1106 Lockie Drive, Oshawa

Price: $679,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E12851038

Discover this beautifully designed 3-storey freehold townhouse in the highly sought-after Kedron community of North Oshawa. Built in 2024, this modern home features an attractive brick exterior and no maintenance fees, offering true freehold ownership.Boasting approximately 1,418 sq. ft., the home offers 3 spacious bedrooms, 2 full bathrooms on the upper level, and a convenient powder room on the ground floor. The bright and open-concept main floor is enhanced by 9-foot ceilings, large windows, and abundant natural light. The contemporary kitchen is equipped with a centre island, walk-in pantry, and walk-out to a private open-view balcony, perfect for entertaining or relaxing.The primary bedroom features ample closet space, a private ensuite bathroom, and its own exclusive balcony access, providing a comfortable and private retreat.Additional highlights include: Built-in garage with interior access - especially convenient during winter months Driveway parking EV charging connection already installed Unfinished basement offering excellent storage potential.Full carpet throughout the home, ideal for families with kids and elderly residents, providing added comfort and reduced slip risk on stairs.Modern ventilation system for improved air circulation and energy efficiencyIdeally located just minutes from Highway 407, public transit, top-rated schools, Durham College, Ontario Tech University, major shopping including Costco and Walmart, parks, and more.An exceptional opportunity to own a modern freehold home in a prime and growing neighbourhood.

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$679,000 - 1106 Lockie Drive, Oshawa

Townhouse for Sale in Oshawa

105 days on market
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
E12851038
Property Type
Townhouse
Status
active
Days on Site
105
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Discover this beautifully designed 3-storey freehold townhouse in the highly sought-after Kedron community of North Oshawa. Built in 2024, this modern home features an attractive brick exterior and no maintenance fees, offering true freehold ownership.Boasting approximately 1,418 sq. ft., the home offers 3 spacious bedrooms, 2 full bathrooms on the upper level, and a convenient powder room on the ground floor. The bright and open-concept main floor is enhanced by 9-foot ceilings, large windows, and abundant natural light. The contemporary kitchen is equipped with a centre island, walk-in pantry, and walk-out to a private open-view balcony, perfect for entertaining or relaxing.The primary bedroom features ample closet space, a private ensuite bathroom, and its own exclusive balcony access, providing a comfortable and private retreat.Additional highlights include: Built-in garage with interior access - especially convenient during winter months Driveway parking EV charging connection already installed Unfinished basement offering excellent storage potential.Full carpet throughout the home, ideal for families with kids and elderly residents, providing added comfort and reduced slip risk on stairs.Modern ventilation system for improved air circulation and energy efficiencyIdeally located just minutes from Highway 407, public transit, top-rated schools, Durham College, Ontario Tech University, major shopping including Costco and Walmart, parks, and more.An exceptional opportunity to own a modern freehold home in a prime and growing neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,483.62/mo

Includes CMHC insurance ($18,944)

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5-yr fixed avg.

Principal: $611,100Interest: $415,042
Mortgage Amount$630,044
Total Interest$415,042
Est. Property Tax$481/mo
Total Cost$1,045,087

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oshawa

Discover Oshawa

Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oshawa

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1106 Lockie Drive, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$481
Insurance (est.)-$141
Net Cash Flow+$1,928

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $617/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Oshawa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oshawa have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1106 Lockie Drive, Oshawa | $679,000 | Battaglia Team