2550 Simcoe Street Unit 515, Oshawa

Price: $400,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: E13245598

Looking For That Perfect Blend Of Space, Comfort, Amenities And Location, This 2-Bedroom, 2-Bathroom Condo Offers It All. A Bright, Convenient Lifestyle Close To Highway 407, Transit, Shopping, And Everyday Essentials. Designed For Easy Living, The Suite Features Open-Concept Principal Spaces That Bring The Kitchen, Dining, And Living Areas Together In A Clean, Functional Flow. Whether You Are Starting Your Morning, Hosting Friends, Or Winding Down At The End Of The Day, The Layout Keeps Everything Connected And Comfortable. Ensuite Laundry Adds Everyday Convenience, While 1 Parking Space Gives You The Practical Function Buyers Are Looking For. The East-Facing Balcony Extends Your Living Space Outdoors, Creating A Quiet Spot For Morning Coffee, Fresh Air, Or A Peaceful Start To The Day. Life At U.C. Tower Also Comes With Access To Thoughtful Building Amenities, Including An Enclosed Dog Run, Business Centre, Community BBQs, Guest Suite, Gym, Media Room, And Party Room. If You Are Looking For A Low-Maintenance Home With Modern Convenience, Useful Amenities, And Strong Access To The Places You Need Most, This Condo Is One To See.

2550 Simcoe Street Unit 515 - Condo photo 1 of 33 in Oshawa, Ontario
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active
New Listing
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$400,000 - 2550 Simcoe Street Unit 515, Oshawa

Condo for Sale in Oshawa

New — Listed 3 days ago
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
E13245598
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Oshawa
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
DAN PLOWMAN TEAM REALTY INC.
Description

Looking For That Perfect Blend Of Space, Comfort, Amenities And Location, This 2-Bedroom, 2-Bathroom Condo Offers It All. A Bright, Convenient Lifestyle Close To Highway 407, Transit, Shopping, And Everyday Essentials. Designed For Easy Living, The Suite Features Open-Concept Principal Spaces That Bring The Kitchen, Dining, And Living Areas Together In A Clean, Functional Flow. Whether You Are Starting Your Morning, Hosting Friends, Or Winding Down At The End Of The Day, The Layout Keeps Everything Connected And Comfortable. Ensuite Laundry Adds Everyday Convenience, While 1 Parking Space Gives You The Practical Function Buyers Are Looking For. The East-Facing Balcony Extends Your Living Space Outdoors, Creating A Quiet Spot For Morning Coffee, Fresh Air, Or A Peaceful Start To The Day. Life At U.C. Tower Also Comes With Access To Thoughtful Building Amenities, Including An Enclosed Dog Run, Business Centre, Community BBQs, Guest Suite, Gym, Media Room, And Party Room. If You Are Looking For A Low-Maintenance Home With Modern Convenience, Useful Amenities, And Strong Access To The Places You Need Most, This Condo Is One To See.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,052.21/mo

Includes CMHC insurance ($11,160)

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5-yr fixed avg.

Principal: $360,000Interest: $244,502
Mortgage Amount$371,160
Total Interest$244,502
Est. Property Tax$283/mo
Total Cost$615,662

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 515, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,444

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 $667/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 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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    2550 Simcoe Street Unit 515, Os… — $400,000 | Battaglia Team