422 Lanark Drive, Oshawa

Price: $500,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13489414

Welcome To 422 Lanark Drive! This Beautifully Updated 1,424 Sq. Ft. Home, Complete With A Finished Basement, Is Perfect For First-Time Buyers And Growing Families Alike. Featuring A Rare 4-Bedroom Layout, This Home Offers A Spacious 5-Piece Bathroom On The Upper Level And A Convenient 2-Piece Powder Room On The Main Floor. The Bright And Functional Main Floor Includes A Full-Sized Eat-In Kitchen, Separate Dining Area, And A Welcoming Living Room With A Walkout To A Newly Installed Deck-Ideal For Entertaining Family And Friends.Move-In Ready And Updated From Top To Bottom, The Home Boasts Fresh Paint Throughout And Mostly Newer Flooring, Providing A Modern And Inviting Atmosphere. Additional Features Include An Attached Single-Car Garage And A Double Driveway, Offering Ample Parking For Multiple Vehicles. Ideally Located Close To Excellent Schools, Public Transit, Shopping, And Everyday Amenities, It Offers Quick Access To Both Highway 401 And Highway 407 For An Easy Commute. Priced To Sell-Don't Miss This Fantastic Opportunity To Make 422 Lanark Drive Your New Home!

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New Listing
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$500,000 - 422 Lanark Drive, Oshawa

Semi-Detached for Sale in Oshawa

New — Listed 7 days ago

Neighbourhood: McLaughlin

4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E13489414
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
DAN PLOWMAN TEAM REALTY INC.
Description

Welcome To 422 Lanark Drive! This Beautifully Updated 1,424 Sq. Ft. Home, Complete With A Finished Basement, Is Perfect For First-Time Buyers And Growing Families Alike. Featuring A Rare 4-Bedroom Layout, This Home Offers A Spacious 5-Piece Bathroom On The Upper Level And A Convenient 2-Piece Powder Room On The Main Floor. The Bright And Functional Main Floor Includes A Full-Sized Eat-In Kitchen, Separate Dining Area, And A Welcoming Living Room With A Walkout To A Newly Installed Deck-Ideal For Entertaining Family And Friends.Move-In Ready And Updated From Top To Bottom, The Home Boasts Fresh Paint Throughout And Mostly Newer Flooring, Providing A Modern And Inviting Atmosphere. Additional Features Include An Attached Single-Car Garage And A Double Driveway, Offering Ample Parking For Multiple Vehicles. Ideally Located Close To Excellent Schools, Public Transit, Shopping, And Everyday Amenities, It Offers Quick Access To Both Highway 401 And Highway 407 For An Easy Commute. Priced To Sell-Don't Miss This Fantastic Opportunity To Make 422 Lanark Drive Your New Home!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

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: McLaughlin

Discover McLaughlin

McLaughlin 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 McLaughlin

  • 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

McLaughlin 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

422 Lanark Drive, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
6.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,742

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 $455/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.

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.

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.

About McLaughlin

I know McLaughlin 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.

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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    422 Lanark Drive, Oshawa | $500,000 | Battaglia Team