$545,000 - 2550 Simcoe Street Unit 718, Oshawa
Condo for Sale in Oshawa
108 days on market- MLS Number
- E12642454
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oshawa
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- Royal LePage Frank Real Estate
Experience modern living in this stylish 2-bedroom, 2-bathroom condo in North Oshawa's sought-after Winfield's community! This unit features a split-bedroom layout for enhanced privacy with a bright, open-concept living area and 718 sq ft of thoughtfully designed space. Soak in breathtaking sunset views from your expansive 147 sq ft west-facing balcony, perfect for relaxing or entertaining. The contemporary kitchen is both stylish and functional, equipped with stainless steel appliances, quartz countertops, and a modern backsplash. Durable, low-maintenance vinyl flooring throughout adds both practicality and contemporary appeal. The primary bedroom has a private 3-piece ensuite, while the second bedroom enjoys easy access to a 4-piece family bath. This Tribute-built condo offers exceptional amenities, including two fitness areas with cardio, weights, yoga/stretch, and a spin studio, a rooftop terrace with BBQs and lounge seating, a games room, a theatre, a business centre with a lounge and boardroom, a social lounge with free Wi-Fi, and guest suites. Residents also benefit from concierge service, security, visitor parking, bike storage, and a dog park. Conveniently located in the heart of Winfield's, this vibrant North Oshawa community is just minutes from Ontario Tech University and Durham College. It has easy access to Hwy 407, major transit routes, shopping, dining, and entertainment. Enjoy the convenience of Costco, Fresco, Starbucks, and popular eateries like The Canadian Brewhouse-all within walking distance. This lovely condo, complete with an included surface parking spot, is the ideal mix of urban convenience and modern comfort. Don't miss your chance to call this home-book your showing and see it today!
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,206)
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 718, Oshawa
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $779/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 108 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 700 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 $2,271 (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.