251 Elizabeth Street, Oshawa
Oshawa
$709,251
Cash flow, cap rate & mortgage breakdown
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Listed by Royal Heritage Realty Ltd.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully maintained 3-bedroom bungalow nestled in a family-friendly Oshawa neighbourhood, offering exceptional versatility, outstanding outdoor living, and an unbeatable location. Step inside to a bright and inviting main floor featuring three spacious bedrooms, a functional layout, and comfortable living spaces designed for everyday living. The fully finished lower level offers a self-contained 2-bedroom in-law suite with its own private entrance, making it an ideal setup for extended family, multi-generational living, or guests. Outside, you'll discover your own private backyard retreat complete with an above ground pool, mature trees, lush gardens, and beautifully landscaped grounds that create the perfect setting for entertaining or unwinding after a long day. The front yard is equally impressive with exceptional curb appeal and thoughtfully maintained gardens. Conveniently located close to parks, walking trails, schools, shopping, public transit, the GO Station, and with easy access to Highways 401 and 407, this home offers the perfect balance of comfort, convenience, and lifestyle. Whether you're looking for extra space for family or a move-in-ready bungalow in a sought-after neighbourhood, this home is one you won't want to miss! Owners and agent do not warrant the status of the basement in law suite. Complete foundation wrap around the house 2015/2016 with double insulated walls in basement.
MississaugaInvestor.ca
251 Elizabeth Street
Detached · 5bd/2ba · ~900 sqft
$709,251
Cash-Flow Report · August 2, 2026
Cap Rate
3.65%
Monthly Cash Flow
-$1,107/mo
Estimated Rent
$3,945/mo
Cash-on-Cash
-8.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,945 |
| Mortgage | −$3,265 |
| Property Tax | −$774 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$591 |
| Vacancy (5%) | −$197 |
| Cash Flow | -$1,107/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,340 |
| Vacancy (5%) | −$2,367 |
| Property Tax | −$9,291 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,093 |
| Annual NOI | $25,889 |
| Cap Rate | 3.65% |
Cash Required to Close
| Down Payment (20%) | $141,850.2 |
| Ontario Land Transfer Tax | $10,660 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $155,510.2 |
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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