5-Bed Bungalow with Workshop Garage Near Oshawa Centre

Property details for 494 Annapolis Avenue, Oshawa

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 57 x 135 FT
Stories: 1
Basement: Finished, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick Facing
Ownership: Freehold
Annual Taxes: $4,924 (2025)

You're a five-minute drive from the Oshawa Centre mall and a short walk to Parkwood Estate's gardens, but this street itself feels quiet and established. This brick bungalow sits on a 57 by 135 foot lot with a detached garage that's begging to be a workshop. The main floor has three bedrooms and one bathroom, plus a living room and kitchen that are perfectly fine but dated. Head downstairs and you'll find a finished basement with a rec room and two more bedrooms, making it a total of five beds and two baths. That's rare for a bungalow in this price range. The block foundation is solid, and with central air and forced air gas heating, you're set for comfort. You'll need to bring your own updates though, the place is liveable but not renovated. Taxes run about $4,924 a year. Similar homes nearby are listing around $793K, so at $649K, you're getting a deal for the extra space. The garage has parking for three total with the driveway. Schools and restaurants are close, with R.S. McLaughlin Collegiate just half a kilometre away. If you're looking for a project with good bones and a great location, this one's worth a look.

About 494 Annapolis Avenue, Oshawa — Property Score

Great Location Hot Market Well Priced

Score: 70/100

Value

Priced 25% below area median of $865,000 based on 213 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

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

2 bathrooms - typical for similarly priced properties 60

7,695 sqft lot - a generous lot for the area 78

Location

$68K median household income - near the Canadian average of $70K 64

75% of residents hold postsecondary credentials - a highly educated neighbourhood 83

95% homeownership rate - indicating a stable, owner-occupied community 96

55% of residents commute under 30 minutes - good commuting convenience 74

2,346/km² population density - a well-balanced suburban area 93

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

3-car garage - area average is 4.7 spots 80

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.76% effective tax rate ($4,924/yr) - below the Canadian average of ~1% 77

8% renter population - primarily owner-occupied area 40

Quality

Condition

Listing

29 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.