$799,000 - 376 King Street, Oshawa
Detached for Sale in Oshawa
35 days on market- MLS Number
- E13127312
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- EXP REALTY
Welcome to 376 King St. E - a timeless character home set on an impressive 175-foot deep lot, complete with a custom oversized double garage and exceptional future potential. Rich hardwood flooring, original gumwood trim, elegant French doors, and a striking staircase create warmth and charm throughout the grand foyer and principal spaces. The spacious living room features a classic fireplace with beautiful leaded-glass built-ins, while the sun-filled dining area flows seamlessly into the updated kitchen showcasing granite countertops, subway tile backsplash, and a breakfast bar perfect for entertaining. A cozy study offers direct walkout access to the expansive backyard and patio retreat.Upstairs, you'll find 3 generously sized bedrooms, a renovated 4-piece bathroom, and a private balcony overlooking the mature yard. The separate-entry basement offers excellent flexibility with a large rec room, office or potential 4th bedroom, laundry area, storage, and an additional 3-piece bath - ideal for extended family living or income potential.An exceptional opportunity for investors, Airbnb operators, or builders, with potential to develop 3-5 dwellings on the oversized lot (buyer to complete due diligence). Positioned along a planned Rapid Transit Spine, this property offers incredible long-term growth and redevelopment potential in a rapidly evolving area.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
5-yr fixed avg.
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.
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
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.
376 King Street, Oshawa
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $533/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.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.