1546 Lakemount Street, Oshawa

Price: $650,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13221074

Welcome to this bright sidesplit steps from Lake Ontario. This 3 Bedroom, 2 washroom home has a large fully fenced side yard. Finished lower level has a large rec room area. Close to schools, parks, public transportation & the waterfront trail.

1546 Lakemount Street - Detached photo 1 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 2 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 3 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 4 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 5 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 6 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 7 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 8 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 9 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 10 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 11 of 14 in Oshawa, Ontario
1546 Lakemount Street - Detached photo 12 of 14 in Oshawa, Ontario
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1546 Lakemount Street - Detached photo 14 of 14 in Oshawa, Ontario
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$650,000 - 1546 Lakemount Street, Oshawa

Detached for Sale in Oshawa

31 days on market

Neighbourhood: Lakeview

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13221074
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
Royal Heritage Realty Ltd.
Description

Welcome to this bright sidesplit steps from Lake Ontario. This 3 Bedroom, 2 washroom home has a large fully fenced side yard. Finished lower level has a large rec room area. Close to schools, parks, public transportation & the waterfront trail.

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Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

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5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

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

1546 Lakemount Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,205

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 $929/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.

Market Position

At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

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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    1546 Lakemount Street, Oshawa | $650,000 | Battaglia Team