$670,000 - 81 Wellington Avenue, Oshawa
Detached for Sale in Oshawa
Neighbourhood: Lakeview
- MLS Number
- E13432302
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- RE/MAX Jazz INC.
A Rare 3+2 Bedroom Legal Duplex *** City-Registered 2 Unit Dwelling*** Newly Updated Features, Upper 3 Bedroom & Lower 2 Bedroom + Office, With Private Opposite Entrances Giving Single-Family Home Experience To Both Units. Quiet, Family-Friendly Neighborhood & Street, Close to Lakeview Park, Waterfront & Hwy 401. Vacant & Move-in Ready From Day One. Bright 3 Bedroom Upper Unit With Spacious Eat-in Kitchen, Large Windows With Plenty of Natural Light, Custom Living Room Feature Wall, In-Suite Laundry. Lower Unit Masterfully Redesigned in 2017 Provides Functional Living to Every Inch of Space - 2 Bedroom + Den/Office/Gaming Room, Open-Concept Kitchen, Breakfast Bar, Cold Room, Pantry, Coat Closet, In-Suite Laundry, Enclosed Storage Space & More! Both Bedrooms & Living Room Enjoy 2 Windows Each - Providing Tons of Natural Light. Large Fully-Fenced Backyard With Deck and Patio Giving Cottage Vibes, Perfect For Relaxing & Entertaining Guests! Large Detached Garage/Shed Adds Endless Options for Hobbies, Workshop, Storage, Private Hangout Space. Huge Driveway With Parking for 5 Vehicles Makes Multi-Unit Living Easy. Key Updates: Legal 2-Unit Certificate (2018), Roof (2020), Furnace (2017), Central A/C (2026), Interior Waterproofing (2017), Basement Spray-foam Insulation (2017), Backwater Valve (2018), ESA (2018) Provide Peace of Mind for Years to Come. Close To Schools, Shopping, Grocery Stores, Recreation, Nature Trails, Lakefront, Parks & The Beach - Lakeview Park, Ed Broadbent Waterfront Park, Southmead Park. Easy Access for Commuters to GO Transit & Hwy 401. Strong Income Potential: Upper ($2,250/mo) & Lower ($1,750/mo). Whether You're an Investor, House Hacker, or Multigenerational Family, This Property Delivers Versatility, Privacy & Exceptional Functionality. Live in One Unit and Let Tenants in Other Unit Pay Down Your Mortgage. Authorization Available to Market & Secure Tenant(s) Prior to Closing.
Estimate your monthly payments for this property
Estimated Payment
$3,437.45/mo
Includes CMHC insurance ($18,693)
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.
81 Wellington Avenue, Oshawa
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $957/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 25 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.
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.