
18 Rowe Street, Oshawa
Oshawa
$609,990
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX EXPERTS
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
1
Days on Market
51
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 18 Rowe St! This charming 2.5-storey home is an excellent opportunity for first-time buyers looking for great value in a convenient location. Featuring 3 bedrooms, a formal dining room, and a bright living room with beautifully redone hardwood floors, this home offers warmth, character, and functionality throughout.The spacious kitchen includes a walk-out to a covered deck and fully fenced yard, perfect for relaxing, entertaining, or enjoying outdoor space. The upper loft provides excellent potential and is ready for your finishing touches to create additional living space, a home office, studio, or playroom.The lower level is partially finished with drywall and ceiling already completed, offering plenty of storage and future usable space. Recent updates include a 2017 roof, upgraded electrical from knob and tube in 2022, 2025 Updated Plumbing, 2026 furnace maintenance, 2026 AC maintenance, freshly painted interior, freshly painted doors, refreshed hardwood flooring, new mortise lock door knobs, newer windows, 3 Car driveway, and furnace.Located close to Highway 401, Minutes from Downtown Oshawa, shopping, transit, and everyday amenities, this home combines character, updates, and convenience at an attractive price point. Direct Bell/Rogers Fibe available. A fantastic opportunity to move in and make it your own!
MississaugaInvestor.ca
18 Rowe Street
Detached · 3bd/1ba · ~1,300 sqft
$609,990
Cash-Flow Report · August 2, 2026
Cap Rate
1.73%
Monthly Cash Flow
-$1,927/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-17.3%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,808 |
| Property Tax | −$666 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$508 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,927/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$7,991 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,100 |
| Annual NOI | $10,569 |
| Cap Rate | 1.73% |
Cash Required to Close
| Down Payment (20%) | $121,998 |
| Ontario Land Transfer Tax | $8,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $133,673 |
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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