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Price Change$549,000

547 Montrave Avenue

Vanier, Oshawa

$449,000

Detached|Bungalow
2 | 1 | 3
About this home

Welcome to this detached bungalow in a convenient Oshawa location, just minutes to Hwy 401, shopping, schools, and everyday amenities. Tenants currently in place. Seller is actively working toward a vacancy arrangement, offering flexibility for end-users. Situated on a generous 5,000 sq ft lot on a quiet residential street, this property offers excellent potential for both end-users and investors. The main floor features a functional layout with 2 bedrooms and 1 full bathroom, providing comfortable living space. A finished attic loft offers additional flexible space suitable for storage, office, or bonus use. The basement includes a separate side entrance and offers strong in-law or additional living space potential. One bedroom is finished, with additional space for customization. Basement bathroom partially completed with toilet and tub/shower in place; sink rough-in. Additional features include 150 amp electrical service and a gas furnace updated within the last 2-3 years. Opportunity to add value and customize to your needs. Cooperative tenants. Flexible closing available. *For Additional Property Details Click The Brochure Icon Below*

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,476
Lot Size40 ft x 115 ft
mls© NumberE12913014
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$290
Heat allowance
$150
Housing costs
$2,738 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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