$925,000 - 2033 Simcoe Street, Oshawa
Detached for Sale in Oshawa
- MLS Number
- E13148764
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oshawa
- Listing Brokerage
- Keller Williams Energy Real Estate
ATTENTION DEVELOPERS, BUILDERS & SAVVY INVESTORS! Incredible, high-demand development or income opportunity in the absolute heart of North Oshawa's intensification corridor. Situated on a prime 0.262-acre parcel on Simcoe St N, this property is located directly across from Durham College and Ontario Tech University and a few mins south of Hwy 407 on-ramps, boasting unbeatable visibility and premium student-housing appeal. The site is perfectly positioned for high-density residential or mixed-use commercial/residential development. Unparalleled precedent set to the north of this property with a submitted application for a 33-unit high-density stacked townhouse/apartment development highlighting the trend for massive intensification in the immediate vicinity. While you plan your landmark future development, capitalize on the massive immediate rental demand. The property features a solid immaculately maintained house plus a highly unique, detached bonus building at the rear, presenting an outstanding opportunity for a potential future Garden Suite or secondary income unit (subject to municipal approvals). Maximize your cash flow or student rental portfolio on day one while your site plans are finalized. Do not miss the opportunity to secure this location in Oshawa's fastest-growing academic hub.
Estimate your monthly payments for this property
Estimated Payment
$4,745.73/mo
Includes CMHC insurance ($25,808)
5-yr fixed avg.
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.
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
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.
2033 Simcoe Street, Oshawa
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $463/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 29 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.
Detached Home Advantages
Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
Investment Perspective
Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.