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Price Change$199,000

642 - 1900 Simcoe St Street N

Samac, Oshawa

$270,000

Condo Apartment |
0 | 1 | 1 | 0
About this home

Rare Opportunity at University Studios - With Parking! Welcome to 1900 Simcoe St N, Unit 642 - a modern suite in the highly sought-after University Studios building. Whether you're an investor or end-user, this is a fantastic opportunity in one of Oshawa's most in-demand student communities.Includes a highly coveted parking space - a rare and valuable feature in this building. Parking is extremely limited at University Studios, making this unit stand out significantly from others on the market.Ideally located just steps to Ontario Tech University and Durham College, this prime location offers unbeatable convenience and strong rental demand.The building features premium amenities designed for student living and modern convenience, including: Concierge service, Stylish social lounge & lobbyFour meeting/study rooms, Fully equipped fitness facility, Party room & outdoor terrace, BBQ area, EV charging station, Key fob controlled suite doors, Extra laundry facilities on each floor, An excellent opportunity to own in a high-demand academic hub - with the added bonus of rare on-site parking. (Photos are old.)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size0-499 sq. ft.
Maintenance Fees$362
LockerNone
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,576
mls© NumberE12955988
Listed ByJN REALTY
Parking Included
Building Insurance Included
Common Elements Included
CAC Included
Heat 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%
$1,382
Property tax
$215
Heat allowance
$150
Condo fees, half counted
$181
Housing costs
$1,928 / mo

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

Down payment20% · $54,000
25-yr amortization

Income needed

$59,000

gross annual household income

Payment at 4%
$1,136 / mo
Cash down
$54,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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