2550 Simcoe Street N 502, Oshawa

$337,000
2550 Simcoe Street N 502

$337,000

New
20d
Condo ApartmentApartment

2550 Simcoe Street N 502, Oshawa

Total Monthly Obligation $2,324

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
20d
Score
19
Yield
6.4%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-E13858480
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 3, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,120 (2026)
Maintenance-$421/mo
Locker-Owned
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-META REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Windfields
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and modern 1-bedroom condo featuring an open-concept layout, stylish kitchen and dining area, spacious balcony with scenic views, in-suite laundry, designated parking, and a private locker. Located in a newly developed, vibrant community with excellent amenities including a state-of-the-art gym, games room, meeting room, visitor parking, and 24-hour security. Pet-friendly building conveniently located just minutes from Costco, FreshCo, gas stations, and RioCan Plaza, offering a variety of shopping, dining, and everyday amenities. An excellent opportunity for comfortable and convenient condo living. Book your showing today!

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

Closing Costs

Mortgage Amount
$269,600
Land Transfer Taxes$3,530
Legal Fees (Est.)
$
Total cash required for closing$72,430

Total Monthly Obligation

$2,324/mo
Mortgage $1,359
Monthly Loss $1,966
Principal$358
Interest$1,002
Property Tax$343
Condo Fees$421
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.7%17
10-Year IRR
8.4%
Returns Index
9.7/ 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
$21,492/yr
NOI
$7,771/yr
Net Cash Flow
-$712/mo
Cash Margin
-39.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
31.3/ 100

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

Comparables

Properties near 2550 Simcoe Street N 502

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.