524 Lisbon Court, Oshawa

Price: $599,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13020204

Fantastic Detached Home On A Quiet Court with Wonderful Layout And Plenty of Potential On A Generous Pie Lot. The Upper Level Features A Comfortable Open Living Area With A Wood-Burning Fireplace, An Eat-In Kitchen, Three Bedrooms, Two Room Bathroom And A Sunroom.The Finished Lower Level Offers Great Flexibility, Including A Large Recreation Room With A Gas Fireplace, An Additional Bedroom, A 3-Piece Bathroom, Direct Garage Access, And A Separate Entrance With Backyard Access-Ideal For Extended Family Or Future Income Potential.A Large Detached Workshop And Ample Parking Add To The Home's Appeal. Well Suited For A Legal Duplex Or In-Law Suite Conversion, If Desired. Conveniently Located Just Steps To Three Excellent Schools: Corpus Christi (French Immersion), St. Thomas Aquinas, And College Hill Elementary-As Well As Laval Park. Close To Shopping & Amenties @ Nearby Smartcenter or Oshawa Center, Highway 401, And GO Transit. An Excellent Opportunity For Families Or Investors Alike To Make It Their Own.

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$599,900 - 524 Lisbon Court, Oshawa

Detached for Sale in Oshawa

60 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13020204
Property Type
Detached
Status
active
Days on Site
60
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
STRIVE REALTY LTD.
Description

Fantastic Detached Home On A Quiet Court with Wonderful Layout And Plenty of Potential On A Generous Pie Lot. The Upper Level Features A Comfortable Open Living Area With A Wood-Burning Fireplace, An Eat-In Kitchen, Three Bedrooms, Two Room Bathroom And A Sunroom.The Finished Lower Level Offers Great Flexibility, Including A Large Recreation Room With A Gas Fireplace, An Additional Bedroom, A 3-Piece Bathroom, Direct Garage Access, And A Separate Entrance With Backyard Access-Ideal For Extended Family Or Future Income Potential.A Large Detached Workshop And Ample Parking Add To The Home's Appeal. Well Suited For A Legal Duplex Or In-Law Suite Conversion, If Desired. Conveniently Located Just Steps To Three Excellent Schools: Corpus Christi (French Immersion), St. Thomas Aquinas, And College Hill Elementary-As Well As Laval Park. Close To Shopping & Amenties @ Nearby Smartcenter or Oshawa Center, Highway 401, And GO Transit. An Excellent Opportunity For Families Or Investors Alike To Make It Their Own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,077.80/mo

Includes CMHC insurance ($16,737)

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5-yr fixed avg.

Principal: $539,910Interest: $366,692
Mortgage Amount$556,647
Total Interest$366,692
Est. Property Tax$425/mo
Total Cost$923,339

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

524 Lisbon Court, 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)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$2,650

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 $545/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 60 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.

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 $2,500 (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.

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    524 Lisbon Court, Oshawa | $599,900 | Battaglia Team