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Listed 2 months ago

1867 Arborwood Drive

Taunton, Oshawa

$1,298,999

Detached|2-Storey
4 | 5 | 4
About this home

Discover exceptional value in this spacious 3,140 sq. ft. Tribute-built "Parkwood" model,situated on an oversized lot in highly sought-after North Oshawa. Designed formulti-generational living or savvy investors, this property features an expansive main and second floor, complemented by a fully legal, income-generating 1365 sq. ft. two-bedroom basement apartment with a separate side entrance. The grand main level boasts 9-foot ceilings,a striking 17-foot foyer, a spiral oak staircase, a private den, and convenient main-floor laundry with interior garage access. Upstairs, the primary retreat features two large walk-inclosets and a luxurious ensuite. The second bedroom includes its own walk-in closet and ensuite, while the third and fourth bedrooms share a functional semi-ensuite. Nestled on an extra-deep lot with endless landscaping potential, this home is steps from top-rated schools,parks, shopping, transit, and Highway 407. Priced well below new builder alternatives, this property offers incredible future upside.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. Age6-15
Size3000-3500 sq. ft.
Property Tax$9,939
Lot Size40 ft x 168 ft
mls© NumberE13248566
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,649
Property tax
$828
Heat allowance
$150
Housing costs
$7,627 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $259,800
25-yr amortization

Income needed

$235,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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