283 Cordova Road, Oshawa

$749,000
283 Cordova Road

$749,000

New
23d
DetachedBungalow

283 Cordova Road, Oshawa

Total Monthly Obligation $3,793

Beds
6
Baths
3
Park
6
Sqft
1100-1500
DOM
23d
Score
20
Yield
5.4%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-E13845596
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50.04 × 173.23 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,756.36 (2025)
Parking-7 - Detached
Basement-Apartment, Full, Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Lakeview
Title-Residential Freehold

No agent assigned

Absolutely Stunning Detached Bungalow Featuring 3+3 Bedrooms, 1+1 Kitchens, And A Basement Apartment On A Premium 50 X 173 Ft Lot In A Prime Oshawa Neighbourhood! The Property Features 3 Bedrooms On The Main Level And 3 Bedrooms In The Basement, With Kitchens On Both Levels. A Total Of 7 Parking Spaces Including A Detached Garage. The Main Floor Offers Two Full Bathrooms (Including A Primary Ensuite), Quartz Countertops, Hardwood Flooring, Upgraded Finishes, Pot Lights, And Stainless Steel Appliances With Washer/Dryer. The Basement Features A Separate Entrance, One Full Bathroom, Large Above-Grade Windows, Vinyl Flooring, Quartz Countertops, Pot Lights, Stainless Steel Appliances, And Washer/Dryer. The Exterior Is Fully Landscaped, And The Oversized Backyard Offers Plenty Of Space For Entertaining Or Relaxing. Unbeatable Location In Oshawa! Minutes To Ontario Tech University, Highway 401, Public Transit, GO Station, Oshawa Centre, Schools, Parks, And More! A Perfect Opportunity For Large Families, Multi-Generational Living, Or Investors. Rent Out The Main Floor Unit And/Or Basement Suite, And Even The Detached Garage Separately For Maximum Income Potential!

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

Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,793/mo
Mortgage $3,021
Monthly Loss $2,998
Principal$795
Interest$2,226
Property Tax$396
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$40,500/yr
NOI
$27,194/yr
Net Cash Flow
-$755/mo
Cash Margin
-22.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
23.6/ 100

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

Comparables

Properties near 283 Cordova Road

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.