446 Madison Ave

McLaughlin, Oshawa, L1J 2P6
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446 Madison Ave, Oshawa
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
E8279676
MLSID
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Property Description
Beautifully and fully legal 2-unit dwelling in the highly desired Mclaughlin community of Oshawa. This is your chance to get into the market and have the tenants pay your mortgage. Immaculate 2+1-bedroom detached bungalow with fully self-contained 1 bedroom basement apartment with separate entrance, laundry, kitchen, and bathroom. Gorgeous main floor unit with a beautiful kitchen, huge center island, quartz countertops and high-end stainless appliances. 2 large bedrooms with a walkout from the primary bedroom to a large deck. Very large detached 1 car garage with 2 additional storage units in the rear. Beautifully painted top to bottom with brand new flooring just installed in the basement. This one is not to be missed So many fine features: pot lighting, crown moulding, custom backsplash, laminate flooring, large 40x130-foot-deep lot, new roof 2018 + garage 2022, attic insulation R50 in 2018, and so much more. Super big and bright open-concept basement apartment with oversized windows and the bedroom features a large walk-in closet. This is a 10 + move in ready property!
Extras
A++ location in a quiet mature area, close to schools, parks, the O.C shopping mall and minutes to the 401 and the Whitby border. The ideal investment opportunity with this home generating market rent of approximately $4,200 monthly.
Property Features
Park, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 130'
Acreage
< .50
Fronting
North
Taxes
$4,197 (2023)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.09' x 20.08'Combined W/Dining, Crown Moulding, Pot Lights
DiningMain11.09' x 20.08'Combined W/Living, Crown Moulding, Laminate
KitchenMain11.09' x 12.99'Quartz Counter, Centre Island, Backsplash
Prim BdrmMain9.09' x 11.15'W/O To Deck, Closet, Laminate
2nd BrMain7.09' x 9.84'Closet, Window, Laminate
BathroomMain5.18' x 7.87'4 Pc Bath, Window, Ceramic Floor
LivingBsmt10.30' x 19.59'Pot Lights, Crown Moulding, Laminate
KitchenBsmt5.58' x 7.19'Ceramic Floor
BrBsmt9.97' x 9.97'Large Window, W/I Closet, Laminate
BathroomBsmt5.91' x 9.58'3 Pc Bath, Separate Shower
Oshawa Market Statistics
Oshawa Price Trend
446 Madison Ave is a 2-bedroom 2-bathroom home listed for sale at $749,900, which is $14,687 (2.0%) higher than the average sold price of $735,213 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Oshawa declined by $19,086 (2.5%) compared to the previous 30 day period (March 15 - April 13) and down $62,389 (7.8%) from the same time one year ago.
Inventory Change
There were 42 2-bedroom homes listed in Oshawa over the last 30 days (April 14 - May 13), which is up 2.4% compared with the previous 30 day period (March 15 - April 13) and up 2.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oshawa typically sold $56,578 (7.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $16,787 decrease compared to the previous 30 day period (March 15 - April 13) and $84,058 less 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 (April 14 - May 13) stood at 54.8%, down from 126.8% over the previous 30 days (March 15 - April 13) and down from 70.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Oshawa stood at 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Jazz Inc.
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