NOW VACANT & Available immediately! Long-term tenants have officially moved out, meaning this property is now fully vacant, clean, and ready for immediate possession. Perfect for buyers looking to move right in, or investors wanting to set their own top-tier market rents with zero inherited tenancy! Easy to view anytime.Welcome to this detached bungalow in a convenient Oshawa location, just minutes from Hwy 401,Oshawa Centre, shopping, and major amenities. Located on a quiet residential street within an established neighbourhood, close to schools, parks, and everyday conveniences. Situated on a generous 5,000 sq ft lot with a spacious backyard, this property offers incredible upside potential. The main floor features a highly functional layout with 2 bedrooms and 1 bathroom, offering comfortable and bright living space. A finished attic loft provides additional flexible space-ideal for a home office, storage, or a bonus room. The basement features a separate side entrance and offers a strong in-law suite or future income potential. It includes one finished bedroom, space for further customization, and partially completed bathroom and laundry areas. Additional features include an upgraded 150-amp electrical service and a gas furnace updated within the last 1-2 years. This is a phenomenal opportunity to add value, customize to your needs, and secure a vacant detached home in a high-demand market! *For Additional Property Details Click The Brochure Icon Below*
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $571 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 547 Montrave Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spaces
Basement
Separate Entrance
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
547 Montrave Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14159808$399,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 547 Montrave Ave Compares to the Oshawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,965
/mo
based on the purchase price of $399,999
$80,000 cash
$319,999 financed
$269,523 total interest
Principal54%$319,999
Interest46%$269,523
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Oshawa
Other 1–3 bed homes for sale in Oshawa around $400K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio99.2%On average, homes sold below asking.
Active listings743Homes for sale here right now.
Median vs prior 90 days−4.0%Compared with May 11 – Aug 9, 2026: prices down.
Based on 664 sales from Aug 9 – Nov 7, 2026 (540 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 547 Montrave Ave
How much is 547 Montrave Ave listed for?
547 Montrave Ave is listed at $399,999 (MLS® E14159808). Summitly updates the price as soon as the MLS® record changes.
Is $399,999 a good price for 547 Montrave Ave?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Oshawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 547 Montrave Ave changed?
No — 547 Montrave Ave is still listed at its original asking price of $399,999.
How many bedrooms and bathrooms does 547 Montrave Ave have?
547 Montrave Ave has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Oshawa.
How much would the monthly mortgage be on 547 Montrave Ave?
About $1,965 a month — principal and interest on $399,999 with 20% down ($80,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 547 Montrave Ave compare with other homes in Oshawa?
Its asking price of $399,999 is about 39% below the median sold price in Oshawa over the last 90 days, $652,000, across 664 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 547 Montrave Ave been sold before?
Summitly has no earlier MLS® sale or lease of 547 Montrave Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 547 Montrave Ave?
547 Montrave Ave is in Oshawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 547 Montrave Ave been on the market?
547 Montrave Ave was listed today (November 7, 2026).
What is the price per square foot of 547 Montrave Ave?
About $364 to $571 per square foot: the asking price of $399,999 over the 700–1,100 sq ft the listing gives as its size range.
Does 547 Montrave Ave have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 547 Montrave Ave have a basement, and is it finished?
The listing describes the basement as: Separate Entrance.