1398 Manitou Drive, Oshawa

$775,000
1398 Manitou Drive

$775,000

New
7d
Detached2-Storey

1398 Manitou Drive, Oshawa

Total Monthly Obligation $4,042

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
7d
Score
18
Yield
4.9%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-E14086554
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-45 × 118.5 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,494 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Samac
Title-Residential Freehold

No agent assigned

Spacious Samac Home with Finished Basement and Private Backyard! Welcome to 1398 Manitou Drive, a well maintained 3 bedroom, 3 bathroom home on a generous lot in Oshawa's Samac community. The main floor features a kitchen with granite countertops, stainless steel appliances and a spacious breakfast bar, along with a family room showcasing a brick gas fireplace and walkout to the deck. Separate living and dining rooms feature crown moulding, French doors and California shutters, while main floor laundry provides convenient access to the garage.Upstairs, the primary bedroom includes a walk in closet and 3 piece ensuite, with two additional bedrooms. The finished basement offers extra living space with a recreation room and separate games room. Outside, enjoy a beautiful backyard surrounded by mature trees and lush greenery, providing a private setting for outdoor relaxation and entertaining. The deck, shed and trampoline add to the backyard's appeal.Conveniently located near schools, parks, shopping, recreation and public transit, with approximately 5 minutes to Durham College and Ontario Tech University and 10 minutes to Highway 407, offering convenient access to education, everyday amenities and major routes.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$620,000
Land Transfer Taxes$11,975
Legal Fees (Est.)
$
Total cash required for closing$168,475

Total Monthly Obligation

$4,042/mo
Mortgage $3,126
Monthly Loss $3,220
Principal$823
Interest$2,303
Property Tax$541
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 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
$37,800/yr
NOI
$23,026/yr
Net Cash Flow
-$1,207/mo
Cash Margin
-38.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.1/ 100

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

Comparables

Properties near 1398 Manitou Drive

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.