2550 Simcoe Street Unit 407, Oshawa

Price: $469,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: E13158094

Welcome To UC Tower At 2550 Simcoe St N, Unit 407, By Tribute Communities, Located In Oshawa's Sought-After Windfields Neighbourhood. This Bright And Modern 4th-Floor Suite Offers 2 Bedrooms, 2 Full Bathrooms, And 660 Sq Ft Of Thoughtfully Designed Living Space, Complete With An Open Balcony Showcasing Clear North And East Views. A Rare Standout Feature Is The Inclusion Of One Owned Underground Parking Space. Ideally Situated Just Steps From Ontario Tech University, The Newly Opening High School In 2026, And Highway 407, This Location Offers Unmatched Convenience For Students, Professionals, And Investors Alike. The Unit Features A Contemporary Kitchen With Quartz Countertops, Stainless Steel Appliances, In-Suite Laundry, And An Efficient Open-Concept Layout Designed For Comfortable Living. Residents Enjoy Excellent Building Amenities, Including Concierge Service, A Fitness Centre, Bike Storage, And Elevators. Minutes To Costco, Walmart, Grocery Stores, Restaurants, Shopping, And Everyday Essentials, With Highway 407 Just Seconds Away For Easy Commuting.

2550 Simcoe Street Unit 407 - Condo photo 1 of 21 in Oshawa, Ontario
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$469,000 - 2550 Simcoe Street Unit 407, Oshawa

Condo for Sale in Oshawa

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
E13158094
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Oshawa
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Welcome To UC Tower At 2550 Simcoe St N, Unit 407, By Tribute Communities, Located In Oshawa's Sought-After Windfields Neighbourhood. This Bright And Modern 4th-Floor Suite Offers 2 Bedrooms, 2 Full Bathrooms, And 660 Sq Ft Of Thoughtfully Designed Living Space, Complete With An Open Balcony Showcasing Clear North And East Views. A Rare Standout Feature Is The Inclusion Of One Owned Underground Parking Space. Ideally Situated Just Steps From Ontario Tech University, The Newly Opening High School In 2026, And Highway 407, This Location Offers Unmatched Convenience For Students, Professionals, And Investors Alike. The Unit Features A Contemporary Kitchen With Quartz Countertops, Stainless Steel Appliances, In-Suite Laundry, And An Efficient Open-Concept Layout Designed For Comfortable Living. Residents Enjoy Excellent Building Amenities, Including Concierge Service, A Fitness Centre, Bike Storage, And Elevators. Minutes To Costco, Walmart, Grocery Stores, Restaurants, Shopping, And Everyday Essentials, With Highway 407 Just Seconds Away For Easy Commuting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,406.21/mo

Includes CMHC insurance ($13,085)

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5-yr fixed avg.

Principal: $422,100Interest: $286,679
Mortgage Amount$435,185
Total Interest$286,679
Est. Property Tax$332/mo
Total Cost$721,864

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

2550 Simcoe Street Unit 407, 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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$332
Insurance (est.)-$98
Net Cash Flow+$1,380

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 $782/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 28 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 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.

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# E13158094 — 2550 Simcoe Street Unit 407 | Battaglia Team