1408 Aldergrove Court, Oshawa

$999,900
1408 Aldergrove Court

$999,900

New
30d
Detached2-Storey

1408 Aldergrove Court, Oshawa

Total Monthly Obligation $5,167

Beds
6
Baths
5
Park
6
Sqft
2500-3000
DOM
30d
Score
19
Yield
5.5%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-E13817548
Beds-6
Bathrooms-5
Size-2500-3000 sqft
Lot Size-75.72 × 110.72 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$9,101 (2025)
Parking-8 - Attached
Basement-Apartment, Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-M.R.S. REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Taunton
Title-Residential Freehold

No agent assigned

***Legal Basement Apartment*** Welcome To 1408 Aldergrove Court! Nestled On A Premium Cul-De-Sac Lot, This Stunning 4+2 Bed/5-Bath Home Offers The Perfect Blend Of Contemporary Living And Income Potential. Boasting Nearly 3000sqft Above-Grade & Built As The Last Home On a Cul-De-Sac. This Home Boasts An Array of Stunning Features Including an Entertainer's Kitchen, Open-Concept Living Spaces & Legal 2-Bedroom Basement Apartment. Here, You'll Enjoy Ultimate Convenience As Every Bedroom Above-Grade Boasts It's Own Ensuite or Semi-Ensuite Bath. The Open-Concept Family Room Is Adorned With a Cozy Gas Fireplace, Bright Windows & Transitions Seamlessly Into The Kitchen. The Eat-In Kitchen Is Complimented By A Large Kitchen Island, Wall-To-Wall Cupboards, Gas Stove & Steps Out To An Expansive Concrete Patio, Complete With a Generous Hard-Top Awning. Additional Convenience Includes Main Level Den, Direct Garage Access & 2nd Level Laundry. The Legal Basement Apartment Features It's Own Luxurious Kitchen, S/S Appliances, 2-Spacious Bedrooms, 1-Bathroom & Separate Laundry Facilities. Completely Self-Contained! Perfect For Multi-Generational Families Or As a Mortgage-Helper. Conveniently Located Near Durham College/UoIT, Public & Secondary Schools, Restaurants, Public Library, Skating Rink, Walking Trails, Shopping Centers & Cineplex Movie Theatre. The Basement is Currently Owner-Occupied And Will Be Vacant Upon Closing, Offering The Perfect Opportunity To Set Your Own Market Rent With A New Tenant.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,167/mo
Mortgage $4,033
Monthly Loss $4,105
Principal$1,061
Interest$2,972
Property Tax$758
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%42
10-Year IRR
11.4%
Returns Index
22.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$54,720/yr
NOI
$35,647/yr
Net Cash Flow
-$1,063/mo
Cash Margin
-23.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
19.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1408 Aldergrove Court

Time

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Data last updated within the past 24 hours.