586 Balsam Crescent, Oshawa, ON

$685,000
MLS#:E12294104
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 28, 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 Lakeview. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $685,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 24.58 x 118.47 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: In-Law Capability, Storage, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Your Dream Home Awaits at 586 Balsam Crescent! Welcome to this Stunning, Move-In Ready Home Nestled on a Family-Friendly Crescent, Offering the Perfect Blend of Modern Updates & an Unbeatable Location! You're Just Steps Away from the Serene Lake, Beautiful Waterfront Parks & Pathways, Schools, & Community Centre, Making it Ideal For an Active Family Lifestyle! From the Moment You Enter the Custom-Built Foyer, You'll Feel Right at Home! The Main Level Boasts an Open-Concept Living & Dining Area Featuring Brand-New Luxury Vinyl Plank Flooring & an Abundance of Natural Light! This Space Seamlessly Flows Out to a Beautifully Landscaped Backyard and Custom Stone Patio, Perfect for Both Relaxation & Entertaining! The Spacious Kitchen is a Chef's Delight, Equipped with Abundant Cabinetry, Pull-out Shelving, Generous Quartz Countertops, Under-Cabinet Lighting, Tiled Backsplash, a Convenient Coffee Bar, a Double Sink, & Sleek Stainless Steel Appliances! Thoughtful Design Across Every Level! Upstairs, You'll Find Three Spacious & Bright Bedrooms, Including a Primary Bedroom that Comfortably Fits a King-Sized Bed & Features Custom Built-In Closets. A Fully Renovated Four-Piece Bathroom Serves this Level, Complemented by Two Convenient Linen Closets in the Hallway for Ample Storage! The Finished Basement Significantly Extends your Living Space, Offering a Versatile Office/Den Area (or Possible 4th Bedroom) & a Generous Recreation Room Complete with a Cozy Fireplace & a Stylish Live Edge Mantle! A Beautifully Finished Three-Piece Bathroom with a Spacious Glass-Enclosed Shower Completes this Lower Level! This Lovely Family Home is Packed with Thoughtful Updates & Offers the Perfect Blend of Convenience & Tranquility! It's Truly a Place Where Memories Are Waiting to be Made!

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Property Summary

This detached home located at 586 Balsam Crescent, Oshawa is currently for sale and has been available on SousaSells for 365 days. This property is listed at $685,000 with an estimated mortgage of $2,280* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 586 Balsam Crescent, Oshawa is in the Lakeview neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 28, 2025
Sold price information is available to members only
Listed Date7/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementFinished, Separate Entrance
Lot Size24.58 × 118.47 Feet
CountyDurham
Annual Tax$3,917.9
Legal DescriptionPT LT 17 PL 970 OSHAWA PT 10 40R1147 CITY OF OSHAWA

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Fenced Yard, Lake/Pond, Park, School, Public Transit

Interior Features

In-Law Capability, Storage, Upgraded Insulation, Floor Drain

Security Features

Community Features

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Location

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586 Balsam Crescent, 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 586 Balsam Crescent, Oshawa, ON L1J 6A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$205,500 (30.0%)
* Minimum Canadian down payment required for this price is $43,500.
Amortization Period30 Years
Estimated Monthly Payment$2,280Based on a loan of $479,500 over 30 years.
Purchase Price$685,000
Loan Amount$479,500
Provincial Land Transfer Tax:$10,175
Total Estimated Closing Taxes:$10,175

About Purchasing a Home in Oshawa, ON

For a property listed at $685,000 in Oshawa, the legal minimum down payment is $43,500 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 $10,175 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 $10,175.

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City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$668,439

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

Dr C F Cannon
Public1196 Cedar Street, Oshawa, Ontario, L1J 3S2
3.6
Glen Street
Public929 Glen Street, Oshawa, Ontario, L1J 3T9
1.2
Monsignor Philip Coffey
Public1324 Oxford Street, Oshawa, Ontario, L1J 3W6
3.8
Lakewoods
Public323 Chaleur Avenue, Oshawa, Ontario, L1J 1G5
3.9
Bobby Orr
Public7 Waterloo Street, Oshawa, Ontario, L1H 8V9
4.6

Secondary Schools

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

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.