189 Hibbert Avenue, Oshawa

$659,900
189 Hibbert Avenue

$659,900

New
3d
DetachedBungalow

189 Hibbert Avenue, Oshawa

Total Monthly Obligation $3,433

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
22
Yield
5.9%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-E14096624
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 107 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,757.53 (2026)
Parking-5 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-DORNAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60/90
Neighbourhood-Vanier
Title-Residential Freehold

No agent assigned

*Corner-lot three-bedroom bungalow with two-bedroom in-law suite, separate entrance, double-wide driveway & detached garage!* -- Welcome to 189 Hibbert Ave! Located in a quiet, mature and low-traffic Oshawa neighbourhood, this charming all-brick home offers exceptional versatility with a newly renovated two-bedroom basement suite featuring a separate entrance. Situated on a fantastic corner lot, the home features a double-wide driveway, covered front porch and fully fenced yard accented by beautiful brick pillars. The property also features a large detached garage with power, perfect for additional storage, a workshop or studio space. The main level offers a lovely, inviting layout with a beautiful kitchen loaded with cabinet space and a spacious living room featuring a fireplace and large west-facing windows that fills the space with natural light. Three spacious bedrooms, main floor laundry, and a renovated 3-piece bathroom that offers a modern walk-in shower. The interior has been freshly painted throughout, making the home move-in ready. The beautifully renovated lower level adds even more flexibility, with two bedrooms, kitchen, dining room, three-piece bathroom, washer & dryer, living area, and a separate entrance. Conveniently located close to the Oshawa Centre, major retail stores, schools, public transit, the Oshawa GO Station, Highway 401 and so much more. A fantastic opportunity in a well-established neighbourhood offering space, versatility and a great location. 200 amp service! -- A/C 2018, basement reno 2019, washer/dryer 2019, dishwasher 2024, whole house freshly painted, brand new carpets in bedrooms.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$527,920
Land Transfer Taxes$9,673
Legal Fees (Est.)
$
Total cash required for closing$143,153

Total Monthly Obligation

$3,433/mo
Mortgage $2,662
Monthly Loss $2,733
Principal$700
Interest$1,961
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.4%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,856/yr
NOI
$25,713/yr
Net Cash Flow
-$519/mo
Cash Margin
-16.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
26.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 189 Hibbert Avenue

Time

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