$395,000

For sale

#407 2550 Simcoe Street North, Oshawa (Windfields) - Single Family for Sale

#407 2550 Simcoe Street North, Oshawa (Windfields), Ontario, L1L0R5

2 beds2 baths1 parking650 ft²$532/mo condo feeListed 61 days ago

Overview

This 2-bedroom, 2-bathroom condo in Oshawa is for sale offering roughly 650 sq ft of space. Listed at $395,000, it is attractively priced about 23% below the $515,000 median asking price in Oshawa.

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Description

Exceptional Living At Uc Tower By Tribute Communities In Vibrant Windfields. This Sunlit 4th-floor Residence Features An Open-concept 2-bedroom, 2-bathroom Layout Designed For Modern Comfort. Enjoy Morning Coffee On Your Private Balcony With Picturesque North And East Vistas. Highlighted By An Owned Parking Space, A Chef-inspired Kitchen With Quartz Counters, Stainless Steel Appliances, And Ample Cabinetry, Plus In-suite Laundry. Perfectly Suited For End-users Or Savvy Investors, Situated Steps From Ontario Tech University, Durham College, Top-tier Retail (Costco, Walmart), And Swift Highway 407 Access. Premium Amenities Include Concierge Service, A State-of-the-art Gym, And Bike Storage. (id:66096)

Property Details

MLS®: E13747880
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Covered, No Garage
Condo Fee: $532/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $4,532/yr
Listed: 61 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Concrete
Lot Features: Flat site, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

61d

Oshawa (Windfields) listings, avg age

56d

Price / ft²

$608

List price

$395K

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 2-bed single family in Oshawa (Windfields) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE/FUTURE REALTY INC. · KUMARESH LOGANATHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1L)

This home lists at $395,000, about 3.5× the local median household income of $112,000.

Carrying it typically needs a household income of about $77,157 (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)

$395,000· $608/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$378/mo

Condo fee$532/mo

Total monthly$2,990

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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