
397- 45 Icy Note Path, Oshawa
Oshawa
$605,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Exceptional value meets modern living in this beautifully designed Tribute-built 3-storey townhome offering approximately 1,842 sq. ft. in the highly sought-after Winfield's community of North Oshawa. Thoughtfully designed with a bright, open-concept layout, this home is filled with natural light from oversized windows and features elegant hardwood flooring throughout the living and dining areas. The spacious kitchen is ideal for everyday living and effortless entertaining, while 4 (four) generously sized bedrooms provide the flexibility today's families, professionals, and investors are looking for. Located just steps from Ontario Tech University and Durham College, this home is an outstanding opportunity for first-time buyers, growing families, or investors seeking excellent rental potential. Enjoy easy access to Hwy 407, public transit, shopping, parks, restaurants, and all the conveniences North Oshawa has to offer. Monthly fee includes garbage removal, snow removal, and ground maintenance for easy, low-maintenance living. **Motivated seller-priced to attract serious buyers and welcoming offers.** Don't miss this fantastic opportunity to own in one of North Oshawa's most desirable communities.
MississaugaInvestor.ca
397- 45 Icy Note Path
Att/Row/Townhouse · 4bd/3ba · ~1,750 sqft
$605,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.05%
Monthly Cash Flow
-$1,753/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-15.87%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,785 |
| Property Tax | −$661 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$504 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$1,753/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,926 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,050 |
| Annual NOI | $12,394 |
| Cap Rate | 2.05% |
Cash Required to Close
| Down Payment (20%) | $121,000 |
| Ontario Land Transfer Tax | $8,575 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $132,575 |
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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