$540,000 - 180 Olive Avenue, Oshawa
Detached for Sale in Oshawa
Neighbourhood: Central
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- MLS Number
- E13810924
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Oshawa
- Lot Size
- 5,350 sqft
- Taxes (2026)
- $4,222
- Listing Brokerage
- RE/MAX Jazz INC.
There's more here than you might expect. Built in 1922, this detached Oshawa home has retained much of the character you hope to find in an older house - original oak floors, restored trim and doors, and 9.5' main-floor ceilings - while some of the less exciting (but very important) work has already been done. The main floor offers a comfortable living room, dining room open to the kitchen, and double garden doors leading out to the deck and large fully fenced backyard. The kitchen includes some thoughtful extras, including really great appliances and an island with a built-in deep freezer, beverage fridge and additional storage, plus a black Blanco Silgranit sink and handy glass rinser. Upstairs, you'll find three bedrooms and an updated 4-piece bathroom. Need more room? The finished lower level has a separate entrance, two additional bedrooms, an updated 3-piece bathroom and above-grade windows - giving you some useful flexibility beyond the main living space. And don't miss the attic, accessible by a pull-down ladder, with plenty of additional storage space. Outside, the 50' x 107' lot offers plenty of room to enjoy, with a gazebo, firepit area, garden shed, and built-in deck cabinet with stone countertop. And while there's no garage, there's something you don't often find on an older in-town property: a private driveway with parking for up to approximately eight vehicles. Behind the character are some meaningful updates, too: roof, windows, 100-amp breaker panel and PEX plumbing (2016); owned furnace and tankless water heater (2017); central air (2019); copper wiring; and a newer 4" main drain to the city shutoff with anti-backflow protection, interior inspection and exterior cleanout. If you've been looking for an affordable detached home with character, a surprisingly generous amount of space, a big backyard and some of the major updates already taken care of, this home might be worth a closer look.
Estimate your monthly payments for this property
Estimated Payment
$2,770.48/mo
Includes CMHC insurance ($15,066)
5-yr fixed avg.
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.
Discover Central
Central 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 Central
- •Convenient location in Oshawa
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Central 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.
180 Olive Avenue, Oshawa
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $491/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 16 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oshawa.
About Central
I know Central 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.
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 $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.