1209 Cherrydown Drive, Oshawa

Price: $724,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13644362

This well-maintained home is located in a desirable family-friendly neighbourhood in East Oshawa. It is situated on an approximately 45' x 111' lot and offers 4 bedrooms, 3 full bathrooms, and a functional layout designed for comfortable family living. The main level features a bright eat-in kitchen, a spacious dining room open to the inviting living room with vaulted ceiling, a cozy wood burning fireplace, and a walkout to the deck - perfect for entertaining or relaxing outdoors. A versatile fourth bedroom on the main floor, currently used as a home office, is ideal for guests, multigenerational living, or those working from home. A convenient 4 piece bathroom completes the main level. Upstairs you'll find three bedrooms and another full bathroom. The finished basement offers even more living space with a large recreation room, dedicated media/entertainment area with electric fireplace, and an additional 3 piece bathroom, providing plenty of room for the whole family to enjoy. This property boasts lovely curb appeal, a re-shingled roof (2021), a built-in garage for additional storage, and parking for up to 4 vehicles in the driveway. Conveniently located just minutes from Highway 401, and close to public transit, schools, community centres, parks, shopping, golf course and everyday amenities. This is a wonderful opportunity to enjoy a fantastic home in an established, family-friendly community.

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$724,900 - 1209 Cherrydown Drive, Oshawa

Detached for Sale in Oshawa

Neighbourhood: Donevan

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13644362
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oshawa
Listing Brokerage
SUTTON GROUP-HERITAGE REALTY INC.
Description

This well-maintained home is located in a desirable family-friendly neighbourhood in East Oshawa. It is situated on an approximately 45' x 111' lot and offers 4 bedrooms, 3 full bathrooms, and a functional layout designed for comfortable family living. The main level features a bright eat-in kitchen, a spacious dining room open to the inviting living room with vaulted ceiling, a cozy wood burning fireplace, and a walkout to the deck - perfect for entertaining or relaxing outdoors. A versatile fourth bedroom on the main floor, currently used as a home office, is ideal for guests, multigenerational living, or those working from home. A convenient 4 piece bathroom completes the main level. Upstairs you'll find three bedrooms and another full bathroom. The finished basement offers even more living space with a large recreation room, dedicated media/entertainment area with electric fireplace, and an additional 3 piece bathroom, providing plenty of room for the whole family to enjoy. This property boasts lovely curb appeal, a re-shingled roof (2021), a built-in garage for additional storage, and parking for up to 4 vehicles in the driveway. Conveniently located just minutes from Highway 401, and close to public transit, schools, community centres, parks, shopping, golf course and everyday amenities. This is a wonderful opportunity to enjoy a fantastic home in an established, family-friendly community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,719.11/mo

Includes CMHC insurance ($20,225)

$
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5%10%50%

5-yr fixed avg.

Principal: $652,410Interest: $443,099
Mortgage Amount$672,635
Total Interest$443,099
Est. Property Tax$513/mo
Total Cost$1,115,734

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: Donevan

Discover Donevan

Donevan 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 Donevan

  • 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

Donevan 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

1209 Cherrydown Drive, 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)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$513
Insurance (est.)-$151
Net Cash Flow+$2,536

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

Competitive Pricing

At $483/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Donevan

I know Donevan well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1209 Cherrydown Drive, Oshawa | $724,900 | Battaglia Team