322 Fernwood Avenue, Oshawa

Price: $719,000

5 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13562042

Welcome to this completely renovated freehold semi-detached backsplit in a desirable North Oshawa neighbourhood, offering exceptional flexibility with two self-contained Units. Perfect for first-time buyers, multi-generational families, or investors, this turn-key home has been fully renovated from top to bottom with quality finishes throughout. Enjoy brand-new flooring, fresh paint, all-new interior doors, trim, fixtures, hardware, and a brand-new central A/C.The upper level features a bright open-concept living room, a brand-new modern kitchen with all-new appliances, a spacious dining area, two generous bedrooms, a beautifully renovated 4-piece bathroom, a convenient 2-piece powder room, and its own private laundry.The lower level offers a separate entrance to a fully self-contained suite featuring an open-concept living room, a brand-new kitchen with all-new appliances, two bedrooms, a fully renovated bathroom, and separate laundry-ideal for extended family, in-laws, or potential rental income.Both kitchens showcase new cabinetry, countertops, and modern finishes, while all three washrooms have been completely renovated with new vanities, toilets, fixtures, and contemporary finishes throughout. The home includes 2 kitchens, 2 washers, 2 dryers, 2 brand-new refrigerators, 1 gas stove (upper), 1 electric stove (lower), 1 dishwasher, and a brand-new central A/C.Step outside to a fully fenced backyard, perfect for entertaining, children, and pets. Conveniently located close to schools, parks, shopping, public transit, and easy access to Highway 401, this is a rare opportunity to own a truly move-in-ready home with excellent income potential in one of North Oshawa's most sought-after neighbourhoods.

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$719,000 - 322 Fernwood Avenue, Oshawa

Semi-Detached for Sale in Oshawa

40 days on market

Neighbourhood: O'Neill

5Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E13562042
Property Type
Semi-Detached
Status
active
Days on Site
40
Bedrooms
5
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Welcome to this completely renovated freehold semi-detached backsplit in a desirable North Oshawa neighbourhood, offering exceptional flexibility with two self-contained Units. Perfect for first-time buyers, multi-generational families, or investors, this turn-key home has been fully renovated from top to bottom with quality finishes throughout. Enjoy brand-new flooring, fresh paint, all-new interior doors, trim, fixtures, hardware, and a brand-new central A/C.The upper level features a bright open-concept living room, a brand-new modern kitchen with all-new appliances, a spacious dining area, two generous bedrooms, a beautifully renovated 4-piece bathroom, a convenient 2-piece powder room, and its own private laundry.The lower level offers a separate entrance to a fully self-contained suite featuring an open-concept living room, a brand-new kitchen with all-new appliances, two bedrooms, a fully renovated bathroom, and separate laundry-ideal for extended family, in-laws, or potential rental income.Both kitchens showcase new cabinetry, countertops, and modern finishes, while all three washrooms have been completely renovated with new vanities, toilets, fixtures, and contemporary finishes throughout. The home includes 2 kitchens, 2 washers, 2 dryers, 2 brand-new refrigerators, 1 gas stove (upper), 1 electric stove (lower), 1 dishwasher, and a brand-new central A/C.Step outside to a fully fenced backyard, perfect for entertaining, children, and pets. Conveniently located close to schools, parks, shopping, public transit, and easy access to Highway 401, this is a rare opportunity to own a truly move-in-ready home with excellent income potential in one of North Oshawa's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,688.84/mo

Includes CMHC insurance ($20,060)

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5-yr fixed avg.

Principal: $647,100Interest: $439,493
Mortgage Amount$667,160
Total Interest$439,493
Est. Property Tax$509/mo
Total Cost$1,106,653

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: O'Neill

Discover O'Neill

O'Neill 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 O'Neill

  • 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

O'Neill 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

322 Fernwood Avenue, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
4.9%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$509
Insurance (est.)-$150
Net Cash Flow+$2,941

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 $654/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 40 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.

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 O'Neill

I know O'Neill 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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    322 Fernwood Avenue, Oshawa | $719,000 | Battaglia Team