2545 Simcoe Street Unit 917, Oshawa

Price: $595,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13118852

Welcome to your new home, where modern luxury meets thoughtful design. This beautifully appointed 2-bedroom, 2-bathroom suite features smooth-finished ceilings, elegant laminate flooring throughout, and large windows that fill the space with natural light. The sleek open-concept kitchen is designed for both style and functionality, offering stainless steel appliances, upgraded cabinetry, quartz countertops, a stainless steel undermount sink, and a contemporary tiled backsplash. The unit also features two full bathrooms, in-suite laundry, and 2 private balconies with unobstructed views. Residents of UC Towers enjoy premium amenities including a modern fitness centre, stylish party room, and 24/7 concierge service. Ideally located close to Ontario Tech University, Durham College, Highway 407, shopping, dining, and everyday essentials, this growing community also offers planned retail and commercial developments, along with parks, trails, and green spaces nearby. Experience elevated living in one of Oshawa's most vibrant and rapidly developing communities

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$595,000 - 2545 Simcoe Street Unit 917, Oshawa

Condo for Sale in Oshawa

31 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13118852
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to your new home, where modern luxury meets thoughtful design. This beautifully appointed 2-bedroom, 2-bathroom suite features smooth-finished ceilings, elegant laminate flooring throughout, and large windows that fill the space with natural light. The sleek open-concept kitchen is designed for both style and functionality, offering stainless steel appliances, upgraded cabinetry, quartz countertops, a stainless steel undermount sink, and a contemporary tiled backsplash. The unit also features two full bathrooms, in-suite laundry, and 2 private balconies with unobstructed views. Residents of UC Towers enjoy premium amenities including a modern fitness centre, stylish party room, and 24/7 concierge service. Ideally located close to Ontario Tech University, Durham College, Highway 407, shopping, dining, and everyday essentials, this growing community also offers planned retail and commercial developments, along with parks, trails, and green spaces nearby. Experience elevated living in one of Oshawa's most vibrant and rapidly developing communities

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,052.66/mo

Includes CMHC insurance ($16,601)

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5-yr fixed avg.

Principal: $535,500Interest: $363,697
Mortgage Amount$552,101
Total Interest$363,697
Est. Property Tax$421/mo
Total Cost$915,798

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 917, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$421
Insurance (est.)-$124
Net Cash Flow+$1,135

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 $744/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 31 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.

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 $2,479 (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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    MLS# E13118852 — 2545 Simcoe Street Unit 917, Os… | Battaglia Team