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New11 hours ago

688 King Street W

McLaughlin, Oshawa

$709,000

Detached|1 1/2 Storey
4 | 1 | 4
About this home

If you are an investor this is your excellent opportunity. With 60ft of frontage and 185 feet of depth this lot with multiple zoning opportunities offers great potential. If you are a first time buyer this provides an amazing opportunity to restore this charming "Old Oshawa" home to its original glory and own a detached property to create memories. Large living and dining rooms, bright kitchen with 4 bedrooms and a Sunroom offers ample of living space to enjoy. Walk to Restaurants, Oshawa centre, Trent University (Durham). On Transit route with features such as schools, place of worship. Includes Stove, Washer/Dryer and Fridge. With 5 mins drive to Hwy 401 makes it a convenient location to access it.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,427
Lot Size64.58 ft x 185.08 ft
mls© NumberE13878722
Listed ByRE/MAX METROPOLIS REALTY

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%
$3,629
Property tax
$536
Heat allowance
$150
Housing costs
$4,315 / mo

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

Down payment20% · $141,800
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,984 / mo
Cash down
$141,800

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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