$759,900 - 519 Rosmere Street, Oshawa
Detached for Sale in Oshawa
38 days on market- MLS Number
- E13113854
- Property Type
- Detached
- Status
- active
- Days on Site
- 38
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- LPT Realty
Welcome to 519 Rosmere Street - McLaughlin Living at Its Best. Situated on a mature street in one of Oshawa's most established and family-friendly neighbourhoods, 519 Rosmere is a thoughtfully updated home on a generous lot with a backyard that stands out. Inside, the kitchen and dining area have been opened up into a bright, open-concept space - functional, well-lit, and anchored by oversized windows that carry natural light through the main floor all day. The living room retains its character with elegant plaster crown moulding. New laminate flooring runs throughout the entire home - no carpet - alongside a brand new staircase and fresh paint top to bottom. The main level offers 3 bedrooms and a full bathroom. The lower level features a self-contained in-law suite with 2 additional bedrooms, a second bathroom, and its own separate entrance. Roof redone in 2021. Windows and doors replaced in 2020.The backyard is a highlight in its own right. A private pond water feature, a large deck with built-in storage underneath, and a sizeable shed - all set on a lot with plenty of green space remaining. It's a well-thought-out outdoor space with room to breathe. McLaughlin is one of Oshawa's most enduring family neighbourhoods for good reason. Tree-lined streets, 16 parks, and direct access to the Joseph Kolodzie Creek Trail and the Oshawa Valley Botanical Gardens. R.S. McLaughlin C.V.I. is around the corner, with IB, AP, and French Immersion programs in the catchment, alongside several strong elementary options nearby. The Oshawa Golf Club, Parkwood National Historic Site, and Oshawa Centre are all within minutes.
Estimate your monthly payments for this property
Estimated Payment
$3,898.68/mo
Includes CMHC insurance ($21,201)
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.
519 Rosmere 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
Fair Market Value
At $1086/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.
Market Position
At 38 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.
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.
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 $3,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.