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New5 days ago

307 - 1800 Simcoe Street N

Samac, Oshawa

$299,900

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

**Fully furnished studio apartment PLUS Owned reserved parking spot PLUS Owned large storage locker-RARELY OFFERED VALUE!** Calling Buyers and Investors! Check out this rarely offered turn-key fully furnished studio apartment with a reserved parking spot and a large storage locker that offers the perfect combination for comfortable, modern living in Durham Region! This bright, open concept unit offers free high-speed Internet, full sized in-suite laundry and a calm, clean and quiet low rise building. No need to wait ages for elevators or your favourite machine in the gym! Professionally managed building with highly responsive on-site building management team. Comes with great furniture & appliance package, internet, in-suite laundry, kitchen, & bathroom. Condo fee, heat, AC, mailbox, snow & garbage removal (from main bldg.) are included in the monthly condo maintenance fee. Water, gas (used mainly for water heater), hydro, owner and tenant insurance are not included. Perfectly located within North Oshawa approx. 4km to 407, 8km to 401, & 10km to Oshawa GO. < 5 min to UOIT and Durham College, all major shopping, grocery stores, cafes and restaurants! Nothing to do but move in! E&OE.

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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. Age6-10
Size0-499 sq. ft.
Maintenance Fees$269
LockerOwned
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,489
mls© NumberE13623898
Listed ByROYAL HERITAGE REALTY LTD.
Common Elements Included
Parking 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%
$1,535
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$135
Housing costs
$2,027 / mo

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

Down payment20% · $59,980
25-yr amortization

Income needed

$62,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$59,980

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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