623 Olive Avenue, Oshawa, ON

$588,888
MLS#:E13498838
6 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
Loading property media...

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 $588,888 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 45 x 111.04 ft lot
  • Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available
  • Notable attributes: Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

**Welcome to this beautifully renovated all-brick bungalow offering exceptional value, versatility, and modern living! Over *$100,000.0 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!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementApartment, Separate Entrance, Finished
Lot Size45 × 111.04 Feet
CountyDurham
Annual Tax$4,552.74
Legal DescriptionLT 117 PL 560 OSHAWA; CITY OF OSHAWA

Parking & Garage

Parking Spaces5.0
Garage Spaces5
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Fenced Yard, Hospital, Library, Park, Place Of Worship

Interior Features

Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, Water Heater

Security Features

Smoke Detector

Community Features

Location

Initializing map...
623 Olive Avenue, Oshawa, ON
Loading local market trends...

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 623 Olive Avenue, Oshawa, ON L1H 2R8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$33,889 (5.8%)
* Minimum Canadian down payment required for this price is $33,889.
Amortization Period25 Years
Estimated Monthly Payment$3,307Based on a loan of $554,999 over 25 years.
Purchase Price$588,888
Loan Amount$554,999
Provincial Land Transfer Tax:$8,253
Total Estimated Closing Taxes:$8,253

About Purchasing a Home in Oshawa, ON

For a property listed at $588,888 in Oshawa, the legal minimum down payment is $33,889 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 $8,253 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 $8,253.

Nearby Listings

Distance:

No current listings found in Oshawa.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$732,728

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

Forest View
Public285 Grandview Street South, Oshawa, Ontario, L1H 7C6
5.8
John XXIII
Public195 Athabasca Street, Oshawa, Ontario, L1H 7J2
6.9
Clara Hughes
Public610 Taylor Avenue, Oshawa, Ontario, L1H 2E7
4.2
David Bouchard
Public460 Sedan Crescent, Oshawa, Ontario, L1H 6C9
3.0
St Hedwig
Public421 Olive Avenue, Oshawa, Ontario, L1H 2R2
0.9

Secondary Schools

Eastdale
Public265 Harmony Road North, Oshawa, Ontario, L1G 6L4
4.2
Monsignor John Pereyma
Public316 Conant Street, Oshawa, Ontario, L1H 3S6
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.