2545 Simcoe Street Unit 2515, Oshawa

Price: $379,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13227524

Modern Living at the Brand-New Tribute UC Tower 1 Bed, 1 Bath + Parking**Welcome to this stylish, brand-new 1-bedroom, 1-bathroom condo with **1 parking space**, located in the heart of **North Oshawas rapidly growing community**. Designed for professionals, couples, or small families, this west-facing unit offers abundant **natural light** and a smart, functional layout perfect for both everyday living and entertaining.Enjoy open-concept living with modern finishes, and a bright, airy atmosphere throughout the day. Located just minutes from **Hwy 407**, commuting is a breeze. Youll also be steps from top retailers including **Walmart, Costco, Home Depot**, and other everyday essentials.**Included Appliances & Features:*** Stainless Steel Refrigerator* Built-in Electric Cooktop* Built-in Oven* Built-in Microwave with Hood Fan* Stacked Washer & Dryer. Don't miss the opportunity to live in one of North Oshawas most exciting new developments!

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active
New Listing
1/20

$379,000 - 2545 Simcoe Street Unit 2515, Oshawa

Condo for Sale in Oshawa

New — Listed 2 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13227524
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Modern Living at the Brand-New Tribute UC Tower 1 Bed, 1 Bath + Parking**Welcome to this stylish, brand-new 1-bedroom, 1-bathroom condo with **1 parking space**, located in the heart of **North Oshawas rapidly growing community**. Designed for professionals, couples, or small families, this west-facing unit offers abundant **natural light** and a smart, functional layout perfect for both everyday living and entertaining.Enjoy open-concept living with modern finishes, and a bright, airy atmosphere throughout the day. Located just minutes from **Hwy 407**, commuting is a breeze. Youll also be steps from top retailers including **Walmart, Costco, Home Depot**, and other everyday essentials.**Included Appliances & Features:*** Stainless Steel Refrigerator* Built-in Electric Cooktop* Built-in Oven* Built-in Microwave with Hood Fan* Stacked Washer & Dryer. Don't miss the opportunity to live in one of North Oshawas most exciting new developments!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,944.47/mo

Includes CMHC insurance ($10,574)

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5-yr fixed avg.

Principal: $341,100Interest: $231,666
Mortgage Amount$351,674
Total Interest$231,666
Est. Property Tax$268/mo
Total Cost$583,340

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

2545 Simcoe Street Unit 2515, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$268
Insurance (est.)-$79
Net Cash Flow+$1,128

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 $758/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Oshawa's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 500 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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    2545 Simcoe Street Unit 2515, O… — $379,000 | Battaglia Team