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307 Malaga Road, Lakeview

Price

$699,000

Bedrooms3 Beds

Bathrooms2 Baths

Size1100-1500 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$4424

Maintenance FeesNot listed

Explore A Virtual Tour

Description

Exciting investment or first-time homebuyer opportunity! This fully legal 2-unit dwelling, registered with the City of Oshawa, sits on a premium 50' x 161.66' lot. Freshly painted and renovated (2024), duct cleaned (July 2024 with a 2-year warranty), and a brand-new roof installed (July 2024 with a 15-year material warranty and a 50-year labor warranty). Features include a new vanity and a professionally installed full-length swimming pool, and owned furnace and water heater truly a turnkey property. This cash-flowing gem offers 3+3 spacious bedrooms, each with large closets, and a separate side entrance leading to a fully finished basement apartment with a 5-piece bath. Complete with modern stainless steel appliances: 2 fridges, 2 stoves, 2 washers, 2 dryers, a dishwasher, and separate laundry for both the main and basement units. The location is unbeatable! Enjoy the tranquility of nearby Lakeview Park and Lake Ontario, with a private backyard and walking distance to schools, a daycare, plazas, bike trails, and more. Public transit is conveniently right at your doorstep, and the 401 is just minutes away.

Sale history for

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$2,880 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$559,200

Total Interest Payments

$344,781

Total Payment (Principal + Interest)

$903,981

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together