489 Dean Avenue, Oshawa

Price: $499,900

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13621706

Welcome to 489 Dean Ave! This well-maintained 2+1 bedroom bungalow sits on a private corner lot in a family-friendly Oshawa neighborhood, offering a bright and functional layout with two bedrooms on the main floor and a finished basement featuring an additional bedroom for added living space. A standout feature is the large detached garage, perfect for a workshop, hobbyist, extra storage, or parking. The private yard provides plenty of space to relax or entertain, while the roof was replaced in 2025 for added peace of mind. Conveniently located close to schools, parks, shopping, public transit, and with easy access to Highway 401, this home is an excellent opportunity for first-time buyers, downsizers, or investors. *Some photos virtually staged.

489 Dean Avenue - Detached photo 1 of 8 in Oshawa, Ontario
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489 Dean Avenue - Detached photo 8 of 8 in Oshawa, Ontario
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New Listing
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$499,900 - 489 Dean Avenue, Oshawa

Detached for Sale in Oshawa

New — Listed 4 days ago

Neighbourhood: Central

3Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13621706
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Welcome to 489 Dean Ave! This well-maintained 2+1 bedroom bungalow sits on a private corner lot in a family-friendly Oshawa neighborhood, offering a bright and functional layout with two bedrooms on the main floor and a finished basement featuring an additional bedroom for added living space. A standout feature is the large detached garage, perfect for a workshop, hobbyist, extra storage, or parking. The private yard provides plenty of space to relax or entertain, while the roof was replaced in 2025 for added peace of mind. Conveniently located close to schools, parks, shopping, public transit, and with easy access to Highway 401, this home is an excellent opportunity for first-time buyers, downsizers, or investors. *Some photos virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: Central

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

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

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.

70
Walk Score
Varies
Price Range

489 Dean Avenue, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,342

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 $714/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    489 Dean Avenue, Oshawa | $499,900 | Battaglia Team