68 Overbank Drive, Oshawa
Oshawa
$719,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 68 Overbank Drive, a beautifully updated detached 4-level backsplit located in Oshawa's highly sought-after McLaughlin community. Ideally situated close to the Oshawa Golf Club, Lakeridge Health, top-rated schools, shopping, transit, and everyday amenities. This move-in ready home offers 3 generously sized bedrooms and 2 renovated bathrooms, with fresh paint throughout creating a bright and inviting atmosphere. The main level features hardwood flooring, pot lights, and a stunning renovated kitchen complete with quartz countertops and backsplash, stainless steel appliances, a large centre island with built-in beverage fridge, and a walkout to your own private backyard oasis. Enjoy summer days entertaining family and friends with a heated in-ground pool, hot tub, and beautifully landscaped gardens. The spacious lower-level family room boasts a cozy gas fireplace, large above-grade windows that flood the space with natural light, and a renovated 3-piece bathroom, making it the perfect space to relax or host guests. Don't miss your chance to own this thoughtfully updated home in one of Oshawa's most established and desirable neighbourhoods.
MississaugaInvestor.ca
68 Overbank Drive
Detached · 3bd/2ba · ~1,300 sqft
$719,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.27%
Monthly Cash Flow
-$2,550/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-19.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$3,314 |
| Property Tax | −$786 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$600 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$2,550/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$9,431 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,199 |
| Annual NOI | $9,170 |
| Cap Rate | 1.27% |
Cash Required to Close
| Down Payment (20%) | $143,980 |
| Ontario Land Transfer Tax | $10,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $157,853 |
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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