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Listed 2 months ago

708 Carnegie Avenue

Centennial, Oshawa

$599,900

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Welcome to this legal 2-unit (Legal Duplex) raised bungalow with a walk-out basement, nestled on a quiet street in one of Oshawa's most desirable neighbourhoods. Perfectly positioned just 120 metres from transit and minutes to Rossland Rd E and Simcoe St N, this is a rare opportunity for investors, families, and multi-generational buyers alike. The upper suite offers a bright, spacious, sun-filled living room, private laundry, direct garage access, and a newly finished oversized rear deck, ideal for summer BBQs, morning coffee, or relaxing evenings outdoors. Both units enjoy their own separate fenced backyard spaces, offering privacy and a true sense of independent living. The lower suite is equally impressive, featuring a brand-new kitchen, new flooring, new windows, private laundry, and a walk-out to the backyard, creating a bright and inviting space that feels far from a typical basement apartment. With estimated rental income of $4,500/month, this property is a standout turnkey investment opportunity, while also offering the perfect layout for mortgage support, extended family, or multi-generational living.

Extras

No extras listed.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,970
Lot Size40 ft x 106 ft
mls© NumberE13455192
Listed ByRIGHT AT HOME REALTY

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%
$3,071
Property tax
$414
Heat allowance
$150
Housing costs
$3,635 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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