1720 Simcoe Street Unit 5, Oshawa

Price: $429,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13213888

Modern fully funrnished 3bedroom, 3bath stacked condo townhouse in Ontario's high demand University Towns Community. Each bedroom features it's own 4-piece ensuite, creating excellent privacy for students, investors, or first time buyers. The open concept kitchen offers a granite island, breakfast bar, tile backsplash, and stainless steel appliances, complemented by laminate flooring throughout. Steps to Ontario Tech University and Durham College, with quick access to Highway 407, Costco, transit, shops, and restaurants. Move-in or rent-ready in an A+ Location.

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active
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$429,000 - 1720 Simcoe Street Unit 5, Oshawa

Condo for Sale in Oshawa

3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13213888
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Modern fully funrnished 3bedroom, 3bath stacked condo townhouse in Ontario's high demand University Towns Community. Each bedroom features it's own 4-piece ensuite, creating excellent privacy for students, investors, or first time buyers. The open concept kitchen offers a granite island, breakfast bar, tile backsplash, and stainless steel appliances, complemented by laminate flooring throughout. Steps to Ontario Tech University and Durham College, with quick access to Highway 407, Costco, transit, shops, and restaurants. Move-in or rent-ready in an A+ Location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oshawa

Discover Oshawa

Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oshawa

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1720 Simcoe Street Unit 5, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$1,717

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $429/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1720 Simcoe Street Unit 5, Osha… — $429,000 | Battaglia Team