1057 King Street E

Donevan Oshawa L1H 1H6

An exceptional and rare opportunity in Oshawa's Donevan neighborhood, This detached property offers the space, flexibility, and rental potential today's buyers are searching for. Set on a massive 66.8 x 168.7 ft lot, this home features 5 bedrooms, 3 bathrooms, 2 Kitchens & 2 Laundries with a functional layout ideal for families, multi-generational living, or investment purposes. This property offers fully finished basement with separate entrance + 2nd kitchen & a separate laundry, creating excellent potential to offset mortgage costs or accommodate extended family. The home has been thoughtfully updated with fresh paint throughout (2025), modern zebra blinds (2025), pot lights (2024), Tankless water heater *2024 (owned), upgraded washrooms, stainless steel appliances, central air conditioning and a 200-amp electrical panel upgrade. This property has no rental equipment (water heater, AC, furnace all owned). The oversized backyard offers endless possibilities for entertaining, expansion or future development (potential for building garden suite for additional cash flow), complemented by a detached workshop with electricity for added utility and value. Located close to transit, shopping, schools, and quick access to major highways-401/407, this property combines lifestyle convenience with strong rental demand. Opportunities with this lot size, layout, and versatility are increasingly rare in Oshawa-whether you're an investor, end-user, or buyer looking to maximize value, this is a property that delivers now and into the future.