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Listed 15 days ago

835 - 1900 Simcoe Street N

Samac, Oshawa

$249,000

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

Efficient top-floor studio at University Studios, next to the Ontario Tech University and Durham College north Oshawa campus at 2000 Simcoe Street North. This 8th-level suite has a south exposure, floor-to-ceiling windows and a city view, with an open studio layout, kitchenette, 3-piece bath and in-suite laundry. Offered fully furnished, and includes one owned surface parking space. Building amenities include a gym, party/meeting room, media/recreation room, bike storage and visitor parking. Maintenance fee includes common elements, building insurance and parking. Durham Region Transit PULSE 901 bus rapid transit operates on the Simcoe Street North corridor with a stop at Simcoe and Niagara, and GO Transit Route 52 serves Simcoe Street North with a connection to the Highway 407 Bus Terminal. Ontario Tech University reports the Highway 407 interchange at Simcoe Street is approximately three kilometres north of the campus. Costco at 100 Windfields Farm Drive East and the RioCan Windfields centre, with FreshCo, LCBO, Dollarama, Starbucks and Tim Hortons, are north on Simcoe Street North. A practical fit for investors, owner-occupiers, students and single professionals.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$362
LockerNone
BalconyNone
ExposureSouth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,694
mls© NumberE13681548
Listed ByROYAL LEPAGE ESTATE REALTY
Common Elements Included
Building Insurance Included
Parking 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%
$1,274
Property tax
$224
Heat allowance
$150
Condo fees, half counted
$181
Housing costs
$1,830 / mo

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

Down payment20% · $49,800
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,048 / mo
Cash down
$49,800

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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