$588,888 - 623 Olive Avenue, Oshawa
Detached for Sale in Oshawa
New — Listed 6 days agoNeighbourhood: Donevan
- MLS Number
- E13498838
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
**Welcome to this beautifully renovated all-brick bungalow offering exceptional value, versatility, and modern living! Over *$100,000.0 has been invested in recent renovations, transforming the main floor into a stylish, move-in-ready space. Enjoy a brand-new kitchen with new stainless steel appliances, an open-concept living and dining area, three spacious bedrooms, a beautifully renovated bathroom, updated flooring and finishes, and new window blinds throughout the home.The finished basement features a **separate entrance**, three additional bedrooms, a spacious recreation room, a 3-piece bathroom, and an existing kitchen (without a stove), offering excellent flexibility for extended family, guests, or multi-generational living (buyer to verify all intended uses).Additional improvements include previous basement updates, roof change and professional exterior foundation waterproofing with a new perimeter weeping tile drainage system, providing added peace of mind.Ideally located in a mature Oshawa neighborhood, this home is just minutes from schools, parks, shopping, restaurants, public transit, and Highway 401, making it an excellent choice for families and commuters alike.This is a rare opportunity to own a substantially updated home with outstanding space, flexibility, and long-term value. Just move in and enjoy!
Estimate your monthly payments for this property
Estimated Payment
$3,021.30/mo
Includes CMHC insurance ($16,430)
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 Donevan
Donevan 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 Donevan
- •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
Donevan 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.
623 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
Fair Market Value
At $841/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.
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.
Excellent Flexibility
With 6 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 Donevan
I know Donevan 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.