256 Grooms Avenue, Oshawa

$599,900
256 Grooms Avenue

$599,900

New
2d
Detached2-Storey

256 Grooms Avenue, Oshawa

Total Monthly Obligation $3,139

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
2d
Score
22
Yield
5.8%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-E14102004
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33 × 110 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,127.39 (2026)
Parking-2 - None
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-45/60 Days
Neighbourhood-O'Neill
Title-Residential Freehold

No agent assigned

Beautiful brick Century home with 2+1 beds and 2 baths, within walking distance to the private Oshawa Golf Club and the hospital, Parkwood Estates, Robert McLaughlin Gallery, Botanical Gardens, Tennis Courts and Alexandra Park. Kitchen is open to the dining area and features a walkout to the Private backyard which faces west and has a large, two-tier covered deck. A separate side entrance leads to the basement laundry, recreation room and office. Second floor has a large four-piece bathroom; the principal bedroom includes a sitting room. Bonus: 200 amp service, knob & tube removed; Furnace (2017); Air Conditioning 2022.

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,139/mo
Mortgage $2,420
Monthly Loss $2,502
Principal$637
Interest$1,783
Property Tax$344
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$35,040/yr
NOI
$22,909/yr
Net Cash Flow
-$511/mo
Cash Margin
-17.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.6/ 100

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

Comparables

Properties near 256 Grooms Avenue

Time

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