324 College Avenue, Oshawa, ON

$675,000
MLS#:E8469668
5 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of Vanier. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 40 x 123 ft lot
  • Features a separate entrance, apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Storage, Separate Hydro Meter, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Legal Duplex in a family friendly area of Oshawa. Renovated (2013)Solid Brick, 3+1 +DEN Bd Bungalow Minutes To 401, Shopping & Public Transit. This well maintained bungalow on a huge corner lot offers potential for additional units. Electrical Panel Updated March 2013 with separately metered hydro, in suite laundry in both units, private entrance, Large Shed & Parking For 4 Cars. 24hr notice required. 48hr irrevocable on offers.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 7, 2024
Sold price information is available to members only
Listed Date6/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Apartment
Lot Size40 × 123 Feet
CountyDurham
Annual Tax$4,252.28
Legal DescriptionLT 139 PL 296 EAST WHITBY CITY OF OSHAWA

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage, Separate Hydro Meter, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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324 College Avenue, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 324 College Avenue, Oshawa, ON L1J 1S1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.

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Interest Rate5.25%
Down Payment$42,500 (6.3%)
* Minimum Canadian down payment required for this price is $42,500.
Amortization Period25 Years
Estimated Monthly Payment$3,769Based on a loan of $632,500 over 25 years.
Purchase Price$675,000
Loan Amount$632,500
Provincial Land Transfer Tax:$9,975
Total Estimated Closing Taxes:$9,975

About Purchasing a Home in Oshawa, ON

For a property listed at $675,000 in Oshawa, the legal minimum down payment is $42,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,975 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,975.

Nearby Listings

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No current listings found in Oshawa.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Vanier, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$708,431

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

St Thomas Aquinas
Public400 Pacific Avenue, Oshawa, Ontario, L1J 1V9
4.4
Corpus-Christi
Public362 Hillside Avenue, Oshawa, Ontario, L1J 6L7
5.7
Waverly
Public100 Waverly Street South, Oshawa, Ontario, L1J 5V1
4.7
Village Union
Public155 Gibb Street, Oshawa, Ontario, L1J 1Y4
3.8
College Hill
Public530 Laval Street, Oshawa, Ontario, L1J 6R2
4.0

Secondary Schools

O’Neill
Public301 Simcoe Street North, Oshawa, Ontario, L1G 4T2
5.7
R. S. McLaughlin
Public570 Stevenson Road North, Oshawa, Ontario, L1J 5P1
6.4

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.