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Listed 1 month ago

154 Rossland Road E

Centennial, Oshawa

$2,449,000

Detached|Bungalow-Raised
5 | 5 | 6
About this home

This is your opportunity to own this 4,190 sq ft Multi-generational home currently being constructed by renowned builder Frank Veltri, known for his well built, solid, functional and beautifully designed homes. With two completely separate units you have the ability to either lease out one unit and live in the other or use as a multi-family dwelling. The main floor having 2320.30 sq ft features a huge eat-in kitchen with a breakfast bar and dining area overlooking the massive living room with gas fireplace and walk-out to a deck with gas BBQ connection. Relax and enjoy the amazing master bedroom having a walk-in closet, 9'x4'8" sitting area with cathedral ceiling, a 5 pc ensuite bath with a free standing soaker tub and huge separate shower. The 2nd bedroom also features a cathedral ceiling with a large double closet adjacent to the main floor 4pc bath with linen closet. This upper unit has it's own laundry/mud room with garage access. Lower unit features 1,869.65 sq ft features 2 separate entrances from the garage to the laundry/mud room or at the rear of the home. Large eat-in kitchen with breakfast bar overlooks the rec room having an electric fireplace and walk-up with roof to the backyard. Master bedroom features double closets and a 5 pc bath with separate tub and shower. Adjacent to the rec room you will find a computer room or den which is accessible from the hall or the rec room, perfect for a home office! Beautiful high end finishes throughout including designer chandeliers, oak stairs, custom wall units for both apartments, heated floors in the bathrooms, upgraded plumbing fixtures, separate meters throughout, back yard with two gas connections and rough-in for dog wash in garage. This is truly an amazing multi-generational home for those wishing a beautiful home for two families or should you wish to lease one unit for extra income.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNew
Size3500-5000 sq. ft.
Property Tax---
Lot Size56.91 ft x 133.84 ft
mls© NumberE13514902
Listed ByRE/MAX Rouge River Realty Ltd.

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,535
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$12,685 / mo

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

Down payment20% · $489,800
25-yr amortization

Income needed

$390,000

gross annual household income

Payment at 4%
$10,306 / mo
Cash down
$489,800

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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