
246 Mary Street, Oshawa
Oshawa
$599,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
4
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this well-maintained 3+1 bedroom, 4-bathroom home offering over three levels of finished living space in a desirable, family-friendly neighbourhood. Designed with both comfort and functionality in mind, the main floor features a bright, inviting layout with a walkout to a covered deck overlooking the private, fully fenced backyard-perfect for outdoor dining, entertaining, or relaxing. The upper level offers three spacious bedrooms, while the finished basement provides excellent additional living space with a large fourth bedroom, a 4-piece bathroom, and a generous recreation room, making it ideal for extended family, guests, a home office, or a growing family. Additional features include parking for up to 4 vehicles, ample living space, and a practical floor plan to suit a variety of lifestyles. Conveniently located close to schools, parks, shopping, restaurants, public transit, community centres, and everyday amenities, with easy access to major highways and downtown Oshawa. This move-in-ready home is an excellent opportunity for first-time buyers, growing families, or those looking for additional space in a convenient location.
MississaugaInvestor.ca
246 Mary Street
Semi-Detached · 4bd/4ba · ~1,300 sqft
$599,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.09%
Monthly Cash Flow
-$1,713/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-15.66%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,757 |
| Property Tax | −$654 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$499 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$1,713/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,847 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,990 |
| Annual NOI | $12,533 |
| Cap Rate | 2.09% |
Cash Required to Close
| Down Payment (20%) | $119,800 |
| Ontario Land Transfer Tax | $8,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,255 |
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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