
2321- 2545 SIMCOE Street, Oshawa
Oshawa
$423,500
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX Rouge River Realty Ltd.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Exceptional opportunity to own in the highly sought-after U.C. Tower 2, located in Oshawa's vibrant Windfields community. This modern 1+1 bedroom, 1 bathroom suite combines stylish finishes, functional living, and unbeatable convenience, making it an excellent opportunity for first-time buyers, professionals, students, or investors alike. Enjoy an ideal location just steps from Ontario Tech University, Durham College, shopping, restaurants, public transit, parks, everyday amenities, and quick access to Highway 407. Positioned on the 23rd floor with desirable east-facing exposure, this bright and inviting unit offers expansive unobstructed views, while floor-to-ceiling windows flood the open-concept layout with natural light. The contemporary kitchen features quartz countertops, stainless steel appliances, sleek cabinetry, generous storage, and a functional design that flows seamlessly into the living and dining area, creating an ideal space for entertaining or relaxing. Step onto the private balcony to enjoy your morning coffee, take in the panoramic views, or unwind after a busy day. The spacious primary bedroom offers a generous closet and comfortable retreat, while the versatile den is perfectly suited for a home office, study area, reading nook, creative workspace, or occasional guest room. Additional features include in-suite laundry and an owned underground parking space, for secure, weather-protected parking year-round. Residents enjoy an exceptional collection of resort-style amenities, including two fully equipped fitness centres, a spin studio, yoga studio, business lounge, private study pods, co-working spaces, theatre room, games lounge, children's play area, outdoor terrace with BBQ stations, concierge service, guest suites, secure bike storage, a dog park, and a pet spa with dog wash. Offering exceptional amenities, a prime location, modern finishes, and outstanding value, this is a fantastic opportunity to own in one of Oshawa's premier communities.
MississaugaInvestor.ca
2321- 2545 SIMCOE Street
Condo Apartment · 2bd/1ba · ~650 sqft
$423,500
Cash-Flow Report · July 31, 2026
Cap Rate
1.74%
Monthly Cash Flow
-$1,333/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-17.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$1,949 |
| Property Tax | −$462 |
| Insurance | −$225 |
| Condo Fee | −$312 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$1,333/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$5,548 |
| Insurance | −$2,700 |
| Condo Fee | −$3,744 |
| Annual NOI | $7,388 |
| Cap Rate | 1.74% |
Cash Required to Close
| Down Payment (20%) | $84,700 |
| Ontario Land Transfer Tax | $4,945 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $92,645 |
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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