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Listed 8 days ago

581 Arnhem Drive

O'Neill, Oshawa

$849,900

Detached|Backsplit 5
4 | 3 | 5
About this home

Welcome to a custom-built detached home proudly owned and lovingly maintained by the same original owner since 1969. This spacious 5-level backsplit offers 4 bedrooms and 3 bathrooms, providing plenty of room for family living and entertaining. Thoughtfully updated while retaining its original character, the home features new carpet on the upper level with hardwood flooring underneath, new LED lighting throughout, freshly painted interiors, recently replaced kitchen tiles, and an induction stove. Enjoy the peaceful setting backing onto a beautiful creek, complemented by a wrap-around balcony that offers a wonderful space to relax and enjoy the outdoors. The finished basement features a separate entrance, 3-piece bathroom, and rough-in for a kitchen, offering excellent flexibility and potential to create a self-contained 1-bedroom apartment, subject to applicable approvals. Ideally located close to schools, parks, shopping and everyday amenities, with convenient access to major highways. A rare opportunity to own a well-maintained, custom-built home with exceptional potential in a desirable setting.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,717
Lot Size60.21 ft x 105.06 ft
mls© NumberE13832588
Listed ByHOMELIFE SUPERSTARS REAL ESTATE LIMITED

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,350
Property tax
$476
Heat allowance
$150
Housing costs
$4,977 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $169,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$169,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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