117 Montrave Ave

Vanier, Oshawa, L1J 4R6
FOR SALE
$799,900
117 Montrave Ave, Oshawa
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
117 Montrave Ave
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5
BEDROOMS
3
BATHROOMS
2
KITCHENS
5
ROOMS
E9514416
MLSID
Contact Us
Property Description
Welcome to 117 Montrave Avenue in Oshawa! This legal duplex on a large 60-foot frontage lot is perfect for any investor, developer, or family looking for multi-generational living. Noteworthy features of this property include two legal units on separate hydro, a potential third unit in the basement, and a massive 25' x 20' detached garage, which offers the potential to add a good-sized garden suite for more rental income. Unit #1 offers cathedral ceilings with a loft bedroom, 2 baths, a full basement, and an open-concept kitchen/dining area. Unit #2 includes 3 bedrooms, 2 baths, and a partially finished basement. This could be a great opportunity to live in the property while converting the basement into a separate unit and turning the large garage into a garden suite. Whether you are an investor or house hacking your way to live for free, this property is only minutes from the Oshawa Centre and 401, GO Train. Check out the virtual Tours online.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-13 2024-09-30 109 $799,900 - Expired
2024-05-15 2024-06-13 29 $999,900 - Terminated
2022-05-25 2022-06-06 12 $649,900 $750,000 Sold
Extras
Unit #1 (Loft Unit) is tenant-occupied on a month-to-month basis at $1,588.75 per month, while Unit #2 (Greater Unit) is also tenant-occupied on a month-to-month basis at $2,357.50 per month. Both tenants would like to stay.
Property Features
Arts Centre, Grnbelt/Conserv, Hospital, Library, Park, Public Transit
Property Details
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
60' x 115'
Fronting
East
Taxes
$3,798 (2023)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Oshawa Market Statistics
Oshawa Price Trend
117 Montrave Ave is a 5-bedroom 3-bathroom home listed for sale at $799,900, which is $342,766 (30.0%) lower than the average sold price of $1,142,666 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Oshawa increased by $202,666 (21.6%) compared to the previous 30 day period (September 21 - October 20) and down $327,334 (22.3%) from the same time one year ago.
Inventory Change
There were 11 5-bedroom homes listed in Oshawa over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and up 10.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Oshawa typically sold $93,370 (8.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $53,370 increase compared to the previous 30 day period (September 21 - October 20) and ($30,000) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Oshawa over the last 30 days (October 21 - November 19) stood at 27.3%, up from 18.2% over the previous 30 days (September 21 - October 20) and up from 10.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Oshawa stood at 65 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Metropolis Realty
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