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Lakeview, Oshawa
$849,000
Location, Location, Location! Huge Opportunity To Hold For Future Investment Or Development. With R6-C Zoning Develop Into An Apartment Building, Long Term Care Facility, Nursing Home Or Retirement Home. Surrounded By Large High Rise Multi-family Properties. Currently Used As A 2 Bedroom, 2 Bathroom Home With 2nd Floor Bonus Room. **EXTRAS** Detached garage with power, newer gas furnace, 200 Amp service. Sold as-is-where-is. Some renovations required to make existing structure liveable.
No extras listed.
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| Type | Detached |
| Style | 1 Storey/Apt |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,445 |
| Lot Size | 60 ft x 192.25 ft |
| mls© Number | E12903786 |
| Listed By | KELLER WILLIAMS ENERGY REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,346
- Property tax
- $287
- Heat allowance
- $150
- Housing costs
- $4,783 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$147,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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