88 Overbank Drive, Oshawa, ON

$899,900
MLS#:E10417060
5 beds
5 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Sidesplit 5 detached located in the coveted neighborhood of McLaughlin. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,900 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.

  • 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 75.7 x 120 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 with a convenient attached configuration
  • Notable attributes: In-Law Suite, Accessory Apartment
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully maintained **5-level sidesplit legal duplex** home, nestled in a highly desirable **Oshawa** neighborhood! This exceptional property features **two updated kitchens**, ensuring ample cooking space and modern amenities for all your culinary needs. With abundant living space, you can fully enjoy the privacy of **two private walkout backyards** and decks, ideal for outdoor relaxation and entertaining.This home is perfect for families as well as first-time buyers looking for an opportunity to generate additional income from the rental unit. It's a fantastic investment prospect that shouldnt be overlooked! Adding to its appeal, the property boasts a **double car garage** and generous driveway space, accommodating up to **6 cars**truly a rare find in such a popular area!Dont miss your chance to own this versatile and charming property in a sought-after neighborhood. Schedule a viewing today and discover the potential this home has to offer!

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Property Summary

This detached home located at 88 Overbank Drive, Oshawa is currently for sale and has been available on SousaSells for 613 days. This property is listed at $899,900 with an estimated mortgage of $2,995* per month. It has 5 beds, 5 bathrooms, and is 1500-2000 square feet. 88 Overbank Drive, Oshawa is in the McLaughlin neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date11/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleSidesplit 5
ConstructionBrick, Vinyl Siding
BasementApartment, Separate Entrance
Lot Size75.7 × 120 Feet
CountyDurham
Annual Tax$6,323.25
Legal DescriptionPlan 40M1351 Lot 54

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, Ravine, School

Interior Features

In-Law Suite, Accessory Apartment

Security Features

Community Features

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Location

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88 Overbank Drive, 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 88 Overbank Drive, Oshawa, ON L1J 7Y7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$269,970 (30.0%)
* Minimum Canadian down payment required for this price is $64,990.
Amortization Period30 Years
Estimated Monthly Payment$2,995Based on a loan of $629,930 over 30 years.
Purchase Price$899,900
Loan Amount$629,930
Provincial Land Transfer Tax:$14,473
Total Estimated Closing Taxes:$14,473

About Purchasing a Home in Oshawa, ON

For a property listed at $899,900 in Oshawa, the legal minimum down payment is $64,990 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 $14,473 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 $14,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$794,273

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

Woodcrest
Public506 Woodcrest Avenue, Oshawa, Ontario, L1J 2T8
2.6
Antonine Maillet
Public615 Ridgeway Avenue, Oshawa, Ontario, L1J 2W3
9.1
St Christopher
Public431 Annapolis Avenue, Oshawa, Ontario, L1J 2Y5
3.7
Adelaide Mclaughlin
Public630 Stevenson Road North, Oshawa, Ontario, L1J 5P1
5.2
Stephen G Saywell
Public855 Roundelay Drive, Oshawa, Ontario, L1J 7V1
6.0

Secondary Schools

R. S. McLaughlin
Public570 Stevenson Road North, Oshawa, Ontario, L1J 5P1
6.4
Monsignor Paul Dwyer
Public700 Stevenson Road North, Oshawa, Ontario, L1J 5P5
5.6
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.