24 Nearco Crescent, Oshawa

Price: $590,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: E13168878

Modern 3-Storey Townhouse In Desirable North Oshawa. Built-in Single Car Garage With Direct Access Into Foyer, Long Driveway without sidewalk Can park 2 more cars. 2nd Floor Living & Dining Room W/O To Private Balcony. Pantry in Kitchen Area for plenty of storage. Ensuite Laundry. Energy Star Home. Minutes To Durham College/Ontario Tech University, 407, Shopping And Amenities, walking Distant to the RioCan Windfields: Retailers include: CostCo, FreshCo, Dollarama, LCBO, PetSmart, McDonalds, Tim Hortons and Service Canada.

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active
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$590,000 - 24 Nearco Crescent, Oshawa

Townhouse for Sale in Oshawa

2Beds
2Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
E13168878
Property Type
Townhouse
Status
active
Days on Site
25
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
RIGHT AT HOME REALTY
Description

Modern 3-Storey Townhouse In Desirable North Oshawa. Built-in Single Car Garage With Direct Access Into Foyer, Long Driveway without sidewalk Can park 2 more cars. 2nd Floor Living & Dining Room W/O To Private Balcony. Pantry in Kitchen Area for plenty of storage. Ensuite Laundry. Energy Star Home. Minutes To Durham College/Ontario Tech University, 407, Shopping And Amenities, walking Distant to the RioCan Windfields: Retailers include: CostCo, FreshCo, Dollarama, LCBO, PetSmart, McDonalds, Tim Hortons and Service Canada.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.01/mo

Includes CMHC insurance ($16,461)

$
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5%10%50%

5-yr fixed avg.

Principal: $531,000Interest: $360,641
Mortgage Amount$547,461
Total Interest$360,641
Est. Property Tax$418/mo
Total Cost$908,102

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

24 Nearco Crescent, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$1,659

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 $536/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 25 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oshawa have shown strong appreciation as families seek more space.

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 $2,458 (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.

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    24 Nearco Crescent, Oshawa | $590,000 | Battaglia Team