$699,888

For sale

623 Olive Avenue, Oshawa (Donevan) - Single Family for Sale

623 Olive Avenue, Oshawa (Donevan), Ontario, L1H2R8

6 beds2 baths5 parking900 ft²45 × 111 ft (4,995 sq ft) lot sizeListed 80 days ago

Overview

This 6-bedroom, 2-bathroom home in Oshawa is for sale offering roughly 900 sq ft of space. Its $699,888 asking price sits right in line with the $725,000 median in Oshawa. It has been on the market 80 days, fresher than the Oshawa average of 108 days.

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Description

**Welcome to this beautifully renovated all-brick bungalow offering exceptional value, versatility, and modern living! Over **$60,000+** has been invested in recent renovations, transforming the main floor into a stylish, move-in-ready space. Enjoy a brand-new kitchen with new stainless steel appliances, an open-concept living and dining area, three spacious bedrooms, a beautifully renovated bathroom, updated flooring and finishes, and new window blinds throughout the home.The finished basement features a **separate entrance**, three additional bedrooms, a spacious recreation room, a 3-piece bathroom, and an existing kitchen (without a stove), offering excellent flexibility for extended family, guests, or multi-generational living (buyer to verify all intended uses).Additional improvements include previous basement updates, roof change and professional exterior foundation waterproofing with a new perimeter weeping tile drainage system, providing added peace of mind.Ideally located in a mature Oshawa neighborhood, this home is just minutes from schools, parks, shopping, restaurants, public transit, and Highway 401, making it an excellent choice for families and commuters alike.This is a rare opportunity to own a substantially updated home with outstanding space, flexibility, and long-term value. Just move in and enjoy! (id:66096)

Property Details

MLS®: E13687022
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 45 × 111 ft (4,995 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $4,552.74/yr

Rooms

Main level

Living room: 5.69 x 4.08 meters
Kitchen: 3.46 x 3.36 meters
Bedroom: 3.46 x 2.65 meters
Bedroom 2: 3.46 x 3.28 meters
Bathroom: 2.27 x 2.22 meters

Basement

Bathroom: 2.89 x 1.88 meters
Bedroom: 4.57 x 2.68 meters
Bedroom 2: 4.11 x 3 meters
Bedroom 3: 2.99 x 2.72 meters
Recreational, Games room: 5.19 x 5.05 meters

Features

Appliances: All, Washer, Dishwasher, Stove, Dryer, Water Heater, Two Refrigerators
Flooring: Tile, Laminate
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

80d

Oshawa (Donevan) listings, avg age

108d

Price / ft²

$778

List price

$700K

Homes here sell faster than most markets

Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Oshawa (Donevan) has been listed for 80 days, which is 28 days fresher than the city average of 108. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · DAVE ZAMANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1H)

This home lists at $699,888, about 9.5× the local median household income of $73,500.

Carrying it typically needs a household income of about $136,713 (20% down, 25-yr amortization, stress-tested) — roughly 86% above the area median.

Median household income: $73,500
Population: 32,298
Median age: 41.2
Owner / renter: 59% / 41%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L1H)

$699,888· $778/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,988.80

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$379/mo

Total monthly$4,010

Cash Needed to Close

Down payment (6.43%)$44,989

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,062

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