520 Cromwell Avenue, Oshawa

Price: $579,900

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13518732

Welcome to 520 Cromwell Ave, a beautifully maintained Fully detached Home offering comfort and convenience. Conveniently located close to schools, parks, shopping and transit areas, and a huge lot. High end laminate floor throughout. 1 Bedroom basement apartment. Huge backyard, large outdoor shed, updated kitchen, updated bathroom. Quiet street. Both basement and main floor are already rented out and great opportunity for generating immediate rental income. You can either fully rent out the 2 units and generate income to cover your mortgage, Or live in the main and second floor and rent out the basement to help with mortgage payment. Ideal for Investors, first time buyers and families.

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active
New Listing
1/23

$579,900 - 520 Cromwell Avenue, Oshawa

Detached for Sale in Oshawa

New — Listed 4 days ago

Neighbourhood: Vanier

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13518732
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Lot Size
7,115 sqft
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to 520 Cromwell Ave, a beautifully maintained Fully detached Home offering comfort and convenience. Conveniently located close to schools, parks, shopping and transit areas, and a huge lot. High end laminate floor throughout. 1 Bedroom basement apartment. Huge backyard, large outdoor shed, updated kitchen, updated bathroom. Quiet street. Both basement and main floor are already rented out and great opportunity for generating immediate rental income. You can either fully rent out the 2 units and generate income to cover your mortgage, Or live in the main and second floor and rent out the basement to help with mortgage payment. Ideal for Investors, first time buyers and families.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,975.19/mo

Includes CMHC insurance ($16,179)

$
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5-yr fixed avg.

Principal: $521,910Interest: $354,467
Mortgage Amount$538,089
Total Interest$354,467
Est. Property Tax$411/mo
Total Cost$892,556

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: Vanier

Discover Vanier

Vanier 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 Vanier

  • 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

Vanier 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

520 Cromwell Avenue, 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)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$411
Insurance (est.)-$121
Net Cash Flow+$2,668

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 $527/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.

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 Vanier

I know Vanier 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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    520 Cromwell Avenue, Oshawa | $579,900 | Battaglia Team