Bungalow with Separate Entrance Basement Near 401

Property details for 216 College Avenue, Oshawa

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 46 x 120.3 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
Ownership: Freehold
Annual Taxes: $4,375

This 3-bed, 2-bath bungalow on a 46 x 120 ft lot is a homesteader's dream in central Oshawa. The main floor has original hardwood under some carpet, three good-sized bedrooms, and a sunroom with a gas fireplace that could double as an office or dining space. Kitchen is dated but functional, with ceramic tile and a walkout to the deck. The real surprise is the basement: separate entrance leads to a finished rec room with a second gas fireplace, plus a workshop, utility room, and cold storage. You could easily rent it out or use it for extended family. Big fenced backyard has mature trees and garden space, and there's an oversized detached garage with parking for four total. It's been lived in and loved, not flipped. You're 2 minutes from the 401, Oshawa Centre is 1.6 km away, and the GM Centre and downtown are under 2 km. Taxes run about $4,375 a year. Homes nearby are selling in 37 days on average, and this one's priced at $625,000, which is just above the median sold price of $579,900. Solid bones, tons of potential. Worth a look if you want space and a separate rental unit without leaving the city.

About 216 College Avenue, Oshawa — Property Score

Feature Rich Great Location Hot Market

Score: 70/100

Value

Priced 16.7% below area median of $749,900 based on 252 comparable properties nearby 95

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

5,534 sqft lot - a standard lot for the area 65

Location

$61K median household income - near the Canadian average of $70K 60

71% of residents hold postsecondary credentials - a highly educated neighbourhood 81

75% homeownership rate - indicating a stable, owner-occupied community 83

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

3,396/km² population density - a well-balanced suburban area 96

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 4.7 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

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.7% effective tax rate ($4,375/yr) - below the Canadian average of ~1% 79

25% renter population - primarily owner-occupied area 60

Quality

Condition

Listing

45 photos provided - 32% 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.