483 Ormond Drive, Oshawa
Oshawa
$799,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 PERCY FULTON LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
2
Bathrooms
2
Days on Market
95
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Stunning Newly Painted - Pot Lights - All - Brick Raised Bangalow in Desirable North Oshawa! Welcome to this beautifully updated 2 +1(Potential) bedroom, 2 bathroom raised bungalow featuring a charming Double Door Entry That Opens in to a specious, sun-filled Home. The main level boasts hardwood flooring , pot lights and a cozy fireplace, perfect for entertaining or relaxing. The Modern kitchen is a showstopper with granite countertops, new ceramic flooring, custom backsplash, modern cabinetry and a bright dinning area with ample natural light. Downstairs, the finished basement offers 9 ft celling, a second fireplace, full kitchen and a 4-piece bathroom includes luxury Jacuzzi Tub With a separate entrance making it ideal for extended family or potential rental income. Located in a sought- after North Oshawa neighborhood , just minutes from parks, shopping and recreation centers. Don't miss this turnkey Gem. Enjoy exceptional outdoor living with professionally landscaped front and back yard,featuring elegant interlocking stonework that charms and functionality.
MississaugaInvestor.ca
483 Ormond Drive
Detached · 2bd/2ba · ~1,300 sqft
$799,900
Cash-Flow Report · August 3, 2026
Cap Rate
2.11%
Monthly Cash Flow
-$2,274/mo
Estimated Rent
$3,340/mo
Cash-on-Cash
-15.55%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,340 |
| Mortgage | −$3,682 |
| Property Tax | −$873 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$167 |
| Cash Flow | -$2,274/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,080 |
| Vacancy (5%) | −$2,004 |
| Property Tax | −$10,479 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,999 |
| Annual NOI | $16,898 |
| Cap Rate | 2.11% |
Cash Required to Close
| Down Payment (20%) | $159,980 |
| Ontario Land Transfer Tax | $12,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.