1589 Fieldgate Drive, Oshawa
Oshawa
$589,900
Cash flow, cap rate & mortgage breakdown
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Listed by Century 21 Infinity Realty Inc.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 1589 Fieldgate Drive, Oshawa! This all-brick raised-bungalow offers the perfect blend of comfort and functionality. Step inside to a welcoming foyer featuring 24" x 12" tile flooring, leading into a warm and inviting living space. The finished basement features a bedroom, bathroom, pot lights, and gas fireplace, making it ideal for extended family, guests, or a home office. Enjoy outdoor living in the fully fenced backyard with a spacious deck, perfect for entertaining or relaxing. Notable upgrades include a front door (2025), garage door (2025), furnace (2025), central air conditioner (2025), and owned hot water tank (2025), providing added value. Located in a family-friendly neighbourhood with an excellent selection of public and Catholic schools, including Sherwood P.S., Cedar Valley S.S., Maxwell Heights S.S., St. Anne Catholic School, and Paul Dwyer Catholic High School. Close to parks, restaurants, shopping, and all everyday amenities.***VIEW VIRTUAL TOUR***
MississaugaInvestor.ca
1589 Fieldgate Drive
Semi-Detached · 3bd/2ba · ~900 sqft
$589,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.58%
Monthly Cash Flow
-$1,939/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,715 |
| Property Tax | −$644 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$492 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,939/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$7,728 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$5,899 |
| Annual NOI | $9,323 |
| Cap Rate | 1.58% |
Cash Required to Close
| Down Payment (20%) | $117,980 |
| Ontario Land Transfer Tax | $8,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $129,253 |
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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