581 Arnhem Drive, Oshawa

Price: $849,900

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13832588

Lovingly maintained by its original owners, this custom-built detached home offers a rare combination of space, comfort, character, and natural beauty. Set against the peaceful backdrop of a beautiful creek, this spacious 5-level backsplit provides an inviting layout with room for the whole family and exceptional potential for the future.The generous living room features a walkout to the deck, offering a wonderful place to relax, entertain, and enjoy the tranquil creek views. The second level offers 4 spacious bedrooms with new carpeting and hardwood flooring underneath. The entire home has been freshly painted, creating a bright and welcoming atmosphere, while the kitchen has been updated with new tile flooring and a modern induction stove.The finished lower level offers exceptional versatility, featuring a separate entrance, 3-piece bathroom, rough-in for a kitchen, a large recreation area with a gas fireplace, and a spacious bedroom with a large window. This flexible space presents excellent potential for a self-contained one-bedroom apartment, subject to applicable approvals, making it ideal for extended family, guests, or future rental possibilities. Enjoy the outdoors from the wrap-around balcony and deck, both offering peaceful spaces to take in the beautiful creek setting. The surrounding greenery creates a serene atmosphere and a wonderful sense of privacy. Ideally situated close to schools, parks, shopping, everyday amenities, and major highways, this home offers the perfect balance of peaceful surroundings and everyday convenience .Additional details include a rental hot water tank at approximately $24/month and a brand-new rental furnace at approximately $164/month. A rare opportunity to own a spacious and thoughtfully maintained custom-built home that has been cherished by the same original owners for years, offering a wonderful place to call home today and tremendous potential for tomorrow.

581 Arnhem Drive - Detached photo 1 of 21 in Oshawa, Ontario
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$849,900 - 581 Arnhem Drive, Oshawa

Detached for Sale in Oshawa

Popular Listing

Neighbourhood: O'Neill

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E13832588
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Taxes (2025)
$5,717
Listing Brokerage
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Description

Lovingly maintained by its original owners, this custom-built detached home offers a rare combination of space, comfort, character, and natural beauty. Set against the peaceful backdrop of a beautiful creek, this spacious 5-level backsplit provides an inviting layout with room for the whole family and exceptional potential for the future.The generous living room features a walkout to the deck, offering a wonderful place to relax, entertain, and enjoy the tranquil creek views. The second level offers 4 spacious bedrooms with new carpeting and hardwood flooring underneath. The entire home has been freshly painted, creating a bright and welcoming atmosphere, while the kitchen has been updated with new tile flooring and a modern induction stove.The finished lower level offers exceptional versatility, featuring a separate entrance, 3-piece bathroom, rough-in for a kitchen, a large recreation area with a gas fireplace, and a spacious bedroom with a large window. This flexible space presents excellent potential for a self-contained one-bedroom apartment, subject to applicable approvals, making it ideal for extended family, guests, or future rental possibilities. Enjoy the outdoors from the wrap-around balcony and deck, both offering peaceful spaces to take in the beautiful creek setting. The surrounding greenery creates a serene atmosphere and a wonderful sense of privacy. Ideally situated close to schools, parks, shopping, everyday amenities, and major highways, this home offers the perfect balance of peaceful surroundings and everyday convenience .Additional details include a rental hot water tank at approximately $24/month and a brand-new rental furnace at approximately $164/month. A rare opportunity to own a spacious and thoughtfully maintained custom-built home that has been cherished by the same original owners for years, offering a wonderful place to call home today and tremendous potential for tomorrow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

$
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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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: O'Neill

Discover O'Neill

O'Neill 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 O'Neill

  • •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

O'Neill 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

581 Arnhem 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,421

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 $773/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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About O'Neill

I know O'Neill 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    581 Arnhem Drive, Oshawa | $849,900 | Battaglia Team