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277 Gibbons Street, McLaughlin

Price

$1,139,000

Bedrooms4 Beds

Bathrooms4 Baths

Size1500-2000 sqft

Year Built51-99

Property TypeHouse

Property Taxes$5030.77

Maintenance FeesNot listed

Description

Attention Investors, Builders & Developers! Exceptional opportunity in in the Heart of Oshawa! Raised bungalow with two large self-contained side units, each with separate entrances connected to the main house. Main and second-floor suites feature 3-piece baths, double closets, and front/back windows. The bungalow offers 2 bedrooms, 2 baths, and a partially finished basement. Includes double-car detached garage and legal second driveway. Lot can be easily severed into two 45-ft lots - A nearby property lot was recently severed. Potential to convert into a fourplex or redevelop for maximum return. Prime location in a high-growth area - a perfect opportunity for investors and developers to capitalize on Oshawa's expansion! Property is being SOLD in "AS IS, WHERE IS" condition!

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$4,511 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$911,200

Total Interest Payments

$561,811

Total Payment (Principal + Interest)

$1,473,011

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