$675,000 - 614 Lansdowne Drive, Oshawa
Multi-Family for Sale in Oshawa
New — Listed 2 days ago- MLS Number
- E13450166
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- Ball Real Estate Inc.
Premium Deep Lot with Dual-Unit Potential. An incredible opportunity knocks in the highly desirable Eastdale community! Held by the same meticulous owner since 1978, this solid, well-maintained bungalow offers an expansive 237-foot-deep lot, a massive slice of country-sized green space right in the heart of city living. Whether you are an investor looking for a high yield property, or a family seeking an ideal multi-generational setup this versatile layout with 2 separate hydro meters and 2 kitchens is ready to deliver. Main floor layout, a bright open concept combined living and dining area perfect for family gatherings. Two spacious bedrooms, the primary bedroom features a generous double closet, while the second bedroom boasts two separate closets for exceptional storage. An attached 1car garage plus an expansive driveway with ample parking space easily accommodating vehicles for both units. Bright & airy lower unit featuring separate entrances. Ultimate flexibility with two distinct entry points, either walk out through the back directly from the kitchen or use the convenient side door staircase entrance. Basement suite features a large third bedroom equipped with a double closet. Oversized windows, unlike typical basements, this space is flooded with natural light from massive windows that overlook the stunning, deep backyard oasis. Updates: Shingles replaced (2017), garage door (2020), and an owned 40-gallon Hot water Tank (2025). Shared laundry zone located in the furnace room. Gas is available right on the street for an easy future hookup. Investor & Multi-Generational alert, opportunities to own a premium deep lot with dual income infrastructure in the Eastdale community. Don't miss out on this timeless property!
Estimate your monthly payments for this property
Estimated Payment
$3,463.10/mo
Includes CMHC insurance ($18,833)
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.
614 Lansdowne 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
Fair Market Value
At $964/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Oshawa's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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.
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 $2,813 (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.