$649,900 - 337 Simcoe Street Unit 401, Oshawa
Condo for Sale in Oshawa
- MLS Number
- E13146926
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Oshawa
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX Rouge River Realty Ltd.
Time for a Change ? Looking for a Community ? Want to Keep Your Furniture ? This 3 Bedroom 1683 Sq ft, Sun Filled Corner Suite with 3 Bathrooms (1 Ensuite) and Full Size En-Suite Laundry W/sink Is Your Answer ! A Spacious Balcony w/Composite Decking off the Eat-in Kitchen is Perfect for Morning Coffees. The Main Level Boasts 837 Sq Ft with A Very Large Living Room and Dining Room (474 Sq Ft ) is Perfect for Family Gatherings around The Fireplace ! The Upper Level Boasts 846 Sq Ft with a Primary Bedroom Features Wicc and a 2Pce En-suite Plus Sliding Doors to a Juliette Balcony. The 4 Pce Bath on this Level features In-Floor Heating, 2 Other Spacious Bedrooms on this level also with Sliding Doors and Juliette Balconies. Loads of Closets. Private Access Door to 5th Floor and ROOFTOP LOUNGE/SUNROOM with 2/Pce Bath (Think Golden Hour Sunset Cocktail Party) Amenities Include: Gym/Sauna and Shower, Party/Gathering Room, Equipment Workshop, Secure Underground Parking Space (16 Steps from Doorway), Car Wash Area & Convenient Storage Locker, Bicycle and Golf Club (Walk to Oshawa Golf and Curling Club) Storage Room. MAINTENANCE FEES INCLUDE ALL UTILITIES (Heating and Cooling, Hydro, Water and Sewer, Building Insurance, On-Site Superintendent), Convenient Location, Steps to Lake Ridge Hospital, Transit, Alexandra Park, Historic Parkwood Estate. This is a Gem of a Residence with a Sense of Community and Not to be Missed. *** CLICK VIRTUAL TOUR *** for Floorplans and More
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
337 Simcoe Street Unit 401, 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
Competitive Pricing
At $406/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 25 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.