$574,900 - 2545 Simcoe Street Unit 808, Oshawa
Condo for Sale in Oshawa
65 days on market- MLS Number
- E12993928
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Oshawa
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX IMPERIAL REALTY INC.
One of the most desirable modern residences in North Oshawa, this beautifully maintained 2-bedroom, 2-bathroom suite offers over 800 sq. ft. of bright, functional living space with a rare east-facing exposure and a spacious private balcony-perfect for enjoying morning sun and open views.Thoughtfully designed with an efficient, no-wasted-space layout, the unit features an open-concept living and dining area complemented by floor-to-ceiling windows that flood the space with natural light. The contemporary kitchen is equipped with stainless steel appliances, quartz countertops, and sleek cabinetry, seamlessly blending style and practicality. The split-bedroom design enhances privacy, making it ideal for families, professionals, or rental potential.Residents enjoy premium, resort-inspired amenities including a 24-hour concierge, elegant lobby, fully equipped fitness centre with weight and cardio rooms, yoga studio, party room, pet spa, business centre, guest suite, rooftop terrace garden with BBQ and lounge seating, and ample visitor parking.Strategically located just minutes to Durham College and Ontario Tech University, and steps to a newly developed plaza with restaurants, salons, LCBO, and retail shops. Costco and Costco Gas Station are conveniently next door. Easy access to Highways 407, 412, and 401 ensures seamless commuting. An excellent opportunity for end-users and investors alike, offering modern comfort, strong rental appeal, and long-term growth potential in one of Oshawa's fastest-growing communities.
Estimate your monthly payments for this property
Estimated Payment
$2,949.53/mo
Includes CMHC insurance ($16,040)
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.
2545 Simcoe Street Unit 808, 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 $719/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.
Negotiation Opportunity
At 65 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 800 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.
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 $2,395 (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.