Opportunity knocks in Lakeview, Oshawa. This 4-bedroom detached home is a true fixer-upper with endless potential for renovators, investors, or buyers looking to create their dream home in a highly sought-after lakeside community. This home offers a solid footprint and a functional layout ready for transformation. With four well-sized bedrooms, there's plenty of space for a growing family or home offices. Located just minutes from Lake Ontario, waterfront trails, parks, schools, and convenient access to transit and Highway 401, this Lakeview location continues to see strong demand and revitalization. Whether you're planning a full renovation, a flip, or a long-term hold, this is a chance to invest in one of Oshawa's most desirable neighbourhoods. Bring your vision and unlock the potential. Photos are virtually staged.
4 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $591 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 662 Balsam Cres
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
662 Balsam Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13218522$650,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 662 Balsam Cres Compares to the Oshawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,193
/mo
based on the purchase price of $650,000
$130,000 cash
$520,000 financed
$437,976 total interest
Principal54%$520,000
Interest46%$437,976
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Oshawa
Other 3–4 bed homes for sale in Oshawa around $650K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio99.2%On average, homes sold below asking.
Active listings760Homes for sale here right now.
Median vs prior 90 days−4.0%Compared with May 12 – Aug 10, 2026: prices down.
Based on 664 sales from Aug 10 – Nov 8, 2026 (546 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
662 Balsam Cres is listed at $650,000 (MLS® E13218522). Summitly updates the price as soon as the MLS® record changes.
Is $650,000 a good price for 662 Balsam Cres?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Oshawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 662 Balsam Cres changed?
No — 662 Balsam Cres is still listed at its original asking price of $650,000.
How many bedrooms and bathrooms does 662 Balsam Cres have?
662 Balsam Cres has 4 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Oshawa.
Is 662 Balsam Cres close to transit?
The nearest rapid-transit station is Oshawa GO Station (Lakeshore East GO), about 3.3 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 662 Balsam Cres?
About $3,193 a month — principal and interest on $650,000 with 20% down ($130,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 662 Balsam Cres compare with other homes in Oshawa?
Its asking price of $650,000 is about the same as the median sold price in Oshawa over the last 90 days, $652,000, across 664 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 662 Balsam Cres been sold before?
Summitly has no earlier MLS® sale or lease of 662 Balsam Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 662 Balsam Cres?
662 Balsam Cres is in Oshawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 662 Balsam Cres been on the market?
162 days — 662 Balsam Cres was listed on May 30, 2026.
What is the price per square foot of 662 Balsam Cres?
About $433 to $591 per square foot: the asking price of $650,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 662 Balsam Cres have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
