2550 Simcoe Street N 318, Oshawa

$385,000
2550 Simcoe Street N 318

$385,000

New
22d
Condo ApartmentApartment

2550 Simcoe Street N 318, Oshawa

Total Monthly Obligation $2,670

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
22d
Score
19
Yield
6.8%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-E13847678
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,757.53 (2026)
Maintenance-$520.72/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-GALAXY STARS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Unknown
Foundation-Unknown
Possession-Flexible/Immediate/TBA
Neighbourhood-Windfields
Title-Residential Condo & Other

No agent assigned

PRICED TO SELL!! OFFERS ANYTIME!! Welcome to UC Tower 1 - A Very Recent Building With Multiple Upgrades. 2 Bedrooms, 2 Bathrooms, Large Balcony & 1 Parking Spot - This Very Spacious Unit With Open Concept Living Areas has been upgraded Throughout. The Primary Bedroom includes a Custom Bed with Custom Closets/Cabinets & Storage Surround and Pull out Night Table, Which Can Also Convert to an Office Desk. Extra Custom Cabinets & Storage In The Kitchen, Built-in Shoe Rack & Storage In The Foyer Plus A Double Closet. The Kitchen Also Has An Additional Row of Custom Cabinets & Other Built-ins.This Beautiful Condo is in a prime location with convenient amenities close to Grocery, Shopping, Costco plus Transit in front. Very close to the University and College. Short hop to Hwy 407. Amazing opportunity With Parking included. Unit Offers Custom Storage Throughout. Don't miss your chance to live in Urban Paradise! Set up a viewing today. Building Amenities Includes Spin Studio, Gym, Business Centre And Much More. Shows Very Well, Move-In Ready. (If Buyer Prefers, The Seller Is Willing To Remove The Murphy Bed & Any Cabinets Surrounding It & Fix & Repaint Any Holes In The Wall Behind It).

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

Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$2,670/mo
Mortgage $1,553
Monthly Loss $2,261
Principal$409
Interest$1,144
Property Tax$396
Condo Fees$521
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.9%22
10-Year IRR
9.2%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$26,100/yr
NOI
$10,084/yr
Net Cash Flow
-$713/mo
Cash Margin
-32.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.5/ 100

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

Comparables

Properties near 2550 Simcoe Street N 318

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.