38 Kawartha Avenue, Oshawa

Price: $649,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13422290

This charming bungalow, situated on a premium corner lot, offers two fully self-contained living spaces, making it an ideal opportunity for investors, extended families, or multi-generational living. The main level showcases a modern kitchen with a breakfast bar, gleaming hardwood floors, and bright, welcoming living areas designed for comfortable everyday living. Step outside to enjoy the expansive, private backyard featuring a spacious two-tier deck and a large storage shed-perfect for entertaining guests or relaxing outdoors. The lower level offers a thoughtfully designed in-law suite complete with a full kitchen, generous recreation area, updated four-piece bathroom, and a separate entrance for added privacy and convenience. Set on a generous lot with two separate driveways accommodating up to four vehicles, this property is located on a quiet, mature, tree-lined street. Enjoy easy access to the beach, waterfront trails, parks, shopping, and public transit. A rare opportunity in a highly desirable neighbourhood, this versatile property truly has it all.

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active
New Listing
1/20

$649,900 - 38 Kawartha Avenue, Oshawa

Detached for Sale in Oshawa

New — Listed yesterday
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13422290
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
iCloud Realty Ltd.
Description

This charming bungalow, situated on a premium corner lot, offers two fully self-contained living spaces, making it an ideal opportunity for investors, extended families, or multi-generational living. The main level showcases a modern kitchen with a breakfast bar, gleaming hardwood floors, and bright, welcoming living areas designed for comfortable everyday living. Step outside to enjoy the expansive, private backyard featuring a spacious two-tier deck and a large storage shed-perfect for entertaining guests or relaxing outdoors. The lower level offers a thoughtfully designed in-law suite complete with a full kitchen, generous recreation area, updated four-piece bathroom, and a separate entrance for added privacy and convenience. Set on a generous lot with two separate driveways accommodating up to four vehicles, this property is located on a quiet, mature, tree-lined street. Enjoy easy access to the beach, waterfront trails, parks, shopping, and public transit. A rare opportunity in a highly desirable neighbourhood, this versatile property truly has it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oshawa

Discover Oshawa

Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oshawa

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

38 Kawartha Avenue, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$2,605

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $928/sqft, this property is priced in line with current Oshawa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Oshawa's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Kawartha Avenue, Oshawa — $649,900 | Battaglia Team