Renovated Semi-Detached with Rental Suite, North Oshawa

Property details for 322 Fernwood Avenue, Oshawa

Type: Residential
Bedrooms: 5
Bathrooms: 3
Lot Size: 28.2 x 148.9 FT
Basement: Separate entrance, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,421

This 5-bed, 3-bath semi-detached backsplit in North Oshawa is completely renovated. Main floor has a modern kitchen with new cabinets, counters, and gas stove, plus a living room and a partial bath. Upper level holds two bedrooms, including a primary with its own full bath. The in-between family room connects to a second kitchen and another bathroom, then the basement has two more bedrooms, laundry, and its own entrance. That means two full self-contained living spaces: the upper unit has 2 beds and 2 baths, the lower has 3 beds and 1 bath, each with own laundry. Perfect for a mortgage helper or multi-generational setup. Everything's fresh: new laminate and ceramic flooring, central AC, and all appliances included (2 fridges, 2 stoves, 2 washers, 2 dryers). The lot is 28.2 x 148.9 feet, with a fully fenced yard and a storage shed. Parking for 4 cars, no garage. Located near O'Neill Collegiate (0.9 km), Lakeridge Health (1.2 km), and Parkwood Estate (1.2 km). Tim Hortons and several restaurants within 2 km. Priced at $689,000, below the nearby median of $719,000; similar homes sell in about 25 days. Property scores high on location (83) and market (80). Serious potential for rental income here. (No carpet anywhere.)

About 322 Fernwood Avenue, Oshawa — Property Score

Great Location Hot Market

Score: 71/100

Value

Priced 18.9% below area median of $850,000 based on 217 comparable properties nearby 98

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

3 bathrooms - 1 more than similarly priced properties nearby 72

4,199 sqft lot - a standard lot for the area 65

Location

$71K median household income - near the Canadian average of $70K 65

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

82% homeownership rate - indicating a stable, owner-occupied community 87

65% of residents commute under 30 minutes - excellent commuter accessibility 82

2,901/km² population density - a well-balanced suburban area 99

Market

Just listed - area average is 52 days on market 100

+40.1% median price change over 1 month - rising prices in the area 100

29.1 months of housing supply - 465 active listings with 16 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.8 spots 95

Separate entrance, N/A basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.64% effective tax rate ($4,421/yr) - below the Canadian average of ~1% 81

18% renter population - primarily owner-occupied area 52

Quality

Condition

Listing

25 photos provided - below the area average of 34 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.