1428 Outlet Drive, Oshawa

Price: $625,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13629068

Fully Renovated Detached Home Just a 5 Minute Walk to Oshawa Beach! Beautifully renovated detached home. Professionally updated on both levels, this property offers exceptional versatility for homeowners, investors, or multi generational families. A separate split entrance leads to the fully finished look out basement. Potential 3 bedrooms basement Apt can generate approximately $2000/month. * Basement is high ceilings, oversized windows, abundant natural light, and excellent cross ventilation. The main floor showcases two generously sized bedrooms, a bright and inviting living and dining area, a modern kitchen, an updated washroom, and a walkout to a large deck overlooking a private, fully fenced backyard. A separate rear entrance provides additional access to the main floor. Recent upgrades include new vanities,water proof laminate thruout, cooking range, 2 kitchen range hoods and dishwasher. Conveniently located close to Highway 401, highly rated public and Catholic schools, Costco, Walmart, Fresh-Co, Shoppers Drug Mart, parks, restaurants, public transit, and all essential amenities. Additional features include parking for 4 vehicles with a 1-car garage and 3 car driveway.

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active
New Listing
1/31

$625,000 - 1428 Outlet Drive, Oshawa

Detached for Sale in Oshawa

New — Listed 2 days ago

Neighbourhood: Lakeview

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13629068
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
HOMELIFE/CHAMPIONS REALTY INC.
Description

Fully Renovated Detached Home Just a 5 Minute Walk to Oshawa Beach! Beautifully renovated detached home. Professionally updated on both levels, this property offers exceptional versatility for homeowners, investors, or multi generational families. A separate split entrance leads to the fully finished look out basement. Potential 3 bedrooms basement Apt can generate approximately $2000/month. * Basement is high ceilings, oversized windows, abundant natural light, and excellent cross ventilation. The main floor showcases two generously sized bedrooms, a bright and inviting living and dining area, a modern kitchen, an updated washroom, and a walkout to a large deck overlooking a private, fully fenced backyard. A separate rear entrance provides additional access to the main floor. Recent upgrades include new vanities,water proof laminate thruout, cooking range, 2 kitchen range hoods and dishwasher. Conveniently located close to Highway 401, highly rated public and Catholic schools, Costco, Walmart, Fresh-Co, Shoppers Drug Mart, parks, restaurants, public transit, and all essential amenities. Additional features include parking for 4 vehicles with a 1-car garage and 3 car driveway.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.57/mo

Includes CMHC insurance ($17,438)

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5-yr fixed avg.

Principal: $562,500Interest: $382,035
Mortgage Amount$579,938
Total Interest$382,035
Est. Property Tax$443/mo
Total Cost$961,972

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: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • Major waterfront redevelopment underway
  • New parks, trails, and community amenities planned
  • Strong investment potential
  • Lake Ontario waterfront access
  • Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • Long Branch GO Station nearby
  • Future Hurontario LRT connection
  • MiWay bus routes
  • Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • Jim Tovey Lakeview Conservation Area (opening soon)
  • Lakefront Promenade Park
  • Marie Curtis Park (nearby)
  • Planned retail and restaurant district
  • Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

1428 Outlet Drive, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
5.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$3,027

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

Fair Market Value

At $893/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.

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.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.

About Lakeview

I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1428 Outlet Drive, Oshawa | $625,000 | Battaglia Team