$425,000

For sale

Book a showing

#809 2550 Simcoe Street North, Oshawa (Windfields) - Single Family for Sale

#809 2550 Simcoe Street North, Oshawa (Windfields), Ontario, L1L0R5

2 beds2 baths1 parking ft²

#324 385 Arctic Red Drive, Oshawa (Windfields), Ontario, L1L0M5

1 bd1 ba1 pk550 ft²+$429/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

#402 385 Arctic Red Drive, Oshawa (Windfields), Ontario, L1L0W9

For saleJust listed

4 days ago

$449K

#402 385 Arctic Red Drive, Oshawa (Windfields), Ontario, L1L0W9

1 bd1 ba2 pk550 ft²+$453/mo

Listed by SUTTON GROUP-HERITAGE REALTY INC.

#424 385 Arctic Red Drive, Oshawa (Windfields), Ontario, L1L0W9

For saleJust listed

6 days ago

$700K

#424 385 Arctic Red Drive, Oshawa (Windfields), Ontario, L1L0W9

2 bd2 ba1 pk1,100 ft²+$783/mo

Listed by RE/MAX METROPOLIS REALTY

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

For sale

11 days ago

$399K

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

3 bd2 ba1 pk850 ft²+$657/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$425,000

Oshawa

Book a showing

Overview

This 2-bedroom, 2-bathroom condo in Oshawa is for sale offering roughly 750 sq ft of space. Listed at $425,000, it is attractively priced about 17% below the $515,000 median asking price in Oshawa. It has been on the market 54 days, fresher than the Oshawa average of 57 days.

Condos for Sale in Oshawa →All real estate in Oshawa →

Description

Welcome to this stunning two-bedroom, two-bathroom condo, built in 2022! Featuring a modern kitchen with sleek quartz countertops, a stylish temporary backsplash, and built-in stainless steel appliances (including a dishwasher and fridge). Enjoy the convenience of being close to major amenities, including Costco, and easy access to highways 407 and 412. The building offers fantastic amenities such as a fitness room, a pet washing station, a theater room, a gas room, a party room, and even a dog park. Don't miss out on this beautiful, new-build home! (id:66096)

Market Timing

Days on market

54d

Oshawa (Windfields) listings, avg age

57d

Price / ft²

$567

List price

$425K

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.

Area context

Neighbourhood profile (L1L)

This home lists at $425,000, about 3.8× the local median household income of $112,000.

Carrying it typically needs a household income of about $83,017 (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)

$425,000· $567/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$380/mo

Condo fee$441/mo

Total monthly$3,059

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#809 2550 Simcoe Street North, Oshawa (Windfields) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L1L)

Book a showing

Full Cost Breakdown