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Listed 2 months ago

201 - 1800 Simcoe Street

Samac, Oshawa

$249,900

Condo Apartment |
0 | 1 | 0 | 0
About this home

Welcome to University Studios, a 4-storey low-rise condo situated in the heart of North Oshawa's vibrant University District! This opportune studio has been well cared for by its owner-occupant and offers a spacious, open-concept design featuring laminate flooring throughout, porcelain tile bathroom floors, granite kitchen counters, and stainless steel appliances. Move-in ready and fully furnished with a bed, desk and chair, dining set, TV, in-unit laundry cabinet, this unit is designed for convenience and comfort. Enjoy top-tier building amenities, including a gym, party room, rooftop lounge with BBQ area, and visitor parking. The location is unbeatable: steps from Ontario Tech University, Durham College, and a variety of dining options like Fat Bs Burrito, CoCo Tea & Juice, and Popeyes. Big-box stores like Costco and LCBO are just 5 minutes away, with multiple parks within a 15-minute walk. Public transit, including the GO Bus stop, is right at your doorstep, along with Shoppers Drug Mart, TD, RBC, and more. With affordable pricing, low maintenance fees, and high rental demand, this studio is the perfect choice for first-time buyers, and parents buying for their child.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$198
LockerNone
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,225
mls© NumberE13233768
Listed ByUNION CAPITAL REALTY
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,279
Property tax
$185
Heat allowance
$150
Condo fees, half counted
$99
Housing costs
$1,714 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $49,980
25-yr amortization

Income needed

$53,000

gross annual household income

Payment at 4%
$1,052 / mo
Cash down
$49,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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