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Listed 2 months ago

401 - 1800 Simcoe Street N

Samac, Oshawa

$239,800

Condo Apartment |
0 | 1 | 0 | 0
About this home

Welcome to University Studios in North Oshawa's highly desirable University District! This bright and spacious studio condo features an open-concept layout, laminate flooring, granite countertops, stainless steel appliances, porcelain-tiled bathroom, and in-suite laundry. A fantastic opportunity for first-time buyers, investors, or parents seeking a turnkey property in a high-demand rental location with low maintenance fees and excellent long-term potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$187
LockerNone
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,210
mls© NumberE13468382
Listed ByRE/MAX REALTRON REALTY INC.
Building Insurance Included
Common Elements Included
Condo Taxes 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%
$1,227
Property tax
$184
Heat allowance
$150
Condo fees, half counted
$94
Housing costs
$1,655 / mo

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

Down payment20% · $47,960
25-yr amortization

Income needed

$51,000

gross annual household income

Payment at 4%
$1,009 / mo
Cash down
$47,960

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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