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New6 days ago

42 - 1740 Simcoe Street N

Samac, Oshawa

$389,900

Condo Townhouse |
3 | 3 | 0 | 0
About this home

Welcome to this spacious and modern 3-bedroom condo townhouse offering a functional layout and an excellent opportunity for homeowners and investors alike. A standout feature is that each of the three bedrooms has its own private 4-piece ensuite, providing exceptional privacy and convenience-an ideal setup for families, professionals, students or shared accommodations. The bright, open-concept living area features contemporary flooring and flows seamlessly into the kitchen, complete with stone counters, ample cabinetry, tiled backsplash and a large centre island with generous counter space for dining and entertaining. Enjoy the added bonus of private outdoor space with a long balcony, along with ensuite laundry, large windows providing plenty of natural light and a modern exterior. Conveniently located close to Ontario Tech University and Durham College, shops and many more amenities, this property offers excellent investment potential with a layout particularly well suited to student rentals. Whether you're looking for a place to call home or an investment opportunity near two major post-secondary institutions, this versatile condo townhouse is one you won't want to miss! *Photos Have Been Virtually Staged*

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Townhouse
StyleMulti-Level
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$532
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,680
mls© NumberE13835306
Listed ByUNION CAPITAL REALTY
Hydro Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,996
Property tax
$390
Heat allowance
$150
Condo fees, half counted
$266
Housing costs
$2,802 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $77,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,641 / mo
Cash down
$77,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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