220 Ormond Drive Unit W28, Oshawa

Price: $499,000

4 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12877680

Welcome to this spacious and well-laid-out 3-level condo townhome located in the desirable Samac community of Oshawa. Offering 4 bedrooms and 2 bathrooms, this home is ideal for families, and/or first-time buyers.The main floor features a versatile 4th bedroom, perfect for a home office, guest room, or den, along with walk-out access to a fully fenced backyard. The backyard includes a gate with direct access to the main road, adding extra convenience.The second level boasts a bright and open-concept layout with a large living room flowing seamlessly into the dining area, making it perfect for entertaining. The open kitchen offers ample storage, generous counter space, and room for a small breakfast table.The third level is dedicated to the sleeping quarters, featuring three great sized bedrooms and a full bathroom, providing comfortable and functional living space for the whole family. Located close to schools, parks, transit, shopping, and all amenities, this home combines space, functionality, and a prime location in one fantastic package.

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$499,000 - 220 Ormond Drive Unit W28, Oshawa

Condo for Sale in Oshawa

96 days on market
4Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12877680
Property Type
Condo
Status
active
Days on Site
96
Bedrooms
4
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
North East
Balcony
None
Listing Brokerage
KELLER WILLIAMS ENERGY REAL ESTATE
Description

Welcome to this spacious and well-laid-out 3-level condo townhome located in the desirable Samac community of Oshawa. Offering 4 bedrooms and 2 bathrooms, this home is ideal for families, and/or first-time buyers.The main floor features a versatile 4th bedroom, perfect for a home office, guest room, or den, along with walk-out access to a fully fenced backyard. The backyard includes a gate with direct access to the main road, adding extra convenience.The second level boasts a bright and open-concept layout with a large living room flowing seamlessly into the dining area, making it perfect for entertaining. The open kitchen offers ample storage, generous counter space, and room for a small breakfast table.The third level is dedicated to the sleeping quarters, featuring three great sized bedrooms and a full bathroom, providing comfortable and functional living space for the whole family. Located close to schools, parks, transit, shopping, and all amenities, this home combines space, functionality, and a prime location in one fantastic package.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

220 Ormond Drive Unit W28, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,160/mo
Range: $2,686 - $3,634
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,160
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$2,053

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 $499/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 96 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    220 Ormond Drive Unit W28, Oshawa | $499,000 | Battaglia Team