855 Olive Avenue, Oshawa, ON
Property no longer active
This property was sold on January 4, 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 Donevan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $789,000 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
- Premium 49 x 105 ft lot size
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Versatile Legal 2-Unit Bungalow, Perfect For Multi-Generational Living Or Investment Opportunities. This Well-Designed Home Features Separate Entrances And Separate Hydro Meters, Ensuring Privacy And Convenience For Both Units, A Great Opportunity For Handy People As This Home Needs Some New Flooring, Doors Hung And Some Small Repairs. The Main Floor Offers A Bright And Spacious 3-Bedroom Unit, Complete With A 4-Piece Bathroom And Its Own Laundry Facilities. The Lower Level Features A 2-Bedroom Unit, Also With A 4-Piece Bathroom And Its Own Dedicated Laundry, Providing Comfort And Independence For Its Occupants. This Property Is An Ideal Choice For Extended Families, Savvy Investors, Or Those Seeking Additional Income Potential. With Its Thoughtful Layout And Practical Amenities, This Home Is Move-In Ready And Perfectly Suited To Meet Your Needs. Don't Miss This Fantastic Opportunity To Own A Legal 2-Unit Bungalow That Offers Both Flexibility And Value! Instant Potential Equity With Only A Small Amount Of Work!
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Property Summary
This detached home located at 855 Olive Avenue, Oshawa is currently for sale and has been available on SousaSells for 575 days. This property is listed at $789,000 with an estimated mortgage of $2,626* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 855 Olive Avenue, Oshawa is in the Donevan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Carpet Free, Separate Hydro Meter
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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 855 Olive Avenue, Oshawa, ON L1H 2S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $789,000 in Oshawa, the legal minimum down payment is $53,900 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 $12,255 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 $12,255.
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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.