26 Whiting Ave

Oshawa | Lakeview | L1H 3T3
  • 3 + 2
  • 4
  • 0

$2,500,000

Est. Mtg $8,477 /mo
  • Days on market

    53

  • Status

    New

Listing Broker RE/MAX EPIC REALTY
Since listed: 3 views

Home details

MLS #:

E9258458

Property type:
Detached
Style:
2-Storey
Taxes:
$5,037
Possession:
TBA
Lot Front:
117.94   Feet
Lot Depth:
201.49   Feet
Basement:
Apartment |
Driveway Pkg:
4
Heat:
Gas | Forced Air

Description


26 Whiting Ave, , Oshawa, Ontario is a Detached property in Oshawa and in the Lakeview community in the L1H 3T3 postal code


Attention Builders, Developers, and Investors! This prime development site in Oshawa is zoned R3-A/R5-B (Residential, allowing for the construction of a 25-unit apartment building. Situated in a neighborhood with high rental rates and no rent control on new constructions, this location offers a lucrative opportunity for long-term investment. The property is surrounded by multi-residential apartments, ensuring strong demand for new units. Current rental income of $5,500 per month helps to mitigate carrying costs while the project progresses through the approval stages. The City of Oshawa is already aware of the project, facilitating a smoother approval process. Take advantage of this exceptional opportunity to secure substantial returns on your investment..

Extras

Existing Appliances In All 3 Units ( 3 Fridges, 3 Stoves) Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings.


History

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List Date End Date List Price End Price Status MLS #
2022-02 2022-02 $1,500,000 $1,500,000 Sld E5501225
2022-05 2022-06 $1,700 $1,700 Ter E5628197
2022-05 2022-06 $1,850 $1,850 Lsd E5639987
2022-06 2022-07 $1,550 $1,550 Ter E5643932
2022-11 2023-01 $2,800 $2,495 Ter E5838722
2022-12 2023-01 $1,550 $1,195 Ter E5841215
2022-12 2023-01 $1,850 $1,395 Ter E5856457
2023-02 2023-04 $2,499,999 $2,499,999 Ter E5914955
2023-04 2023-08 $2,499,999 $2,499,999 Exp E6031789
2023-07 2023-10 $2,850 $2,850 Exp E6657292
2023-11 2023-12 $2,300 $2,500 Ter E7307674
2024-05 2024-06 $1,750 $1,750 Ter E8367480
2024-06 2024-07 $1,575 $1,575 Lsd E8425536
2024-08 2024-09 $2,500,000 $2,500,000 New E9258458
2023-08 $2,499,999 $2,499,999 E6031799
2023-04 $2,499,999 $2,499,999 E5924405

Comparables

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sold Date Address List Price sold Price DOM
2024-10 290 Chaleur Ave, $549,900 $650,000 9
2024-09 1326 Meredith Ave, $1,199,000 $1,160,000 25
2024-09 436 Chaleur Ave, $549,900 $648,000 7
2024-09 578 Byngmount Ave, $2,295,000 $2,325,000 4
2024-08 891 Glen St, $999,000 $960,000 1
2024-08 1039 Greaves Ave, $1,599,000 $1,600,000 4
2024-07 1507 Oxford St, $778,000 $760,000 18
2024-06 220 Bloor St W, $499,900 $475,000 6
2024-05 629 Oxford St, $599,900 $620,000 4
2024-03 1274 Myron Dr, $1,199,000 $1,365,000 2
2024-02 841 Renaissance Dr, $789,000 $800,000 23
2023-12 1412 Simcoe St S, $599,999 $570,000 14
2023-12 2062 Russett Rd, $1,649,900 $1,463,000 17
2023-11 319 Phillip Murray Ave, $649,999 $635,000 36
2023-11 1192 Venus Cres, $725,000 $705,000 16

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Oshawa :

Properties sold

151

Average sale price

$929,638

New Listings

354

Year on Year Growth

-1.20%

Municipality activity All Property Types

Sale activity

Oshawa :

Average sale price

$854,822

Properties sold

228

New Listings

507

Days on Market

11

Sale $ / List $

110%

Year on Year Growth

-2.96%


Sale Chart - Detached

Oshawa Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 26 Whiting Ave

Based on available 3rd party data

$9031

Approximate costs per month

Mortgage
$8477 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$419 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Grnbelt/Conserv
  • Level
  • Public Transit
  • Ravine
  • River/Stream
  • Wooded/Treed
Listing Broker RE/MAX EPIC REALTY
Data Source: TRREB

Payment calculator

$8896 monthly. In association with: TD Bank
%
  • Principal and Interest
    8477 /mo
  • Property Taxes
    $419 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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