692 Ormond Drive, Oshawa, ON
Property no longer active
This property was sold on November 4, 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 Samac. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,999 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 39.89 x 98.51 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 692 Ormond Drive, a premium, fully finished bungalow with stunning updated living space in one of North Oshawa's most sought-after family-friendly neighborhoods. The main floor features 3 bedrooms, 2 bathrooms, an open-concept layout with quartz countertops, hardwood floors, pot lights, a skylight, gas fireplace, and walk-out to a private deck. The bsmt features a walk-out in-law suite with over 1,500 sqft including 2 bedrooms, 1 bathroom, a spacious kitchen with new stainless steel appliances, and direct backyard access. This turnkey property is ideal for multi-generational living or investors seeking immediate returns. Both floors are currently tenanted by AAA+ long-term renters, with the upper rented at $2,595/month and the lower at $2,000/month, providing stable and reliable cash flow. Don't miss this one!!
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Property Summary
This detached home located at 692 Ormond Drive, Oshawa is currently for sale and has been available on SousaSells for 417 days. This property is listed at $1,049,999 with an estimated mortgage of $3,495* per month. It has 5 beds, 3 bathrooms, and is 1100-1500 square feet. 692 Ormond Drive, Oshawa is in the Samac neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 692 Ormond Drive, Oshawa, ON L1K 2R9
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 $1,049,999 in Oshawa, the legal minimum down payment is $210,000 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 $17,475 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 $17,475.
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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.