$414,900 - 730 Cedar Street Unit 3, Oshawa
Condo for Sale in Oshawa
Neighbourhood: Lakeview
- MLS Number
- E13459716
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oshawa
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- Island Heritage Realty Inc.
Rarely offered ravine lot, a standout feature seldom found in townhome living, backing onto a peaceful, treed setting that delivers both privacy and a natural backdrop. This 2 storey condo townhome offers 3 bedrooms and 1 bathroom, with a functional layout and generously sized principal rooms. Natural light fills the home through newer windows installed throughout. The eat in kitchen has been updated with modern countertops, a stylish backsplash, and a built in microwave, creating a practical and inviting space for everyday living. Pergo flooring runs through the kitchen and main hallway, providing durability and a cohesive finish. Upstairs, 3 spacious bedrooms are complemented by a full 4 piece bathroom, offering comfortable and efficient living space. The main living areas are spacious and well suited for both relaxing and entertaining. The private backyard overlooks the tranquil ravine, delivering a peaceful setting. Ideally located with quick access to Highway 401 and Go Train service that is currently under construction nearby, offering added convenience & present/future commuting benefits.
Estimate your monthly payments for this property
Estimated Payment
$2,128.65/mo
Includes CMHC insurance ($11,576)
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.
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
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.
730 Cedar Street Unit 3, Oshawa
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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
Competitive Pricing
At $415/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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 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.
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.