322 Jasper Avenue
Lakeview, Oshawa
$850,000
Bedrooms: 3
Bathrooms: 2
Living Area: 700 sqft
Price Per Sqft: $1,214.29
About this Detached
in Lakeview, Oshawa
Legal Duplex Registered with the City of Oshawa! Exceptional opportunity for investors or end users at 322 Jasper Ave, Oshawa. Ideal for OPG and GM employees. Live in one unit and offset your mortgage with rental income. Situated on a generous 6,393.76 sq ft lot, this legally registered 2-unit property also features an additional self-contained basement unit, offering excellent income potential and future flexibility. The upper unit is currently vacant and offers 3 bedrooms, making it ideal for an owner-occupier or investor. The basement unit was legalized in September 2023 and is currently rented at $1,850/month plus 40% of utilities and hydro. It includes 2 bedrooms, a 4-piece bathroom, a full kitchen with fridge, stove, and dishwasher, plus open-concept living space. With the basement legalized in September 2023, the property also benefits from no rent control. Exterior waterproofing around the foundation. Recent updates include new flooring, paint, blinds, and backsplash on the main floor completed in 2026, new washer and dryer on the main floor, and roof reshingled approximately two years ago. Outside, the property features a large private driveway with parking for up to 4 vehicles, a storage shed, and an expansive backyard with potential for a garden suite (buyer to do their own due diligence). Located in a desirable South Oshawa neighbourhood, you're just a short walk to Lakeview Park Beach, waterfront trails, parks, schools, and amenities. A rare chance to own a versatile income-producing property in a growing area.
Listed by RIGHT AT HOME REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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