716 Bermuda Avenue, Oshawa, ON

$799,999
MLS#:E9011880
5 beds
2 baths
1100-1500 sqft
7.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Northglen. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,999 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 50.05 x 109.89 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this versatile property that caters to both investors and owner-occupants alike. Whether you're looking to add to your investment portfolio or make this property your new home, this is the perfect opportunity for you. This legal duplex property features a three-bedroom unit on the main floor and a two-bedroom unit on the lower floor. Both units are currently rented out to long-term tenants with excellent payment history. The main floor unit boasts spacious bedrooms, a bright and airy living room combined with dining room and a functional kitchen. The lower unit offers cozy living spaces, a second large versatile room currently used as a bedroom and ample storage. Located in a desirable neighbourhood, this property is close to schools, parks, shopping, public transportation and much more. Don't miss out on this opportunity. Schedule your showing today! Property highlights include: New air conditioning and furnace installed in 2023, windows in great conditions, egress windows in the basement, a 10-year-old roof, a durable bathtub in main bathroom bulletproof for tenants, a workshop and BBQ hut in the backyard. Brand New garage door with new guides and springs in the process of being installed. Each unit features its own separate laundry. * Open House Saturday July 6 and July 7 2-4PM *

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2024
Sold price information is available to members only
Listed Date7/4/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFinished, Separate Entrance
Lot Size50.05 × 109.89 Feet
CountyDurham
Annual Tax$4,309.54
Legal DescriptionPCL 77-1 SEC M969; LT 77 PL M969 ; CITY OF OSHAWA

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor, Water Heater

Security Features

Community Features

Location

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716 Bermuda Avenue, 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 716 Bermuda Avenue, Oshawa, ON L1J 6A8

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.

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Interest Rate5.25%
Down Payment$55,000 (6.9%)
* Minimum Canadian down payment required for this price is $55,000.
Amortization Period25 Years
Estimated Monthly Payment$4,440Based on a loan of $744,999 over 25 years.
Purchase Price$799,999
Loan Amount$744,999
Provincial Land Transfer Tax:$12,475
Total Estimated Closing Taxes:$12,475

About Purchasing a Home in Oshawa, ON

For a property listed at $799,999 in Oshawa, the legal minimum down payment is $55,000 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 $12,475 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 $12,475.

Nearby Listings

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No current listings found in Oshawa.

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City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$1,058,184

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

Adelaide Mclaughlin
Public630 Stevenson Road North, Oshawa, Ontario, L1J 5P1
5.2
St Christopher
Public431 Annapolis Avenue, Oshawa, Ontario, L1J 2Y5
3.7
Sunset Heights
Public1130 Mohawk Street, Oshawa, Ontario, L1G 4G7
5.7
Stephen G Saywell
Public855 Roundelay Drive, Oshawa, Ontario, L1J 7V1
6.0
Antonine Maillet
Public615 Ridgeway Avenue, Oshawa, Ontario, L1J 2W3
9.1

Secondary Schools

Monsignor Paul Dwyer
Public700 Stevenson Road North, Oshawa, Ontario, L1J 5P5
5.6
R. S. McLaughlin
Public570 Stevenson Road North, Oshawa, Ontario, L1J 5P1
6.4
O’Neill
Public301 Simcoe Street North, Oshawa, Ontario, L1G 4T2
5.7

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.