385 Arctic Red Drive 424, Oshawa

$725,000
385 Arctic Red Drive 424

$725,000

New
3d
Condo ApartmentApartment

385 Arctic Red Drive 424, Oshawa

Total Monthly Obligation $4,580

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
15
Yield
4.5%
Cash on Cash
-12.4%
Cap Rate
1.9%
5Y IRR
5.9%
10Y IRR
7.1%
Property Type-Condo Apartment
MLS® Number-E14100302
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$8,065.75 (2026)
Maintenance-$783.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Foundation-Poured Concrete
Possession-TBD
Neighbourhood-Windfields
Title-Residential Condo & Other

No agent assigned

Stunning 2-Bedroom Condo for Sale in the Heart of Oshawa. Welcome to this beautiful 1,143 sq. ft. 2-bedroom, 2-full-washroom end-unit condo, offering modern living, spacious interiors, and an astonishing surrounding view of nature and the golf course, offering breathtaking scenery and a peaceful, picturesque setting. The impressive 14 feet ceilings, walkout access to a L-shaped balcony wrapped around two sides of the unit and floor to ceiling window in the living/dining/kitchen are create a bright, open, and inviting atmosphere throughout the home. This well-maintained condo includes 1 underground parking space and 1 locker, providing excellent convenience and storage. Enjoy fantastic building amenities including a fully equipped gym, party/entertainment room, pet wash station, beautifully designed lobby, and visitor parking. Ideally located close to Costco, shopping, restaurants, schools, colleges, universities, and public transit, with easy access to Highways 401, 407, and 412. Surrounded by nature while still offering convenient access to everything you need, this condo is an excellent opportunity for anyone who is lookin for a place to call home. Don't miss the opportunity to make this beautiful Oshawa condo your new home!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$580,000
Land Transfer Taxes$10,975
Legal Fees (Est.)
$
Total cash required for closing$157,475

Total Monthly Obligation

$4,580/mo
Mortgage $2,924
Monthly Loss $3,810
Principal$770
Interest$2,155
Property Tax$672
Condo Fees$783
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.2%0
5-Year IRR
3.2%7
10-Year IRR
5.6%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$32,964/yr
NOI
$9,806/yr
Net Cash Flow
-$2,107/mo
Cash Margin
-76.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
17.8/ 100

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

Comparables

Properties near 385 Arctic Red Drive 424

Time

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Data last updated within the past 24 hours.