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Listed 14 days ago

407 - 2550 Simcoe Street N

Windfields, Oshawa

$395,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$532
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeNone
Parking Spaces1
Parking FeaturesCovered, Private
Property Tax$4,532
mls© NumberE13747880
Listed ByHOMELIFE/FUTURE REALTY INC.
Common Elements 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%
$2,022
Property tax
$378
Heat allowance
$150
Condo fees, half counted
$266
Housing costs
$2,815 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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