700 Harmony Road Unit 42, Oshawa

Price: $539,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13028952

Spacious 3 bedroom, 3 bathroom end unit, family home features a finished walkout basement & brand new flooring (2025) on the main and upper levels. Formal dining room with a walkout to a sun-soaked deck! Perfectly located with transit at your doorstep, within walking distance to schools and parks, and offering easy 401/407 access. Relax on the charming large front porch in a quiet, tucked-away location that's close to everything yet away from the hustle.

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$539,900 - 700 Harmony Road Unit 42, Oshawa

Condo for Sale in Oshawa

52 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13028952
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE FRANK REAL ESTATE
Description

Spacious 3 bedroom, 3 bathroom end unit, family home features a finished walkout basement & brand new flooring (2025) on the main and upper levels. Formal dining room with a walkout to a sun-soaked deck! Perfectly located with transit at your doorstep, within walking distance to schools and parks, and offering easy 401/407 access. Relax on the charming large front porch in a quiet, tucked-away location that's close to everything yet away from the hustle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

$
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5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

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

700 Harmony Road Unit 42, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,646

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 $450/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 52 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# E13028952 — 700 Harmony Road Unit 42, Oshawa | Battaglia Team