6-Bed Bungalow with In-Law Suite Near 401

Property details for 346 Lorindale Drive, Oshawa

Type: Residential
Style: Bungalow
Bedrooms: 6
Bathrooms: 2
Lot Size: 45 x 111 FT
Stories: 1
Basement: Separate entrance, N/A
Parking: Garage, Carport
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,650

This 6-bed, 2-bath bungalow on a 45x111 ft lot is all about flexibility. Main floor has 3 bedrooms, hardwood floors, and a bright eat-in kitchen with quartz counters and stainless steel appliances. Finished basement is basically a separate apartment-it's got its own kitchen and 3 more bedrooms, plus a separate entrance. Perfect for extended family or rental income. The yard is mature and private, with a big storage shed and an interlocking patio off the side. There's a carport and garage for up to 3 cars. Located in a quiet residential pocket of Oshawa, you're about 5 minutes to Hwy 401 and 10 minutes to downtown amenities like the GM Centre and Oshawa Public Library. Priced at $725,000, it sits close to the local median of $712,444 but recent sales have hit $802,500, so there's potential equity here. Taxes run around $4,650 annually. Place needs a bit of updating in spots, but the bones are solid-brick exterior, central air, gas heat. If you need space for a big family or want a mortgage helper, this is a smart play.

About 346 Lorindale Drive, Oshawa — Property Score

Prime Location Well Priced

Score: 68/100

Value

Priced 22.8% below area median of $938,944 based on 76 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 2 more than similarly priced 4-bedroom homes nearby 84

2 bathrooms - typical for similarly priced properties 60

4,995 sqft lot - a standard lot for the area 65

Location

$87K median household income - above the Canadian average of $70K 74

83% of residents hold postsecondary credentials - a highly educated neighbourhood 91

93% homeownership rate - indicating a stable, owner-occupied community 95

75% of residents commute under 30 minutes - excellent commuter accessibility 90

2,382/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 42 days on market 100

-99.5% median price change over 1 month - declining prices in the area 1

24 months of housing supply - 456 active listings with 19 sold last month (buyer's market) 40

Features

3-car garage - area average is 4.7 spots 80

Separate entrance, N/A basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.64% effective tax rate ($4,650/yr) - below the Canadian average of ~1% 81

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

36 photos provided - 3% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.