 3S2
3.6
David Bouchard
Public460 Sedan Crescent, Oshawa, Ontario, L1H 6C9
3.0
Lakewoods
Public323 Chaleur Avenue, Oshawa, Ontario, L1J 1G5
3.9

Secondary Schools

Monsignor John Pereyma
Public316 Conant Street, Oshawa, Ontario, L1H 3S6
5.6
G L Roberts
Public399 Chaleur Avenue, Oshawa, Ontario, L1J 1G5
3.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.