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Listed 12 days ago

581 Arnhem Drive

O'Neill, Oshawa

$849,900

Detached|Backsplit 5
4 | 3 | 5
About this home

Lovingly maintained by its original owners, this custom-built detached home offers a rare combination of space, comfort, character, and natural beauty. Set against the peaceful backdrop of a beautiful creek, this spacious 5-level backsplit provides an inviting layout with room for the whole family and exceptional potential for the future.The generous living room features a walkout to the deck, offering a wonderful place to relax, entertain, and enjoy the tranquil creek views. The second level offers 4 spacious bedrooms with new carpeting and hardwood flooring underneath. The entire home has been freshly painted, creating a bright and welcoming atmosphere, while the kitchen has been updated with new tile flooring and a modern induction stove.The finished lower level offers exceptional versatility, featuring a separate entrance, 3-piece bathroom, rough-in for a kitchen, a large recreation area with a gas fireplace, and a spacious bedroom with a large window. This flexible space presents excellent potential for a self-contained one-bedroom apartment, subject to applicable approvals, making it ideal for extended family, guests, or future rental possibilities. Enjoy the outdoors from the wrap-around balcony and deck, both offering peaceful spaces to take in the beautiful creek setting. The surrounding greenery creates a serene atmosphere and a wonderful sense of privacy. Ideally situated close to schools, parks, shopping, everyday amenities, and major highways, this home offers the perfect balance of peaceful surroundings and everyday convenience .Additional details include a rental hot water tank at approximately $24/month and a brand-new rental furnace at approximately $164/month. A rare opportunity to own a spacious and thoughtfully maintained custom-built home that has been cherished by the same original owners for years, offering a wonderful place to call home today and tremendous potential for tomorrow.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,717
Lot Size60.21 ft x 105.06 ft
mls© NumberE13832588
Listed ByHOMELIFE SUPERSTARS REAL ESTATE LIMITED

Listing History

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  • No recent lease history for this listing.

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What the bank counts

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

Mortgage, tested at 6%
$4,350
Property tax
$476
Heat allowance
$150
Housing costs
$4,977 / mo

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

Down payment20% · $169,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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