844 Florell Drive, Oshawa

$599,000
844 Florell Drive

$599,000

New
8d
DetachedBungalow-Raised

844 Florell Drive, Oshawa

Total Monthly Obligation $3,182

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
8d
Score
19
Yield
5.1%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-E14088392
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-47 × 115 ft
Listed on site-Oct 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,694.52 (2026)
Parking-4 - Attached
Basement-Separate Entrance, Development Potential
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK EASTERN REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Donevan
Title-Residential Freehold

No agent assigned

Located in Oshawa's Donevan Neighbourhood, This Three Bedroom Raised Bungalow Offers Comfort and Convenience; Backing onto Harmony Village Park, While Only a Few Minutes Away From the 401Highway.Enjoy Nearby Amenities; Schools, Public Transit, Harmony Creek Ravine and Trail, Donevan Recreation Complex and Oshawa Aquatic Club, The Perfect Location for Families Awaits! Over 1500square feet of Total Living Space, Upstairs Bathroom Has Been Completely Renovated (2026)Basement Bathroom Renovated (2024) Hardwood Flooring Throughout, Sunny Spacious Living/Dining Area, Functional Kitchen, Separate Entrance to Basement w/ In-Law Potential, Cozy Family Room in Basement w/Gas Fireplace, Covered Back Porch, Perfect for Entertaining, Attached Single Car Garage, This Home has Great Bones and Lots of Potential, 10 Min Drive from Oshawa GO Station, 3Min Drive to 401 Exit, 15 Min Drive to 407, 1 Min Drive from Clara Hughes Public School, 3 Min Drive to Eastdale Collegiate,

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,182/mo
Mortgage $2,416
Monthly Loss $2,547
Principal$636
Interest$1,780
Property Tax$391
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.3/ 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
$30,744/yr
NOI
$18,475/yr
Net Cash Flow
-$877/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.5/ 100

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

Comparables

Properties near 844 Florell 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.

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.