$740,000 - 522 Rosmere Street, Oshawa
Detached for Sale in Oshawa
Neighbourhood: McLaughlin
- MLS Number
- E13450382
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to this beautifully updated bungalow nestled on a premium 70 ft wide lot in Oshawa's desirable McLaughlin neighbourhood. Beautiful, open space featuring a modern custom, farmhouse style kitchen complete with a large 7 foot island, quartz counters, a custom hood vent & gas stove, custom blinds. Vaulted ceilings, pot lights, larger windows, engineered modern flooring with an open concept add to space. The attention to detail is unmistakable, & many improvements done in recent years. This is almost 1100 sq ft of bungalow main floor, formerly a 3 bedroom home floor space, with additional sq footage in the basement. Look out from your kitchen window into a treed, landscaped yard, complete with a gazebo, deck, fire table and more... this is a beautiful green canopy with dedicated entertaining spaces. The perennial plants are a gardener's delight! The separate entrance to the basement leads to a generous family room, with a Napoleon gas fireplace with remote, a pretty bathroom (3 pcs), and another separate room with a window that can be a bedroom. Also, an accessory dwelling unit (ADU) potential may exist, subject to compliance with the accessory building provisions in Zoning By-law 60-94. Outdoor patio furniture included., see full list of inclusions. Windows widened to add lots of natural light, some, 2020; windows most 2019/2020, Vaulted ceilings/potlights, kitchen, flooring, doors, 2019. Roof previously updated 2016, AC/Furnace 2017.
Estimate your monthly payments for this property
Estimated Payment
$3,796.58/mo
Includes CMHC insurance ($20,646)
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 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
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.
522 Rosmere Street, 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
Fair Market Value
At $1057/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 21 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.
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.
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 $3,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.