$399,000

For sale

#1216 2550 Simcoe Street, Oshawa (Windfields) - Single Family for Sale

#1216 2550 Simcoe Street, Oshawa (Windfields), Ontario, L1L0R5

3 beds2 baths1 parking850 ft²$657/mo condo feeListed 10 days ago

Overview

This 3-bedroom, 2-bathroom condo in Oshawa is for sale offering roughly 850 sq ft of space. Listed at $399,000, it is attractively priced about 23% below the $515,000 median asking price in Oshawa. It has been on the market 10 days, fresher than the Oshawa average of 57 days.

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Description

Welcome to Unit 1216 at 2550 Simcoe Street North, located in the sought-after Windfields community of North Oshawa. This contemporary condominium offers a fantastic opportunity for first-time homebuyers, professionals, or investors looking to own in a convenient and growing neighbourhood.Enjoy modern condo living with easy access to shopping, restaurants, parks, public transit, Durham College, and Ontario Tech University. Conveniently situated near Highway 407 and major commuter routes, this location offers excellent connectivity for everyday travel.Residents can enjoy building amenities designed for comfort, recreation, and convenience. Whether you're looking for a place to call home or an investment opportunity, this property offers the benefits of a well-connected community close to everyday essentials.Don't miss this opportunity to own in one of North Oshawa's popular condominium communities! (id:66096)

Property Details

MLS®: E14114804
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $657/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,420.9/yr
Listed: 10 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Oshawa (Windfields) listings, avg age

57d

Price / ft²

$470

List price

$399K

Homes here sell faster than most markets

Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Oshawa (Windfields) has been listed for 10 days, which is 47 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · IMRAN MEHDI GONDAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1L)

This home lists at $399,000, about 3.6× the local median household income of $112,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $112,000
Population: 12,976
Median age: 31.6
Owner / renter: 70% / 30%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L1L)

$399,000· $470/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$118/mo

Condo fee$657/mo

Total monthly$2,877

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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