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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSE8222442
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Property Description
Welcome to 310 Ormond Dr. This charming duplex offers a unique opportunity for both investors and homeowners alike. With its convenient location, spacious layout, and attractive rental income, this duplex presents an excellent investment opportunity in the Durham real estate market. The property is designated as a duplex and consist of 2 self-contained units. Each unit features 2 spacious bedrooms, ensuite laundry, well laid out living spaces with large window for excellent light exposure, parking space, and large yard. Combine this with the convenience to highway, stores, parks and transit this property is not to be missed. Oshawa's real estate market continues to show promising growth, making this duplex an excellent investment opportunity. Whether you're a seasoned investor or a first-time buyer looking to build equity, this property offers long-term potential for capital appreciation.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2018-11-22 | 2019-01-04 | 44 | $1,400 | $1,400 | Leased |
| 2018-11-22 | 2018-12-18 | 27 | $1,500 | $1,500 | Leased |
Extras
Includes All Appliances As-Is (2 Stoves, 2 Fridges, Stacked Washer/Dryer, Washer & Dryer)
Nearby Intersections
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, Backsplit 3
Lot Size
35' x 91'
Fronting
East
Taxes
$4,363 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.86' x 21.33' | Double Sink, Window, Ceramic Floor |
| Living | Main | 9.84' x 20.01' | Hardwood Floor, Window |
| Dining | Main | 9.84' x 20.01' | Hardwood Floor, Window |
| Br | Main | 8.86' x 13.12' | Closet, Window |
| 2nd Br | Main | 7.55' x 10.50' | Closet, Window |
| Kitchen | Upper | 10.50' x 9.84' | Window, Hardwood Floor |
| Dining | Upper | 7.87' x 9.84' | Laminate, Window |
| Living | Upper | 19.36' x 15.09' | Laminate, Window |
| Br | Upper | 11.15' x 11.48' | Closet, Window, Laminate |
| Br | Upper | 8.20' x 11.48' | Closet, Window, Laminate |
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Oshawa Market Statistics
Oshawa Price Trend
310 Ormond Dr is a 2-bedroom 2-bathroom home listed for sale at $799,000, which is $77,274 (10.7%) higher than the average sold price of $721,726 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 2 bedroom home in Oshawa declined by $76,107 (9.5%) compared to the previous 30 day period (March 2 - March 31) and up $2,599 (0.4%) from the same time one year ago.Inventory Change
There were 43 2-bedroom homes listed in Oshawa over the last 30 days (April 1 - April 30), which is up 13.2% compared with the previous 30 day period (March 2 - March 31) and up 38.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Oshawa typically sold $61,038 (8.5%) above asking price over the last 30 days (April 1 - April 30), which represents a $6,017 increase compared to the previous 30 day period (March 2 - March 31) and $60,531 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Oshawa over the last 30 days (April 1 - April 30) stood at 120.9%, up from 63.2% over the previous 30 days (March 2 - March 31) and up from 93.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Oshawa stood at 12 days when successfully sold over the last 30 days (April 1 - April 30), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Referred Urban Realty
Similar Listings
Explore this fully renovated home in the desirable Lakeview area, featuring a legal basementsuite, ideal for investors or homeowners looking to offset mortgage costs. Both units are rented,providing immediate income. Each unit boasts its own entrance, laundry, and electrical meter,ensuring privacy, convenience, and ease of management. The high-standard renovations appeal to discerning tenants, making this property not just a homebut a viable income source. Located in a prime area, it combines comfort with financialpotential, perfect for those aiming to invest smartly or live economically.
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