546 Park Road, Oshawa, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Vanier. Expertly crafted featuring premium other 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 80 x 115 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment
- Efficient baseboard heating via electric
Description
Welcome to 546 Park Road South. Two whole lots (80' x 115' total - two 40' x 115' parcels) with a legal registered triplex straddling both, in a quiet residential pocket north of the 401. The City's original 1960s subdivision plan confirms two whole lots - no minor variance needed for severance. The existing triplex offers three self-contained 2-bedroom units, 3 baths, ~1,750 sq ft above grade, private yard per unit, four separate hydro meters (one per unit + shared coin laundry), a furnace just over 2 years old, and 6+ parking. Renovate and restore for strong rental income, OR demolish and build two side-by-side single-family dwellings with two accessory apartments - two distinct, high-income-generating triplexes on one parcel. R2 zoning with grandfathered triplex status preserves density for new builds. Vacant possession guaranteed.
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Park, Fenced Yard, Public Transit, River/Stream
Interior Features
Accessory Apartment
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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 546 Park Road S, Oshawa, ON L1J 4J5
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.