1496 Simcoe Street, Oshawa
Oshawa
$780,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX CROSSROADS REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
JUST LISTED | 1496 Simcoe St N, Oshawa An incredible opportunity to own a prime property with outstanding future potential! Situated on a rare 50 x 323 ft deep lot, this is the perfect opportunity to enjoy a beautifully updated home today while planning for future redevelopment or building your dream home. Fully renovated with: Brand-new windows New roof,New heat pump & furnace New driveway with parking for up to 15 vehicles And much more! Located just minutes from Ontario Tech University and Durham College, with easy access to shopping, transit, restaurants, and major amenities.Whether you're an investor, builder, or homeowner, this is a property you don't want to miss!
MississaugaInvestor.ca
1496 Simcoe Street
Detached · 7bd/3ba · ~900 sqft
$780,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.8%
Monthly Cash Flow
-$2,420/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-16.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,590 |
| Property Tax | −$852 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$650 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$2,420/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$10,218 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,800 |
| Annual NOI | $14,052 |
| Cap Rate | 1.8% |
Cash Required to Close
| Down Payment (20%) | $156,000 |
| Ontario Land Transfer Tax | $12,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $171,075 |
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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