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Listed 2 months ago

827 - 1900 Simcoe Street N

Samac, Oshawa

$249,000

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

Are you searching for the perfect investment opportunity or a comfortable home for a student or young professional? Look no further. This stylish bachelor suite is located in a prime North Oshawa neighborhood, just minutes from Ontario Tech University and Durham College. The unit offers exceptional convenience as well as modern living and ideally situated within walking distance to Durham College, Ontario Tech, Costco, and a wide variety of shops and services. Whether you are an investor seeking strong rental potential or a buyer looking for a well-located, turnkey home, this unit offers the perfect blend of comfort, location, and value. A rare opportunity not to be missed.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$297
LockerNone
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,546
mls© NumberE13450522
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.
Heat 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%
$1,274
Property tax
$212
Heat allowance
$150
Condo fees, half counted
$148
Housing costs
$1,785 / mo

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

Down payment20% · $49,800
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$1,048 / mo
Cash down
$49,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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