$849,900 - 553 TED MARKS Drive, Oshawa
Townhouse for Sale in Oshawa
74 days on market- MLS Number
- E12940150
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 74
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Absolutely Stunning ! Steal Deal ! This Brand New Never Lived in 1866 Square Feet Corner Freehold Townhome is built by Menkes builder is situated in the most demanding new subdivision of Oshawa. Prime Location ! Walking distance to Kedron Dells Golf Club, Close to Hwy 407, Costco and other major Stores. Main Floor comes with 9' feet Ceiling, Laminate Floors through out the House no Carpet in the House, Upgraded 8 Feet Tall Doors, formal Living area (Study) and separate Family Room. Family room comes with cozy Gas Fire Place . Beautiful Open concept Kitchen is having Stainless Steeles Appliances (never used),Quartz Counter Tops, Back-splash, Tall Cabinets, Centre Island. 2nd Floor Comes with Primary Bedroom with 6 pc Ensuite Bathroom with beautiful double sink stone top vanity, standing shower ,Tub and Walk-in Closet. Two other generous size Bedrooms with walk-in closet and additional 5pc bathroom with Double sink and stone top vanity and Tub. Second floor laundry room add additional Convenience to this property. Oak stair case and Entrance from the garage to the home. Spacious unfinished Basement.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
553 TED MARKS Drive, 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 $567/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 74 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oshawa have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.