187 Park Road, Oshawa
Oshawa
$615,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/BAYVIEW REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
60
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Wonderful Opportunity For First Time Buyers Or Investors! This Charming 3 Bedroom, 2 Bath Home Sits On 207' Deep Lot & Has A Large Detached Garage With Hydro, Perfect For The Man Cave! The Cosy Basement Is Finished For Additional Living Space With A 2Pc Bath! Inviting Front Veranda, Hardwood Floors In The Living & Separate Dining Room With A Patio Door Leading To The Back Yard! Kitchen Also Has A Door To The Back Yard! Transit Practically At Your Door! New shingles 2026.
MississaugaInvestor.ca
187 Park Road
Detached · 4bd/2ba · ~1,300 sqft
$615,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.16%
Monthly Cash Flow
-$1,723/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-15.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,831 |
| Property Tax | −$671 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$513 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,723/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$8,057 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,150 |
| Annual NOI | $13,303 |
| Cap Rate | 2.16% |
Cash Required to Close
| Down Payment (20%) | $123,000 |
| Ontario Land Transfer Tax | $8,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $134,775 |
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
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