317 Dwight Avenue, Oshawa

Price: $799,999

5 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13677440

Rental income, multi-generational living, or a smart investment-this beautifully upgraded legal duplex offers endless possibilities. Nestled on a quiet street in Oshawa's established Lakeview community, you're just a short walk to the lake, the Waterfront Trail, and Gold Point Wildlife Reserve Conservation Area, with schools, shopping, restaurants, transit, and every daily convenience just minutes away. Owner-occupied since 2001, this thoughtfully designed legal duplex backs on to Lake Vista Park and features two fully self-contained units, each with its own private entrance, separate hydro meter, and separate electrical panel. The bright upper unit offers three spacious bedrooms, a beautifully updated four-piece bathroom, a modern eat-in kitchen with quartz countertops and stainless steel appliances, an open-concept living area, plus a primary bedroom complete with a walk-in closet. The lower unit features two bedrooms, a full bathroom, an open-concept kitchen and living space, generous storage, and its own private entrance. Outside, enjoy an extra-long driveway with ample parking, a beautifully landscaped oversized lot, mature gardens, raised garden beds, and a garden shed, creating a peaceful outdoor retreat minutes from everyday conveniences. Extensively updated over the years, this home offers exceptional peace of mind with a new roof (2019), driveway (2019), updated windows and exterior doors (2015), conversion to forced-air gas heating with central air conditioning (2015), updated kitchens, renovated bathrooms, fresh paint throughout (2025), new lower-level flooring (2025), pot lights, upgraded lighting, and much more. Whether you're looking to offset your mortgage with rental income, accommodate multiple generations under one roof, or add a turnkey investment to your portfolio, this move-in ready legal duplex offers outstanding flexibility in one of Oshawa's most desirable lakeside neighbourhoods.

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$799,999 - 317 Dwight Avenue, Oshawa

Detached for Sale in Oshawa

Popular Listing

Neighbourhood: Lakeview

5Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13677440
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
5
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
Royal LePage Frank Real Estate
Description

Rental income, multi-generational living, or a smart investment-this beautifully upgraded legal duplex offers endless possibilities. Nestled on a quiet street in Oshawa's established Lakeview community, you're just a short walk to the lake, the Waterfront Trail, and Gold Point Wildlife Reserve Conservation Area, with schools, shopping, restaurants, transit, and every daily convenience just minutes away. Owner-occupied since 2001, this thoughtfully designed legal duplex backs on to Lake Vista Park and features two fully self-contained units, each with its own private entrance, separate hydro meter, and separate electrical panel. The bright upper unit offers three spacious bedrooms, a beautifully updated four-piece bathroom, a modern eat-in kitchen with quartz countertops and stainless steel appliances, an open-concept living area, plus a primary bedroom complete with a walk-in closet. The lower unit features two bedrooms, a full bathroom, an open-concept kitchen and living space, generous storage, and its own private entrance. Outside, enjoy an extra-long driveway with ample parking, a beautifully landscaped oversized lot, mature gardens, raised garden beds, and a garden shed, creating a peaceful outdoor retreat minutes from everyday conveniences. Extensively updated over the years, this home offers exceptional peace of mind with a new roof (2019), driveway (2019), updated windows and exterior doors (2015), conversion to forced-air gas heating with central air conditioning (2015), updated kitchens, renovated bathrooms, fresh paint throughout (2025), new lower-level flooring (2025), pot lights, upgraded lighting, and much more. Whether you're looking to offset your mortgage with rental income, accommodate multiple generations under one roof, or add a turnkey investment to your portfolio, this move-in ready legal duplex offers outstanding flexibility in one of Oshawa's most desirable lakeside neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,104.41/mo

Includes CMHC insurance ($22,320)

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5-yr fixed avg.

Principal: $719,999Interest: $489,004
Mortgage Amount$742,319
Total Interest$489,004
Est. Property Tax$567/mo
Total Cost$1,231,323

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

317 Dwight Avenue, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,966

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 $400/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.

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.

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 $3,333 (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.

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    317 Dwight Avenue, Oshawa | $799,999 | Battaglia Team