489 Dean Avenue, Oshawa

$475,000
489 Dean Avenue

$475,000

New
8d
DetachedBungalow

489 Dean Avenue, Oshawa

Total Monthly Obligation $2,590

HausQ Valuation Report
Beds
3
Baths
1
Park
6
Sqft
< 700
DOM
8d
Score
22
Yield
5.8%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-E14083516
Beds-3
Bathrooms-1
Size-< 700 sqft
Lot Size-50 × 120 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,583 (2025)
Parking-8 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Central
Title-Residential Freehold

No agent assigned

Welcome to 489 Dean Ave! This well-maintained 2+1 bedroom bungalow sits on a private corner lot in a family-friendly Oshawa neighborhood, offering a bright and functional layout with two bedrooms on the main floor and a finished basement featuring an additional bedroom for added living space. A standout feature is the large detached garage, perfect for a workshop, hobbyist, extra storage, or parking. The private yard provides plenty of space to relax or entertain, while the roof was replaced in 2025 for added peace of mind. Conveniently located close to schools, parks, shopping, public transit, and with easy access to Highway 401, this home is an excellent opportunity for first-time buyers, downsizers, or investors. *Some photos virtually staged.

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Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,590/mo
Mortgage $1,916
Monthly Loss $2,085
Principal$504
Interest$1,412
Property Tax$299
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
21.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,600/yr
NOI
$16,757/yr
Net Cash Flow
-$520/mo
Cash Margin
-22.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 489 Dean Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.