$210,000

For saleJust listed

#625 1900 Simcoe Street North, Oshawa (Samac) - Single Family for Sale

#625 1900 Simcoe Street North, Oshawa (Samac), Ontario, L1G4Y3

0 beds1 bath0 parking250 ft²$297/mo condo feeListed 6 days ago

Overview

This 1-bathroom condo in Oshawa is for sale offering roughly 250 sq ft of space. It has been on the market 6 days, fresher than the Oshawa average of 59 days.

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Description

Welcome To Unit 625 at 1900 Simcoe Street North - An Outstanding Investment Opportunity In The Heart Of North Oshawa! This Bright, Fully Furnished, North-Facing Bachelor Suite On The 6th Floor Is Ideally Positioned Just Minutes From Ontario Tech University And Durham College, Making It An Attractive Option For Investors Seeking To Capitalize On The Area's Student And Professional Rental Market. Featuring A Functional Layout, Stainless Steel Appliances, Existing Furnishings, And Beautiful North-Facing Views, This Move-In-Ready Unit Offers The Convenience And Appeal Tenants Are Looking For. The Location Is A Major Advantage, With Shops, Everyday Amenities, And Public Transit Connections Nearby. Residents Also Enjoy An Impressive Selection Of Building Amenities, Including Concierge Service, An On-Site Fitness Centre, A Stylish Lounge, A Rooftop BBQ Area, And A Party/Meeting Room, Along With Visitor Parking. Whether You're Expanding Your Investment Portfolio, Purchasing Your First Income Property, Or Seeking A Convenient Home Near Campus, This Fully Furnished Suite Presents An Exciting Opportunity In A Sought-After North Oshawa Location. With Its Proximity To Two Major Post-Secondary Institutions And Its Desirable Building Amenities, This Property Deserves A Closer Look! (id:66096)

Property Details

MLS®: E14128612
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: No Garage, Street
Condo Fee: $297/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $2,599.31/yr
Listed: 6 days ago

Rooms

Main level

Living room: 4.1 x 3.2 meters
Kitchen: 4.1 x 3.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oshawa (Samac) listings, avg age

59d

Price / ft²

$842

List price

$210K

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 single family in Oshawa (Samac) has been listed for 6 days, which is 53 days fresher than the city average of 59. Act while there is still low competition.

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Listed by DAN PLOWMAN TEAM REALTY INC. · DAN PLOWMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L1G)

This home lists at $210,000, about 2.8× the local median household income of $75,500.

Carrying it typically needs a household income of about $41,020 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,500
Population: 43,497
Median age: 43.2
Owner / renter: 56% / 44%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L1G)

$210,000· $842/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $10,500

Min 5%50%

Mortgage payment$1,106/mo

↳ CMHC premium ($7,980 capitalized)

Property tax (est.)$217/mo

Condo fee$297/mo

Total monthly$1,620

Cash Needed to Close

Down payment (5%)$10,500

Land transfer tax$1,825

Est. closing costs$3,130

Total cash needed$15,455

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