1740 Simcoe Street N 42, Oshawa

$389,900
1740 Simcoe Street N 42

$389,900

New
25d
Condo TownhouseMulti-Level

1740 Simcoe Street N 42, Oshawa

Total Monthly Obligation $2,694

Beds
3
Baths
3
Park
0
Sqft
1000-1199
DOM
25d
Score
17
Yield
5.4%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
8.0%
Property Type-Condo Townhouse
MLS® Number-E13835306
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Sep 28, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Taxes-$4,680 (2025)
Maintenance-$531.64/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-UNION CAPITAL REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-1-29 days
Neighbourhood-Samac
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious and modern 3-bedroom condo townhouse offering a functional layout and an excellent opportunity for homeowners and investors alike. A standout feature is that each of the three bedrooms has its own private 4-piece ensuite, providing exceptional privacy and convenience-an ideal setup for families, professionals, students or shared accommodations. The bright, open-concept living area features contemporary flooring and flows seamlessly into the kitchen, complete with stone counters, ample cabinetry, tiled backsplash and a large centre island with generous counter space for dining and entertaining. Enjoy the added bonus of private outdoor space with a long balcony, along with ensuite laundry, large windows providing plenty of natural light and a modern exterior. Conveniently located close to Ontario Tech University and Durham College, shops and many more amenities, this property offers excellent investment potential with a layout particularly well suited to student rentals. Whether you're looking for a place to call home or an investment opportunity near two major post-secondary institutions, this versatile condo townhouse is one you won't want to miss! *Photos Have Been Virtually Staged*

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,694/mo
Mortgage $1,573
Monthly Loss $2,281
Principal$414
Interest$1,159
Property Tax$390
Condo Fees$532
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.5%7
10-Year IRR
5.9%
Returns Index
4.8/ 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
$21,000/yr
NOI
$5,440/yr
Net Cash Flow
-$1,119/mo
Cash Margin
-64.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
27.3/ 100

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

Comparables

Properties near 1740 Simcoe Street N 42

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.