Legal Two-Unit Bungalow Across from Woodcrest Public School

Property details for 511 Woodcrest Avenue, Oshawa

Type: Residential
Style: Bungalow
Bedrooms: 6
Bathrooms: 2
Lot Size: 60 x 130 FT
Stories: 1
Basement: Finished, Separate entrance, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stucco
Ownership: Freehold
Annual Taxes: $7,215

A smart buy for investors or multi-generational families. This legal two-unit bungalow sits on a 60 by 130 foot lot, across from Woodcrest Public School. No carpets anywhere. The main floor has 3 bedrooms, a living room with fireplace, vaulted dining area, and a kitchen with skylight that walks out to the rear patio. Floors are hardwood and laminate with oak trim, tons of natural light. Downstairs, there's a recently refinished legal apartment with 3 more bedrooms, a huge great room, separate kitchen, full bath, and its own laundry. Separate meters for hydro. The roof is metal, and there's a detached garage with mezzanine storage plus a carport. Backyard has a greenhouse, and there's potential for a coach house if you get permits. Recent foundation waterproofing was done. Maintenance is straightforward with block and poured concrete foundation, central air, and forced air gas heating. You're 1.2 km from Oshawa Centre mall, 1.4 km from Lakeridge Health hospital, and about 0.9 km to R.S. McLaughlin Collegiate. Priced at $979,000, well above the area median of $685k, but you're getting two units on a large lot. Taxes run about $7,215 annually. If you're looking for rental income to cover costs, this fits the bill.

About 511 Woodcrest Avenue, Oshawa — Property Score

Feature Rich Great Location

Score: 62/100

Value

Priced 28% above area median of $765,000 based on 270 comparable properties nearby 28

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - 1 fewer than similarly priced properties nearby 48

7,800 sqft lot - a generous lot for the area 78

Location

$65K median household income - near the Canadian average of $70K 63

73% of residents hold postsecondary credentials - a highly educated neighbourhood 82

73% homeownership rate - indicating a stable, owner-occupied community 81

59% of residents commute under 30 minutes - good commuting convenience 77

2,364/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 42 days on market 100

-99.5% median price change over 1 month - declining prices in the area 1

24 months of housing supply - 456 active listings with 19 sold last month (buyer's market) 40

Features

4-car garage - area average is 4.7 spots 95

Finished, Separate entrance, N/A, 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

0.74% effective tax rate ($7,215/yr) - below the Canadian average of ~1% 78

27% renter population - primarily owner-occupied area 63

Quality

Condition

Listing

49 photos provided - 44% more than 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.