$510,000 - 2550 Simcoe Street Unit 715, Oshawa
Condo for Sale in Oshawa
68 days on market- MLS Number
- E12987068
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Oshawa
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to modern living in North Oshawa. This upgraded 2-bedroom, 2-bathroom suite offers 600+ sq. ft. of thoughtfully designed space, enhanced by a large private balcony with beautiful views and abundant natural light. Featuring 9-foot ceilings and floor-to-ceiling windows, the open-concept layout is bright, functional, and inviting. The contemporary kitchen is equipped with full-size stainless steel appliances, quartz countertops, a custom backsplash, and a dedicated workspace-perfect for today's work-from-home lifestyle. Both bedrooms are generously sized with large closets and expansive windows, while the primary suite is complete with a stylish glass-enclosed ensuite. Located in the sought-after UC Tower community, just a short distance to Ontario Tech University, Durham College, Costco, shopping, dining, transit, parks, and the vibrant Windfields district-making it an excellent opportunity for both end-users and investors alike. A perfect blend of style, comfort, and location.
Estimate your monthly payments for this property
Estimated Payment
$2,616.56/mo
Includes CMHC insurance ($14,229)
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.
2550 Simcoe Street Unit 715, 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
Fair Market Value
At $850/sqft, this property is priced in line with current Oshawa market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 68 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 600 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 $2,125 (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.