Home with brick exterior material for 1284 Meadowvale St, Oshawa Ontario L1H 4E9
47 days on Market

1284 Meadowvale St, Oshawa, Ontario L1H 4E9

Detached
3 + 3
3
- sqft
$859,999
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Detached
3 + 3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,693/mo

Tax Amount (2024)$4,195/yr

Days On Market47 days


Description

Welcome to your dream investment property at 1284 Meadowvale, Oshawa, ON! This fully renovated gem offers an exceptional combination of modern living and lucrative rental potential. With three spacious bedrooms and two full bathrooms, this property is designed for comfort and convenience for both the owners and tenants.Step into a brand-new kitchen that promises culinary delights, ideal for hosting family gatherings or cozy evenings at home. The main floor is currently generating an impressive income of $3,290 per month, while the basement unit adds another $2,450 to your revenue stream, ensuring a steady cash flow.Located just a short stroll from the beautiful Lake Ontario, this home is perfectly situated in a quiet, mature neighborhood that offers a peaceful lifestyle while being close to nature. Enjoy leisurely walks to the beach or explore the vibrant community around you.What sets this property apart is its versatility: live in one unit and rent out the other to offset your mortgage, or manage both as an investment for passive income. With separate laundry facilities for each unit, tenants will appreciate the added convenience and privacy.Don't miss the chance to own this fantastic property that checks all the boxesrenovated, income-generating, and in a prime location. Whether youre a first-time buyer, seasoned investor, or looking for a family home, this property promises endless possibilities. Schedule a viewing today and seize the opportunity to make this stunning property your own!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size13,530 SqFt(143.62 x 94.21)
Parking Spaces5
MLS ®NumberE11444421
Community NameLakeview
Data SourceTRREB
Listing byNOBLE GRPS REAL ESTATE INCORPORATED

Features

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

Features

Lot size: 13,530 SqFt
Pool: Inground

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by NOBLE GRPS REAL ESTATE INCORPORATED, Brokerage

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Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

26 days

2023

18 days

2022

7 days

New Listings

Past 30 days

22 listings

Compared to

2024

10 listings

2023

11 listings

2022

0 listing

Units sold

Past 30 days

5 units

Compared to

2024

5 units

2023

5 units

2022

6 units

Median Sold Price

Past 30 days

$778,000

Compared to

2024

$625,000

2023

$770,000

2022

$828,000


Population and Demographics

Overview

Total population 15017
Average household income $87,728

Age (%)

0 to 19
24%
20 to 34
23%
50 to 64
21%
35 to 49
19%
65 and plus
13%

Household composition (%)

Single family
61%
Single person
30%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
90%
Others
4%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
51%
Renters
49%

Schools and amenities

Estimated Budget