494 Annapolis Avenue, Oshawa

Price: $649,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13709398

Welcome to 3-Bedroom Bungalow with Detached Garage in McLaughlin, Oshawa Nestled in Oshawa's sought-after McLaughlin community, this solid 3-bedroom bungalow offers a fantastic opportunity to create the home you've always envisioned. Featuring a bright, practical floor plan with three well-sized bedrooms, a full basement, and a detached garage ideal for parking, storage, or a workshop, this property is full of potential. Bring your creativity and personal style to transform this home with modern updates and finishing touches. Whether you're looking to renovate, customize, or add value, the possibilities are endless. Ideally situated close to schools, parks, shopping, public transit, and major highways, this property is perfect for first-time homebuyers, investors, or anyone seeking an affordable opportunity in one of Oshawa's most established and desirable neighbourhoods.

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$649,000 - 494 Annapolis Avenue, Oshawa

Detached for Sale in Oshawa

43 days on market

Neighbourhood: McLaughlin

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
E13709398
Property Type
Detached
Status
active
Days on Site
43
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Lot Size
7,695 sqft
Taxes (2025)
$4,924
Listing Brokerage
CMI REAL ESTATE INC.
Description

Welcome to 3-Bedroom Bungalow with Detached Garage in McLaughlin, Oshawa Nestled in Oshawa's sought-after McLaughlin community, this solid 3-bedroom bungalow offers a fantastic opportunity to create the home you've always envisioned. Featuring a bright, practical floor plan with three well-sized bedrooms, a full basement, and a detached garage ideal for parking, storage, or a workshop, this property is full of potential. Bring your creativity and personal style to transform this home with modern updates and finishing touches. Whether you're looking to renovate, customize, or add value, the possibilities are endless. Ideally situated close to schools, parks, shopping, public transit, and major highways, this property is perfect for first-time homebuyers, investors, or anyone seeking an affordable opportunity in one of Oshawa's most established and desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

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5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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: McLaughlin

Discover McLaughlin

McLaughlin 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 McLaughlin

  • •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

McLaughlin 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

494 Annapolis 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)
5.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$3,005

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 $927/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.

Market Position

At 43 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.

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.

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 McLaughlin

I know McLaughlin 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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    494 Annapolis Avenue, Oshawa | $649,000 | Battaglia Team