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Price Change$579,900

520 Cromwell Avenue

Vanier, Oshawa

$649,900

Detached|1 1/2 Storey
3 | 3 | 4
About this home

Welcome to 520 Cromwell Ave, Oshawa - A rare opportunity to own a detached 3+1 bedroom home with stable rental income and occupancy flexibility. Located on a quiet, family-friendly street, this property features a functional layout, updated kitchen, renovated bathroom, spacious backyard, and comfortable living spaces. Currently occupied by long-term tenants of 5 years who have maintained the home well, paid rent on time, and cover all utilities, this property offers a great opportunity for investors seeking stable and cash-flow friendly rental income. Rental income can offset your monthly mortgage and property tax expenses. For buyers looking to make this their home, tenants are willing to vacate with proper notice, providing flexibility for future occupancy. Conveniently located close to schools, parks, shopping, and transit, 520 Cromwell Ave presents an excellent opportunity to own a detached home in a desirable Oshawa community.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,230
Lot Size59.67 ft x 120 ft
mls© NumberE13518732
Listed ByREMAX YOUR COMMUNITY REALTY

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%
$3,326
Property tax
$436
Heat allowance
$150
Housing costs
$3,912 / mo

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

Down payment20% · $129,980
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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