489 Crestwood Drive, Oshawa
Oshawa
$739,900
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Frank Real Estate
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Move In-Ready! This very well maintained 3-bedroom, 2-bathroom detached side-split offers the perfect blend of modern updates, functionality, and versatility. The entry level has a bright and inviting foyer featuring neutral tones, updated flooring, and a thoughtfully designed layout that flows seamlessly throughout the home. The spacious main level includes an updated kitchen, dining room, and living room with hardwood floors. Upstairs, you'll find three generously sized bedrooms with ample closet space and original hardwood floors as well as a 4 pc bath. The side-split layout offers versatile living space with defined yet open areas, ideal for a growing family, home office setup, or recreation space. Separate rear entrance to the home offers options to add an additional suite or in-law area. Situated in a desirable neighborhood close to schools, parks, shopping, and commuter routes, this detached home offers both lifestyle and location. Move-in ready and waiting for you to make it your own - don't miss this fantastic opportunity! High Efficiency Furnace with UV filter 2020, A/C 2023, Roof 2024
MississaugaInvestor.ca
489 Crestwood Drive
Detached · 3bd/2ba · ~1,300 sqft
$739,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.03%
Monthly Cash Flow
-$1,541/mo
Estimated Rent
$3,700/mo
Cash-on-Cash
-11.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,700 |
| Mortgage | −$3,406 |
| Property Tax | −$808 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$617 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$1,541/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,400 |
| Vacancy (5%) | −$2,220 |
| Property Tax | −$9,693 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,399 |
| Annual NOI | $22,388 |
| Cap Rate | 3.03% |
Cash Required to Close
| Down Payment (20%) | $147,980 |
| Ontario Land Transfer Tax | $11,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $162,253 |
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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