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Property Description
Welcome to 340 Pine Ave., a 2-bedroom, 1-bathroom home nestled in the heart of Oshawa. An ideal choice for first-time homebuyers or the savvy investor. Situated on a generous 30' x 103.42' lot, this home features a spacious backyard that's perfect for outdoor entertaining, gardening, or simply enjoying the fresh air. The private driveway and detached garage provide ample parking for up to 4 vehicles, for family, guests, or future tenants. The garage also offers potential for additional storage or a versatile workspace, catering to a variety of needs. Inside, you'll find a cozy living space with a partially finished basement that includes a separate entrance, perfect for potential rental income or creating additional living space. With its R3-A/R5-A zoning, this property holds exciting potential for a multi-family development, making it a smart investment for those looking to grow their portfolio. Located just minutes away from Hwy 2, Hwy 401, and the GO Train, commuting is a breeze, while nearby restaurants and shopping hubs like Walmart, Canadian Tire, Costco and Oshawa Centre Mall ensure you're always close to essential amenities. Don't miss out on this fantastic opportunity to own a home with tremendous potential in a prime location. Whether you're looking for a comfortable starter home or an investment property, 340 Pine Ave. is ready to welcome you.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
30' x 103'
Acreage
< .50
Fronting
South
Taxes
$3,007 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 10.33' x 10.50' | B/I Closet, B/I Shelves |
| 2nd Br | Main | 8.53' x 10.17' | B/I Closet |
| Kitchen | Main | 7.22' x 7.87' | |
| Living | Main | 11.15' x 13.12' | |
| Dining | Main | 8.53' x 12.80' | |
| Bathroom | Main | 6.23' x 7.22' | 4 Pc Bath |
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Oshawa Market Statistics
Oshawa Price Trend
340 Pine Ave is a 2-bedroom 1-bathroom home listed for sale at $425,000, which is $272,500 (39.1%) lower than the average sold price of $697,500 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in Oshawa increased by $25,250 (3.8%) compared to the previous 30 day period (November 18 - December 17) and up $9,377 (1.4%) from the same time one year ago.Inventory Change
There were 10 2-bedroom homes listed in Oshawa over the last 30 days (December 18 - January 16), which is down 54.5% compared with the previous 30 day period (November 18 - December 17) and up 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Oshawa typically sold $15,645 (2.2%) above asking price over the last 30 days (December 18 - January 16), which represents a $5,085 increase compared to the previous 30 day period (November 18 - December 17) and ($1,376) 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 2-bedroom homes in Oshawa over the last 30 days (December 18 - January 16) stood at 110.0%, up from 90.9% over the previous 30 days (November 18 - December 17) and down from 216.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Oshawa stood at 18 days when successfully sold over the last 30 days (December 18 - January 16), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Realty Centres
Similar Listings
Attention Investors, Renovators, and Contractors! Don't miss this Power of Sale opportunity in Oshawa! This Handyman Special is priced to sell and packed with potential for those looking to renovate and add value. Excellent sized lot on a quiet street! Prime location close to parks, schools, all amenities including Costco and all major restaurants and shops. House has a functional layout with a main floor kitchen, spacious living/dining area, and upstairs master bedroom with full washroom and a den.
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