$949,000 - 720 Ormond Drive, Oshawa
Detached for Sale in Oshawa
Popular Listing- MLS Number
- E13418576
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- Royal LePage Frank Real Estate
Great opportunity to own a very spacious house for you to enjoy and you can potentially bring your in-laws as well. Beautifully maintained and exceptionally clean 4-bedroom family home offering over 2,500 sq. ft. of finished living space above grade, plus an unfinished walk-out basement with sliding glass doors overlooking the yard with rough-in for a future washroom. Located in a desirable Oshawa neighbourhood, this spacious home reflects pride of ownership throughout.The main floor features separate living and dining rooms with hardwood flooring, a bright family room with hardwood flooring and a gas fireplace. There is an open-concept kitchen and breakfast area with a walkout to the large deck overlooking the backyard. Enjoy outdoor living with a covered entertaining area, hardtop shelter, and patio furniture included. Upstairs, you'll find four generous bedrooms, including a spacious primary suite with a 4-piece ensuite featuring a corner soaker tub. Hardwood flooring through the upper hallway and balcony area. Numerous improvements have been completed over the years, including major mechanical and exterior updates, kitchen enhancements, fresh paint, and ongoing maintenance including the furnace serviced, ducts cleaned and carpet cleaned. See attached document for a list. The convenient main-floor laundry room offers direct access to the garage. Ideally situated close to schools, parks, shopping, transit, and everyday amenities, this is a wonderful opportunity to own a spacious family home with excellent indoor and outdoor living space.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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.
720 Ormond Drive, Oshawa
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Rental income estimator & ROI calculator
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 $475/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.
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.
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 $3,954 (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.