1057 King Street E
Donevan, Oshawa
$699,999
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $636.36
About this Detached
in Donevan, Oshawa
An exceptional and rare opportunity in Oshawa's Donevan neighborhood, This detached property offers the space, flexibility, and income potential today's buyers are searching for. Set on a massive 68.2 x 168.7 ft lot, this home features 5 bedrooms, 3 bathrooms, 2 Kitchens & 2 Laundries with a functional layout ideal for families, multi-generational living, or investment purposes. This property offers fully finished basement with separate entrance +2nd kitchen & a separate laundry, creating excellent potential to offset mortgage costs or accommodate extended family. The home has been thoughtfully updated with fresh paint throughout (2025), modern zebra blinds (2025), pot lights (2024), Tankless water heater *2024 (owned), upgraded washrooms, stainless steel appliances, central air conditioning and a 200-amp electrical panel upgrade.** This property has no rental equipment (water heater, AC, furnace all owned). The oversized backyard offers endless possibilities for entertaining, expansion or future development (potential for building garden suite for extra income), complemented by a detached workshop with electricity for added utility and value. Located close to transit, shopping, schools, and quick access to major highways-401/407, this property combines lifestyle convenience with strong rental demand. Opportunities with this lot size, layout, and versatility are increasingly rare in Oshawa-whether you're an investor, end-user, or buyer looking to maximize value, this is a property that delivers now and into the future.
Listed by ROYAL CANADIAN REALTY.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| 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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