582 Lakeview Avenue, Oshawa

Price: $618,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13870838

Opportunity knocks in south Oshawa! This 3-bedroom, 2-bathroom semi-detached home on Lakeview Ave is a legal duplex, so it works for investors, multi-generational families, or buyers who want rental income to help with the mortgage. The home sits on a pie-shaped lot that widens toward the back, giving you more outdoor space than you'd expect. There's room for gardening, entertaining, kids and pets to play, or future plans to add your own touch. The location makes it easy to enjoy the outdoors. You're a short walk to the lake, so mornings by the water, evening strolls, and weekend bike rides are part of everyday life. A nearby community centre adds convenient access to recreation, programs, and local events. Live in one unit and rent the other, rent out both, or reimagine the space to suit your vision. The potential here is endless. Don't miss your chance to get into this lakeside neighbourhood.

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active
New Listing
1/13

$618,900 - 582 Lakeview Avenue, Oshawa

Semi-Detached for Sale in Oshawa

New — Listed today

Neighbourhood: Lakeview

4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
E13870838
Property Type
Semi-Detached
Status
active
Days on Site
0
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Taxes (2026)
$4,406
Listing Brokerage
Royal LePage Frank Real Estate
Description

Opportunity knocks in south Oshawa! This 3-bedroom, 2-bathroom semi-detached home on Lakeview Ave is a legal duplex, so it works for investors, multi-generational families, or buyers who want rental income to help with the mortgage. The home sits on a pie-shaped lot that widens toward the back, giving you more outdoor space than you'd expect. There's room for gardening, entertaining, kids and pets to play, or future plans to add your own touch. The location makes it easy to enjoy the outdoors. You're a short walk to the lake, so mornings by the water, evening strolls, and weekend bike rides are part of everyday life. A nearby community centre adds convenient access to recreation, programs, and local events. Live in one unit and rent the other, rent out both, or reimagine the space to suit your vision. The potential here is endless. Don't miss your chance to get into this lakeside neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.28/mo

Includes CMHC insurance ($17,267)

$
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5%10%50%

5-yr fixed avg.

Principal: $557,010Interest: $378,306
Mortgage Amount$574,277
Total Interest$378,306
Est. Property Tax$438/mo
Total Cost$952,583

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

582 Lakeview Avenue, 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)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$2,633

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 $563/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 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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    582 Lakeview Avenue, Oshawa | $618,900 | Battaglia Team