1179 Simcoe Street S
Farewell, Oshawa
$599,000
Legal Duplex In a Highly Desirable Neighbourhood. Great Opportunity for Investors and First time buyers. Cash Flow. Currently Both Tenanted. Walking Distance To The Beach, Lakefront, Parks & Nature Water Front Trails, Public Transit , Schools, And Shopping! Minutes To 401& 407! 24 Hours Notice Prior To Any Showing, No showing on Saturday.
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| Type | Semi-Detached |
| Style | Bungalow-Raised |
| Approx. Age | 31-50 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,797 |
| Lot Size | 32.6 ft x 112.82 ft |
| mls© Number | E13508454 |
| Listed By | MASTER`S TRUST REALTY INC. |
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%
- $3,066
- Property tax
- $316
- Heat allowance
- $150
- Housing costs
- $3,532 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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