Unknown for 583 Shakespeare Ave, Oshawa Ontario L1H 3H5
10 days on Market

583 Shakespeare Ave, Oshawa, Ontario L1H 3H5

Townhouse
3 + 2
2
- sqft
$815,000
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Townhouse
3 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,500/mo

Tax Amount (2024)$5,040/yr

Days On Market10 days


Description

This well-maintained, legal two-unit duplex offers an exceptional opportunity for investors or buyers seeking to lower their mortgage costs through rental income. The property is conveniently located minutes from Hwy 401, GO Transit, GM, OPG, schools, shopping, and the Oshawa Centre, offering excellent rental potential and flexibility. The upper unit features 3 bedrooms, a 4-piece bath, living room, kitchen, in-suite laundry, and a private entrance, while the lower unit provides 2 bedrooms, a 4-piece bath, kitchen, in-suite laundry, and private entrance. This legal 3+2 configuration enhances rental appeal and increases income potential. Additional features include four parking spaces and a detached garage with hydro adding potential for extra revenue. Recent upgrades include deck (2020), shed (2020), sump pump (2020), roof (2021), and water heater (2024).


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size5,509 SqFt(100.09 x 55.05)
Parking Spaces4
MLS ®NumberE11890580
Community NameEastdale-Donevan
Data SourceTRREB
Listing byOUR NEIGHBOURHOOD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Sep Entrance

Lower Floor

Living

0.00 x 0.00

Kitchen

0.00 x 0.00

Br

0.00 x 0.00

2nd Br

0.00 x 0.00


Features

Lot size: 5,509 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 3

Total parking spaces 4


Property listed by OUR NEIGHBOURHOOD REALTY INC., Brokerage

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Market Data - Eastdale-Donevan

Balanced Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2023

39 days

2022

0 day

2021

6 days

New Listings

Past 30 days

19 listings

Compared to

2023

17 listings

2022

0 listing

2021

3 listings

Units sold

Past 30 days

5 units

Compared to

2023

1 unit

2022

0 unit

2021

3 units

Median Sold Price

Past 30 days

$740,000

Compared to

2023

$790,000

2021

$955,000


Population and Demographics

Overview

Total population 26108
Average household income $118,913

Age (%)

50 to 64
22%
0 to 19
21%
20 to 34
19%
65 and plus
19%
35 to 49
19%

Household composition (%)

Single family
71%
Single person
24%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
90%
Others
5%
French
2%
Polish
1%

House tenancy (%)

Owners
77%
Renters
23%

Schools and amenities

Estimated Budget