340 Pine Avenue, Oshawa, ON

$425,000
MLS#:E11926096
2 beds
1 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on January 20, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Vanier. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $425,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 30 x 103.42 ft lot size
  • Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Built-In Oven, Water Heater Owned, Primary Bedroom - Main Floor
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Welcome to 340 Pine Ave., a 2-bedroom, 1-bathroom home nestled in the heart of Oshawa. An ideal choice for first-time homebuyers or the savvy investor. Situated on a generous 30' x 103.42' lot, this home features a spacious backyard that's perfect for outdoor entertaining, gardening, or simply enjoying the fresh air. The private driveway and detached garage provide ample parking for up to 4 vehicles, for family, guests, or future tenants. The garage also offers potential for additional storage or a versatile workspace, catering to a variety of needs. Inside, you'll find a cozy living space with a partially finished basement that includes a separate entrance, perfect for potential rental income or creating additional living space. With its R3-A/R5-A zoning, this property holds exciting potential for a multi-family development, making it a smart investment for those looking to grow their portfolio. Located just minutes away from Hwy 2, Hwy 401, and the GO Train, commuting is a breeze, while nearby restaurants and shopping hubs like Walmart, Canadian Tire, Costco and Oshawa Centre Mall ensure you're always close to essential amenities. Don't miss out on this fantastic opportunity to own a home with tremendous potential in a prime location. Whether you're looking for a comfortable starter home or an investment property, 340 Pine Ave. is ready to welcome you.

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Property Summary

This detached home located at 340 Pine Avenue, Oshawa is currently for sale and has been available on SousaSells for 547 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 340 Pine Avenue, Oshawa is in the Vanier neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 20, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementSeparate Entrance, Unfinished
Lot Size30 × 103.42 Feet
CountyDurham
Annual Tax$3,006.66
Legal DescriptionLT 49 PL 178 EAST WHITBY; OSHAWA

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Built-In Oven, Water Heater Owned, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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340 Pine 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 340 Pine Avenue, Oshawa, ON L1J 2H4

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$127,500 (30.0%)
* Minimum Canadian down payment required for this price is $21,250.
Amortization Period30 Years
Estimated Monthly Payment$1,415Based on a loan of $297,500 over 30 years.
Purchase Price$425,000
Loan Amount$297,500
Provincial Land Transfer Tax:$4,975
Total Estimated Closing Taxes:$4,975

About Purchasing a Home in Oshawa, ON

For a property listed at $425,000 in Oshawa, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.

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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$707,928

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.