408 Simcoe Street N, Oshawa

$799,000
408 Simcoe Street N

$799,000

New
17d
Detached2 1/2 Storey

408 Simcoe Street N, Oshawa

Total Monthly Obligation $4,227

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
17d
Score
18
Yield
5.0%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-E13865754
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50 × 171.67 ft
Listed on site-Oct 6, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$7,545.89 (2026)
Parking-5 - Detached
Basement-Separate Entrance, Partially Finished
Heating-Radiant (Gas)
Brokerage-Coldwell Banker 2M Realty
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-30 Days/ TBA
Neighbourhood-O'Neill
Title-Residential Freehold

No agent assigned

Step back in time and discover a home with a story to tell! This stately 1922 Edwardian-style residence is brimming with charm, character, and original architectural details that are becoming increasingly difficult to find. Set in one of Oshawa's most established neighborhoods and backing directly onto Alexandra Park, this distinctive home offers exceptional space and endless possibilities for growing families, multi-generational living, or buyers looking to create something truly special. From the moment you arrive, you'll appreciate the presence and craftsmanship of this character-filled home. Highlights include three inviting porches, beautiful original wood trim and doors, impressive 10" baseboards, double French pocket doors, and timeless stained-glass windows. A separate side entrance to the basement adds further flexibility and potential. The location is hard to beat! Enjoy Alexandra Park right beyond your backyard, while Dr. S.J. Phillips Public School, O'Neill Collegiate & Vocational Institute, and Lakeridge Health Oshawa are all just a short 5-minute walk away. Ready for your decorating vision, this is an exciting opportunity to preserve the beauty and character of a bygone era while creating a home perfectly suited to your own style. Important updates include roof (2016), electrical (2015), gas furnace/boiler (2024), and some newer basement windows.A rare opportunity to own a spacious, character-filled century home in an exceptional Oshawa location.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,227/mo
Mortgage $3,223
Monthly Loss $3,379
Principal$848
Interest$2,375
Property Tax$629
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$40,296/yr
NOI
$24,221/yr
Net Cash Flow
-$1,205/mo
Cash Margin
-35.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.6/ 100

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

Comparables

Properties near 408 Simcoe Street N

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.