Listed 8 days ago
1500 Simcoe Street N
Samac, Oshawa
$575,000
Detached|Bungalow
3 | 2 | 4
About this home
Detached bungalow in north Oshawa, just south of UOIT. As per MPAC 1017 f and built in 1961. Large 50' x 123' lot. Located north of Taunton Road on the west side. The house needs works and is sold "As Is" with no representation or warranties.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,529 |
| Lot Size | 50 ft x 323 ft |
| mls© Number | E13738554 |
| Listed By | RE/MAX Jazz INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,943
- Property tax
- $461
- Heat allowance
- $150
- Housing costs
- $3,554 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $115,000
25-yr amortization
Income needed
$109,000
gross annual household income
- Payment at 4%
- $2,420 / mo
- Cash down
- $115,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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