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Price Change$549,000

547 Montrave Avenue

Vanier, Oshawa

$449,000

Detached|Bungalow
2 | 1 | 3
About this home

NOW VACANT & AVAILABLE IMMEDIATELY! Long-term tenants have officially moved out, meaning this property is now fully vacant, clean, and ready for immediate possession. Perfect for buyers looking to move right in, or investors wanting to set their own top-tier market rents with zero inherited tenancy! Easy to view anytime. Welcome to this detached bungalow in a convenient Oshawa location, just minutes from Hwy 401, Oshawa Centre, shopping, and major amenities. Located on a quiet residential street within an established neighborhood, close to schools, parks, and everyday conveniences. Situated on a generous 5,000 sq ft lot with a spacious backyard, this property offers incredible upside potential. The main floor features a highly functional layout with 2 bedrooms and 1 bathroom, offering comfortable and bright living space. A finished attic loft provides additional flexible space-ideal for a home office, storage, or a bonus room. The basement features a separate side entrance, offering massive potential for an in-law suite or a future secondary income suite to maximize your cash flow. It includes one finished bedroom, space for further customization, and partially completed bathroom and laundry areas. Additional features include an upgraded 150-amp electrical service and a gas furnace updated within the last 1-2 years. This is a phenomenal opportunity to add value, customize to your needs, and secure a vacant detached home in a high-demand market! *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.

Schools

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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