576 Annandale Street, Oshawa
Oshawa
$689,900
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Frank Real Estate
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
60
Price Drop
8%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 576 Annandale Street-a masterclass in modern efficiency, structural integrity, and contemporary design. Situated in Oshawa's highly desirable Donevan community, this exceptional detached home is officially Energy Star Certified, having qualified for the maximum $10,600 Canada Greener Homes rebate and $40,000 loan initiative. Buyers will enjoy, fully serviced Mitsubishi Cold Climate Air Source Heat Pump system (2023) with 4 heads, paired with recently updated backup baseboard heaters and programmable thermostats. The entire home was wrapped in energy efficiency in 2024, featuring brand-new Energy Star "Most Efficient" windows (except 2small bsmt windows 2009), front entry door, and dual sliding patio doors, alongside an updated attic insulated to a massive R60 hybrid of spray foam and cellulose. Step inside to a bright, modern interior that has been completely repainted from top to bottom. The home boasts brand-new luxury vinyl plank (LVP) flooring stretching across the living room, bedrooms, stairs, and landings, accented by new baseboards, casings, and a trendy sliding barn door. The kitchen is ready for the home chef with a new sink, faucet, and sleek cabinet hardware (2025),complemented by a suite of matching appliances all under 6 years old. Both bathrooms have been beautifully refreshed in 2025 with brand-new toilets, upgraded modern light fixtures, and a brand-new lower shower stall. The exterior is equally impressive and built to last. Enjoy peace of mind with a newly repaved 4-car driveway (2024), new front chalet siding (2023), and updated rear siding (2024). The massive backyard oasis with fantastic views features a spectacular deck that was extensively re-engineered in 2024 with new boards, balusters, treads, heavy-duty posts, and joists for maximum stability. roof/soffit/fascia (2015), make this a flawless, turn-key opportunity! Large workshop in basement with laundry and Den with Dricore Insulated Subfloor currently used as bedroom.
MississaugaInvestor.ca
576 Annandale Street
Detached · 4bd/2ba · ~900 sqft
$689,900
Cash-Flow Report · August 3, 2026
Cap Rate
1.84%
Monthly Cash Flow
-$2,117/mo
Estimated Rent
$2,750/mo
Cash-on-Cash
-16.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,750 |
| Mortgage | −$3,176 |
| Property Tax | −$753 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$575 |
| Vacancy (5%) | −$138 |
| Cash Flow | -$2,117/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,000 |
| Vacancy (5%) | −$1,650 |
| Property Tax | −$9,038 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,899 |
| Annual NOI | $12,713 |
| Cap Rate | 1.84% |
Cash Required to Close
| Down Payment (20%) | $137,980 |
| Ontario Land Transfer Tax | $10,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $151,253 |
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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