1090 Lockie Drive, Oshawa

$759,999
1090 Lockie Drive

$759,999

New
25d
Att/Row/Townhouse2-Storey

1090 Lockie Drive, Oshawa

Total Monthly Obligation $3,902

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
25d
Score
17
Yield
4.4%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Att/Row/Townhouse
MLS® Number-E13835094
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20.01 × 91.86 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,534 (2025)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kedron
Title-Residential Freehold

No agent assigned

Welcome to 1090 Lockie Drive, a newly built 3-bedroom, 3-bathroom freehold townhouse in the desirable and rapidly growing North Oshawa community. Designed for modern living, the bright and spacious main floor features an open-concept layout that seamlessly connects the kitchen, dining area, and living room. Large windows fill the space with natural light, creating a warm and inviting atmosphere for everyday living and entertaining. The contemporary kitchen overlooks the main living areas, while a walkout to the private yard extends the living space outdoors and provides an ideal setting for relaxing or hosting guests. Upstairs, the spacious primary bedroom offers a private 4-piece ensuite, creating a comfortable retreat. Two additional generously sized bedrooms provide excellent flexibility for a growing family, overnight guests, or a dedicated home office. Ideally located near schools, parks, cinemas, public transit, restaurants, shopping, Costco, Durham College, Ontario Tech University, and Highway 407, this property provides convenient access to everyday amenities and major commuter routes.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$607,999
Land Transfer Taxes$11,675
Legal Fees (Est.)
$
Total cash required for closing$165,175

Total Monthly Obligation

$3,902/mo
Mortgage $3,066
Monthly Loss $3,095
Principal$807
Interest$2,259
Property Tax$461
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,324/yr
NOI
$19,958/yr
Net Cash Flow
-$1,402/mo
Cash Margin
-50.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1090 Lockie Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.