529 Lancelot Crescent, Oshawa

Price: $549,900

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13464746

Nestled on a quiet crescent in a sought-after family neighbourhood, this charming semi-detached home offers the perfect blend of comfort, convenience, and privacy. Ideally located close to schools, parks, public transit, and everyday amenities, it's an excellent opportunity for families, first-time buyers, or those looking to downsize without compromise.The welcoming main floor features a bright and spacious living room that flows effortlessly into the dining area through elegant French doors. From here, step outside to a generous backyard backing onto green space, creating a peaceful setting for entertaining, relaxing, or enjoying time outdoors.Upstairs, you'll find three well-proportioned bedrooms, each offering large closets and oversized windows that fill the space with natural light. A full 4-piece bathroom completes the upper level.The finished basement provides valuable additional living space, along with a convenient 2-piece bathroom, ideal for a recreation room, home office, playroom, or guest retreat.

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$549,900 - 529 Lancelot Crescent, Oshawa

Semi-Detached for Sale in Oshawa

Neighbourhood: Eastdale

3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E13464746
Property Type
Semi-Detached
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
Royal LePage Our Neighbourhood Realty
Description

Nestled on a quiet crescent in a sought-after family neighbourhood, this charming semi-detached home offers the perfect blend of comfort, convenience, and privacy. Ideally located close to schools, parks, public transit, and everyday amenities, it's an excellent opportunity for families, first-time buyers, or those looking to downsize without compromise.The welcoming main floor features a bright and spacious living room that flows effortlessly into the dining area through elegant French doors. From here, step outside to a generous backyard backing onto green space, creating a peaceful setting for entertaining, relaxing, or enjoying time outdoors.Upstairs, you'll find three well-proportioned bedrooms, each offering large closets and oversized windows that fill the space with natural light. A full 4-piece bathroom completes the upper level.The finished basement provides valuable additional living space, along with a convenient 2-piece bathroom, ideal for a recreation room, home office, playroom, or guest retreat.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.27/mo

Includes CMHC insurance ($15,342)

$
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5%10%50%

5-yr fixed avg.

Principal: $494,910Interest: $336,129
Mortgage Amount$510,252
Total Interest$336,129
Est. Property Tax$390/mo
Total Cost$846,382

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: Eastdale

Discover Eastdale

Eastdale 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 Eastdale

  • 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

Eastdale 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

529 Lancelot Crescent, 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)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$2,295

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 $500/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.

Market Position

At 19 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.

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 Eastdale

I know Eastdale 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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    529 Lancelot Crescent, Oshawa | $549,900 | Battaglia Team