3531 Simcoe Street, Oshawa

Price: $679,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12900878

Welcome to prestigious Columbus living at its finest! This gorgeous 2 storey family sized home sits on a premium, oversized lot directly across from the scenic Columbus Golf Course, offering a rare blend of space, privacy, and location. Featuring an updated kitchen and the convenience of a main floor bathroom, this home is perfect for comfortable everyday living. Enjoy a large, private backyard, ideal for entertaining, relaxing, or whatever you can imagine! Located just minutes to the 407 for an easy commute and close to all the amenities of North Oshawa, this is a fantastic opportunity to own in one of the area's most desirable addresses.

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$679,000 - 3531 Simcoe Street, Oshawa

Detached for Sale in Oshawa

91 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12900878
Property Type
Detached
Status
active
Days on Site
91
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
Royal LePage Frank Real Estate
Description

Welcome to prestigious Columbus living at its finest! This gorgeous 2 storey family sized home sits on a premium, oversized lot directly across from the scenic Columbus Golf Course, offering a rare blend of space, privacy, and location. Featuring an updated kitchen and the convenience of a main floor bathroom, this home is perfect for comfortable everyday living. Enjoy a large, private backyard, ideal for entertaining, relaxing, or whatever you can imagine! Located just minutes to the 407 for an easy commute and close to all the amenities of North Oshawa, this is a fantastic opportunity to own in one of the area's most desirable addresses.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,483.62/mo

Includes CMHC insurance ($18,944)

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5-yr fixed avg.

Principal: $611,100Interest: $415,042
Mortgage Amount$630,044
Total Interest$415,042
Est. Property Tax$481/mo
Total Cost$1,045,087

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

3531 Simcoe Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$481
Insurance (est.)-$141
Net Cash Flow+$2,178

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 $617/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 91 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.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

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.

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 $2,829 (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.

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    3531 Simcoe Street, Oshawa | $679,000 | Battaglia Team