1900 Simcoe St Street Unit 642, Oshawa

Price: $270,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: E12955988

Rare Opportunity at University Studios - With Parking! Welcome to 1900 Simcoe St N, Unit 642 - a modern suite in the highly sought-after University Studios building. Whether you're an investor or end-user, this is a fantastic opportunity in one of Oshawa's most in-demand student communities.Includes a highly coveted parking space - a rare and valuable feature in this building. Parking is extremely limited at University Studios, making this unit stand out significantly from others on the market.Ideally located just steps to Ontario Tech University and Durham College, this prime location offers unbeatable convenience and strong rental demand.The building features premium amenities designed for student living and modern convenience, including: Concierge service, Stylish social lounge & lobbyFour meeting/study rooms, Fully equipped fitness facility, Party room & outdoor terrace, BBQ area, EV charging station, Key fob controlled suite doors, Extra laundry facilities on each floor, An excellent opportunity to own in a high-demand academic hub - with the added bonus of rare on-site parking. (Photos are old.)

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$270,000 - 1900 Simcoe St Street Unit 642, Oshawa

Condo for Sale in Oshawa

76 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
E12955988
Property Type
Condo
Status
active
Days on Site
76
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Oshawa
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
JN REALTY
Description

Rare Opportunity at University Studios - With Parking! Welcome to 1900 Simcoe St N, Unit 642 - a modern suite in the highly sought-after University Studios building. Whether you're an investor or end-user, this is a fantastic opportunity in one of Oshawa's most in-demand student communities.Includes a highly coveted parking space - a rare and valuable feature in this building. Parking is extremely limited at University Studios, making this unit stand out significantly from others on the market.Ideally located just steps to Ontario Tech University and Durham College, this prime location offers unbeatable convenience and strong rental demand.The building features premium amenities designed for student living and modern convenience, including: Concierge service, Stylish social lounge & lobbyFour meeting/study rooms, Fully equipped fitness facility, Party room & outdoor terrace, BBQ area, EV charging station, Key fob controlled suite doors, Extra laundry facilities on each floor, An excellent opportunity to own in a high-demand academic hub - with the added bonus of rare on-site parking. (Photos are old.)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,385.24/mo

Includes CMHC insurance ($7,533)

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5-yr fixed avg.

Principal: $243,000Interest: $165,039
Mortgage Amount$250,533
Total Interest$165,039
Est. Property Tax$191/mo
Total Cost$415,572

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

1900 Simcoe St Street Unit 642, 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)
6.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$191
Insurance (est.)-$56
Net Cash Flow+$1,538

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

Negotiation Opportunity

At 76 days on site, this property has exceeded the typical selling timeline for Oshawa. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    1900 Simcoe St Street Unit 642, Oshawa | $270,000 | Battaglia Team