340 Fairlawn Street, Oshawa

Price: $655,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13052138

***Public Open House Saturday June 20th & Sunday June 21st From 2:00 To 3:00 PM.*** Offers Anytime. Detached Home With In Law Suite In Basement With Separate Entrance & Garage Located On Quiet Street. This Home Is Perfect For Multigenerational Living! Main Floor Features A Modern Kitchen With Quartz Counter Tops & Stainless Steel Appliances Renovated In 2019. Laminate Floors In Kitchen, Living Room & Dining Room Renovated In 2025. Walk Out To Deck & Privacy Fenced Backyard. With The Potential To Garden, Entertain, Or Create Your Ideal Outdoor Retreat. Roof Is New Fiberglass Laminate Shingles Redone In 2022. This Is Excellent Opportunity For Renovators, Investors, Or Buyers Looking For A Project. Convenient Location - Close To Highway 401, Transit, GO Transit, Schools, Shopping, Restaurants, Oshawa Golf Club, Parks & More. An Incredible Chance To Reimagine This Solid, Well-Built Home And Create The Space You've Always Dreamed Of. Click On 4K Virtual Tour & Don't Miss This Opportunity.

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$655,000 - 340 Fairlawn Street, Oshawa

Detached for Sale in Oshawa

51 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13052138
Property Type
Detached
Status
active
Days on Site
51
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
LPT REALTY
Description

***Public Open House Saturday June 20th & Sunday June 21st From 2:00 To 3:00 PM.*** Offers Anytime. Detached Home With In Law Suite In Basement With Separate Entrance & Garage Located On Quiet Street. This Home Is Perfect For Multigenerational Living! Main Floor Features A Modern Kitchen With Quartz Counter Tops & Stainless Steel Appliances Renovated In 2019. Laminate Floors In Kitchen, Living Room & Dining Room Renovated In 2025. Walk Out To Deck & Privacy Fenced Backyard. With The Potential To Garden, Entertain, Or Create Your Ideal Outdoor Retreat. Roof Is New Fiberglass Laminate Shingles Redone In 2022. This Is Excellent Opportunity For Renovators, Investors, Or Buyers Looking For A Project. Convenient Location - Close To Highway 401, Transit, GO Transit, Schools, Shopping, Restaurants, Oshawa Golf Club, Parks & More. An Incredible Chance To Reimagine This Solid, Well-Built Home And Create The Space You've Always Dreamed Of. Click On 4K Virtual Tour & Don't Miss This Opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,360.49/mo

Includes CMHC insurance ($18,275)

$
$
5%10%50%

5-yr fixed avg.

Principal: $589,500Interest: $400,372
Mortgage Amount$607,775
Total Interest$400,372
Est. Property Tax$464/mo
Total Cost$1,008,147

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

340 Fairlawn Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$464
Insurance (est.)-$136
Net Cash Flow+$2,600

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

Fair Market Value

At $936/sqft, this property is priced in line with current Oshawa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 51 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.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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 $2,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    340 Fairlawn Street, Oshawa | $655,000 | Battaglia Team