
377 Adelaide Avenue, Oshawa
Oshawa
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE 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
Finished Basement
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
First Time Home Buyers special! Why buy a condo when you can buy this freehold detached house with a fully finished basement? This residence has been meticulously renovated from top to bottom in 2026, featuring a bright, open-concept layout where natural light flows effortlessly from all sides to create a warm, airy atmosphere. The gourmet kitchen is a true showpiece, boasting brand-new cabinetry (2026), sleek quartz countertops (2026), a modern backsplash (2026), and premium stainless steel appliances. It overlooks a massive living area perfect for entertaining. Every detail addresses modern comfort, including brand-new flooring throughout the entire home (2026), three newly installed windows (2026), and a fully finished basement (2026) that feels remarkably bright thanks to large, sun-filled windows. The home's mechanical and functional systems are equally impressive, featuring a brand-new furnace (2026) and waterheater (2026), along with two fully renovated, modern bathrooms (2026) and new pot lights throughout the house (2026). Situated on an expansive lot with a spacious backyard and parking for three vehicles, this home is surrounded by top-rated schools and all the essential amenities your family needs.
MississaugaInvestor.ca
377 Adelaide Avenue
Detached · 3bd/2ba · ~900 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.29%
Monthly Cash Flow
-$1,346/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-14.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,297 |
| Property Tax | −$545 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$416 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,346/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$6,537 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$4,990 |
| Annual NOI | $11,423 |
| Cap Rate | 2.29% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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