769 Tennyson Avenue, Oshawa

Price: $695,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13474862

In the quiet Donevan neighbourhood of Oshawa, a modest but cleverly designed duplex stands as a quietly compelling example of suburban versatility. The two unit property, freshly updated, offers a rare combination of owner occupied comfort and income generating potential in a location where convenience and community intersect. On the main floor, a bright three bedroom residence has just received brand new flooring throughout along with a crisp, fresh paint job, lending a clean, contemporary feel to its practical layout. The spacious primary bedroom overlooks the front yard, while the two additional bedrooms face the rear, bathed in softer a southern exposure. With tile in the kitchen and a logical flow that suits both family life and low maintenance living, the upper unit feels move in ready and thoughtfully arranged. Below, a fully self-contained two bedroom suite awaits with its own private entrance, allowing for seamless rental income with minimal interference. Each level boasts its own individual laundry room and the basement bedrooms are positioned on opposite wings, ensuring maximum privacy for tenants or multigenerational families. The lower level features durable laminate flooring and porcelain tile, creating clean, functional spaces that appeal to a wide range of occupants. Outside, the extra wide driveway easily accommodates two vehicles on each side, a practical luxury. A generous backyard provides additional breathing room for relaxation, play, or entertaining. The home sits minutes from grocery stores, schools, parks, restaurants, major transit links including the GO Station, and the 401 highway. A nearby golf course adds a touch of local leisure. For investors seeking steady returns or homeowners who value flexibility the option to live in one unit while renting the other this duplex represents a pragmatic and well considered opportunity in a market that continues to reward thoughtful, income producing properties.

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$695,000 - 769 Tennyson Avenue, Oshawa

Detached for Sale in Oshawa

Neighbourhood: Donevan

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13474862
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oshawa
Listing Brokerage
RE/MAX HALLMARK SHAHEEN & COMPANY
Description

In the quiet Donevan neighbourhood of Oshawa, a modest but cleverly designed duplex stands as a quietly compelling example of suburban versatility. The two unit property, freshly updated, offers a rare combination of owner occupied comfort and income generating potential in a location where convenience and community intersect. On the main floor, a bright three bedroom residence has just received brand new flooring throughout along with a crisp, fresh paint job, lending a clean, contemporary feel to its practical layout. The spacious primary bedroom overlooks the front yard, while the two additional bedrooms face the rear, bathed in softer a southern exposure. With tile in the kitchen and a logical flow that suits both family life and low maintenance living, the upper unit feels move in ready and thoughtfully arranged. Below, a fully self-contained two bedroom suite awaits with its own private entrance, allowing for seamless rental income with minimal interference. Each level boasts its own individual laundry room and the basement bedrooms are positioned on opposite wings, ensuring maximum privacy for tenants or multigenerational families. The lower level features durable laminate flooring and porcelain tile, creating clean, functional spaces that appeal to a wide range of occupants. Outside, the extra wide driveway easily accommodates two vehicles on each side, a practical luxury. A generous backyard provides additional breathing room for relaxation, play, or entertaining. The home sits minutes from grocery stores, schools, parks, restaurants, major transit links including the GO Station, and the 401 highway. A nearby golf course adds a touch of local leisure. For investors seeking steady returns or homeowners who value flexibility the option to live in one unit while renting the other this duplex represents a pragmatic and well considered opportunity in a market that continues to reward thoughtful, income producing properties.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,565.71/mo

Includes CMHC insurance ($19,391)

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5-yr fixed avg.

Principal: $625,500Interest: $424,823
Mortgage Amount$644,891
Total Interest$424,823
Est. Property Tax$492/mo
Total Cost$1,069,713

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: Donevan

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

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

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.

70
Walk Score
Varies
Price Range

769 Tennyson 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)
5.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$492
Insurance (est.)-$145
Net Cash Flow+$2,963

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 $993/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 15 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 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.

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    769 Tennyson Avenue, Oshawa | $695,000 | Battaglia Team