1207 Wilmington Avenue, Oshawa
Oshawa
$799,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX METROPOLIS REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
5
Days on Market
2
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 crafted, all-brick, north-facing home built by Medallion, located in the highly sought-after Kedron community just minutes from Hwy 407 and all essential amenities. Less than two years old, this impressive residence features a double car garage and an interlocked driveway, offering both style and convenience. Step through the grand double door entrance into approximately 3,100 sq ft of finished living space, showcasing a bright, open-concept layout with premium upgrades throughout. The main floor boasts 9-foot ceilings, abundant natural light, and a stunning two-sided fireplace that adds warmth and elegance to the living and dining areas. The spacious, thoughtfully designed kitchen features quartz countertops, a large center island, stainless steel appliances, and a double sink perfect for both everyday living and entertaining. A versatile in-law suite on the main level can easily serve as a fifth bedroom or a home office. Elegant oak stairs lead to the second level, where you'll find four generously sized bedrooms, each with access to a bathroom and ample closet space, along with the added convenience of an upper-level laundry room. The primary bedroom offers a luxurious 5-piece ensuite complete with double sinks, a soaker tub, and a frameless glass shower, as well as a large walk-in closet. A standout feature of this home is the partially finished walkout basement with large windows and a legal separate entrance ideal for potential rental income or multi-generational living. Additional highlights include interior garage access, a 200-amp electrical panel, a large cold cellar, and an expansive unfinished area ready to be customized to your needs. Ideally located close to major highways, top-rated schools, Durham College, Ontario Tech University, Costco, banks, parks, grocery stores, and recreation centers. Currently tenanted, generating $5,215 per month in rental income, an excellent opportunity for both investors and end users.
MississaugaInvestor.ca
1207 Wilmington Avenue
Detached · 6bd/5ba · ~2,750 sqft
$799,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.48%
Monthly Cash Flow
-$1,361/mo
Estimated Rent
$4,295/mo
Cash-on-Cash
-9.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,295 |
| Mortgage | −$3,678 |
| Property Tax | −$872 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$666 |
| Vacancy (5%) | −$215 |
| Cash Flow | -$1,361/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,540 |
| Vacancy (5%) | −$2,577 |
| Property Tax | −$10,467 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,990 |
| Annual NOI | $27,806 |
| Cap Rate | 3.48% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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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