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1 / 0
New3 days ago

18 - 221 Ormond Drive

Samac, Oshawa

$485,000

Condo Townhouse |
3 | 2 | 2 | 0
About this home

** First time home buyer friendly ** 221 Ormond Dr Unit 18, Newly renovated and spanning over 1,500 sqft of living space including a fully finished basement, this functionally laid out 2-storey townhome is one you do not want to miss. Freshly painted with updated flooring, modern kitchen, finished basement with powder room, and a private backyard that you simply can't find at this price point. Take advantage of this move-in ready home along with the space and peace of mind that comes with a well maintained and established community. Metro, Starbucks & Giant Tiger less than a 2 minute drive away, Costco 10 minutes north, and for commuting to the city you have easy access to the 407 or enjoy an incredibly efficient 45 minute commute to Downtown Toronto. Seller is open to RTO (rent-to-own) the property, under certain conditions. Ductless heating: updated 2021. HVAC/AC: updated 2026.

Extras

No extras listed.

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Open houses

  • Sat, Sep 19

    2:00 PM – 4:00 PM

  • Sun, Sep 20

    2:00 PM – 4:00 PM

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$564
LockerNone
BalconyNone
ExposureWest
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$3,151
mls© NumberE13788924
Listed ByRARE REAL ESTATE
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$2,482
Property tax
$263
Heat allowance
$150
Condo fees, half counted
$282
Housing costs
$3,177 / mo

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

Down payment20% · $97,000
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

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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Comparable sales

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