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New2 days ago

610 - 2545 Simcoe Crescent N

Windfields, Oshawa

$379,900

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

**EXCEPTIONAL VALUE IN NORTH OSHAWA! AN EXCELLENT OPPORTUNITY FOR FIRST-TIME BUYERS AND SAVVY INVESTORS!** Why rent when you could own? Discover exceptional value at **U.C. Tower 2, 2545 Simcoe Street North, Unit 610**, in one of North Oshawa's growing communities! This modern, approximately **654 sq. ft. condominium features two bathrooms, a functional layout, and one parking space**, offering an attractive opportunity for first-time homebuyers, young professionals, and investors alike. **Vacant, freshly touched up, and move-in ready**, this well-maintained unit offers the convenience of immediate occupancy without the hassle of an existing tenancy. First-time buyers will appreciate the opportunity to build equity rather than continue renting, with potential monthly ownership costs that may be competitive with local rental rates, depending on financing and carrying costs. Investors will recognize the appeal of a turnkey property in a desirable North Oshawa location, with convenient access to Ontario Tech University, Durham College, shopping, restaurants, parks, public transit, and major commuter routes. Residents of this contemporary high-rise community can enjoy an appealing selection of building amenities, including outdoor terraces, BBQ areas, and spaces designed for relaxation and recreation. **Whether you're purchasing your first home, downsizing, or adding to your investment portfolio, this is an opportunity worth exploring!** Enjoy modern condominium living, a convenient location, and outstanding value at an attractive price. **Don't miss your chance to make Unit 610 your next home or investment!**

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$445
LockerNone
BalconyOpen
ExposureWest
Parking TypeOther
Parking Spaces1
Parking FeaturesSurface
Property Tax---
mls© NumberE14111086
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Common Elements Included
Building Insurance Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,945
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$223
Housing costs
$2,317 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $75,980
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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