390 Mary Street N, Oshawa

$899,900
390 Mary Street N

$899,900

New
2d
Detached2 1/2 Storey

390 Mary Street N, Oshawa

Total Monthly Obligation $4,652

Beds
6
Baths
3
Park
3
Sqft
1500-2000
DOM
2d
Score
16
Yield
3.9%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-E14101730
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40 × 144.54 ft
Listed on site-Oct 21, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$7,766.44 (2026)
Parking-5 - Detached
Basement-Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air, Other
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Brick, Stucco (Plaster)
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-O'Neill
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated 2 1/2-storey home, ideally situated in a fabulous area of tree-lined streets and well within excellent school districts! Offering a versatile layout with plenty of space for the whole family, the main and second floor of this home features an eat-in kitchen, 2 bedrooms and 2 full bathrooms, along with a finished basement providing even more room for guests/ teens, entertain, or work from home. One of the home's standout features is the amazing second suite spanning the back of the second and all of the third floors, offering an open-concept kitchen and living room with an electric fireplace, it's own washer & dryer, 2 more bedrooms and a full bathroom. Perfect for extended family, multi-generational living, guests, or added flexibility to suit your needs. Outside, enjoy a large lot with plenty of room to play, entertain, or simply unwind. Perfect area for kids to safely play street hockey, basketball, etc. and the little ones to ride their bikes! The oversized 2-car garage provides exceptional space for parking, storage, hobbies, and more. With its updated finishes, flexible living space, bright second suite, generous lot, and sought-after location close to great schools and everyday amenities, this home offers a wonderful combination of comfort, convenience, and versatility. A fantastic opportunity for families looking for room to grow and space for everyone! Two electrical panels, two hot water tanks. The two rooms in the basement are presently being used as bedrooms with large windows but no closets. Two separate units, there is no access to the second suite from the main house. Would suit families with out of town students looking to share a house or out of town hospital or court staff. Easy walk to downtown campuses and Lakeridge Health. Updated and move in ready. Includes 2 fridges, 2 stoves, 2 B/I microwaves, 2 dishwashers, 2 washers & 2 dryers.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,652/mo
Mortgage $3,630
Monthly Loss $3,697
Principal$955
Interest$2,675
Property Tax$647
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,100/yr
NOI
$19,324/yr
Net Cash Flow
-$2,020/mo
Cash Margin
-69.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.2/ 100

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

Comparables

Properties near 390 Mary Street N

Time

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