
418- 385 Arctic Red Drive, Oshawa
Oshawa
$599,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ACE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this stunning 2-bedroom, 2-bathroom condo with soaring high ceilings in the highly desirable Windfields community of North Oshawa. Showcasing a bright, open-concept layout, this beautifully designed Condo seamlessly blends style, comfort, and functionality. The modern kitchen flows effortlessly into the spacious living and dining area, creating the perfect setting for everyday living and entertaining. The spacious primary suite features a walk-in closet and a private ensuite, while the generously sized second bedroom also includes a walk-in closet, offering exceptional flexibility for family, guests, or a home office. Enjoy the convenience of in-suite laundry, one-level living, and a private balcony-ideal for relaxing with your morning coffee or unwinding after a busy day. Perfectly located just minutes from Ontario Tech University, Durham College, shopping, restaurants, parks, public transit, and major highways, this exceptional condo offers unbeatable convenience and outstanding value. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home presents an incredible opportunity to own in one of North Oshawa's fastest-growing and most sought-after communities. Don't miss your chance to make this exceptional property yours!
MississaugaInvestor.ca
418- 385 Arctic Red Drive
Condo Apartment · 2bd/2ba · ~1,100 sqft
$599,999
Cash-Flow Report · July 31, 2026
Cap Rate
0.41%
Monthly Cash Flow
-$2,557/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-23.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,762 |
| Property Tax | −$655 |
| Insurance | −$225 |
| Condo Fee | −$720 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$2,557/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$7,860 |
| Insurance | −$2,700 |
| Condo Fee | −$8,640 |
| Annual NOI | $2,460 |
| Cap Rate | 0.41% |
Cash Required to Close
| Down Payment (20%) | $119,999.8 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,474.8 |
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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