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Assigned
Assigned
AssignedFix & FlipAssignment of contractPosted 2 days ago

Detached Bungalow in Oshawa

Drew Street, Oshawa, ON

Price

$478,000

3

Beds

2

Baths

1,172

Sq ft

Home

Type

About this property

Detached bungalow in Oshawa, built in 1957, with potential for duplex conversion or renovation. The property is available through an assignment of contract. The property • Detached bungalow with 3 bedrooms on the main floor and 2 bedrooms in the basement. • 1+1 bathrooms. • 1,172 sqft above ground and 845 sqft below grade. • Finished basement with a 2-bedroom apartment and walkout. • Built in 1957. Systems and condition • Electrical: Fuses. • Furnace: Rental, installed in 2022, to be bought out on closing. • A/C: Rental, installed in 2022, to be bought out on closing. • Hot water tank: Rental, installed in 2022, to be assumed by the buyer. • Appliances included: Fridge, stove, washer, dryer, in as-is condition. • Roof and windows replaced in 2013. • Seller may leave junk behind; budget recommended for removal. Lot and location • Lot size: 50ft x 110ft. • Property taxes: Approximately $4,863. • CO-E zoning. Terms • Assignment of contract. • Closing date: November 24, 2026. • Buyer to make a $5,000 deposit to the seller’s lawyer.

The numbers

Price

$478,000

Est. after repairs

$695,000

$217,000 above price

Values are estimates based on recent nearby sales. Buyer to verify.

The play: Fix & Flip

Convert the property into a fully renovated duplex while maintaining the existing two-unit layout.

  • Full interior renovation to modernize both units
  • Maximize rental income
  • Re-list for profitable resale or hold as a long-term rental

Property snapshot

Type
Detached bungalow
Bedrooms
3 on main floor plus 2 in the basement
Bathrooms
1+1
Living space
1172 sqft above ground & 845 sqft below grade
Basement
Finished basement 2 bedroom apartment, walkout basement
Year built
1957
Lot size
50ft x 110ft
Property taxes
$4,863
Zoning
CO-E
Garage
Attached

Condition check

Roof

Replaced in 2013

Good

Windows

Replaced in 2013

Good

Furnace

Rental, installed in 2022 to be bought out on closing

Good

A/C

Rental, installed in 2022 to be bought out on closing

Good

HWT

Rental, installed in 2022 to be assumed by buyer

Good

Electrical

Fuses

Check

Recent sales nearby

651 Olive Avenue

Sold October 2026

$695,000

Renovated comparable

Similar layout with 3+2 bedrooms, 2 bathrooms, legal basement apartment, no garage.

244 Etna Avenue

Sold September 2026

$685,000

Nearby sale

Similar features with 2+2 bedrooms, 2 bathrooms, in-law suite, detached garage.

Deal terms

Sale type
Assignment of contract
Closing
November 24, 2026
Term
Buyer to make $5k deposit to seller's lawyer
Term
Seller has the option to leave junk behind—budget recommended for junk removal

Price

$478,000

Est. after repairs

$695,000

Closing

November 24, 2026

Sale type

Assignment of contract

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