68 Overbank Drive, Oshawa

$699,000
68 Overbank Drive

$699,000

New
30d
DetachedBacksplit 4

68 Overbank Drive, Oshawa

Total Monthly Obligation $3,690

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
30d
Score
17
Yield
4.5%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-E13817594
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-41.24 × 125.64 ft
Listed on site-Sep 23, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$5,945.45 (2025)
Parking-3 - None
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-McLaughlin
Title-Residential Freehold

No agent assigned

Welcome to 68 Overbank Drive, a beautifully updated detached 4-level backsplit located in Oshawa's highly sought-after McLaughlin community. Ideally situated close to the Oshawa Golf Club, Lakeridge Health Oshawa, top-rated schools, shopping, transit, and everyday amenities. This move-in ready home offers 3 generously sized bedrooms and 2 renovated bathrooms, with fresh paint throughout creating a bright and inviting atmosphere. The main level features hardwood flooring, pot lights, and a stunning renovated kitchen complete with quartz countertops and backsplash, stainless steel appliances, a large centre island with built-in beverage fridge, and a walkout to your own private backyard oasis. Enjoy summer days entertaining family and friends with an in-ground heated pool, hot tub, and beautifully landscaped gardens. The spacious lower-level family room boasts a cozy gas fireplace, large above-grade windows that flood the space with natural light, and a renovated 3-piece bathroom, making it the perfect space to relax or host guests. A rare opportunity to own a thoughtfully updated home in one of Oshawa's most established and desirable neighbourhoods.

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%
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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,690/mo
Mortgage $2,820
Monthly Loss $2,948
Principal$742
Interest$2,078
Property Tax$495
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,680/yr
NOI
$18,067/yr
Net Cash Flow
-$1,314/mo
Cash Margin
-49.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 68 Overbank Drive

Time

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