247 Overbank Drive, Oshawa

$775,000
247 Overbank Drive

$775,000

Price Change
29d
Detached2-Storey

247 Overbank Drive, Oshawa

Total Monthly Obligation $4,043

Beds
3
Baths
4
Park
2
Sqft
1100-1500
DOM
29d
Score
17
Yield
4.4%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-E13823794
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-22.1 × 134.67 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,506.16 (2026)
Parking-3 - Attached
Basement-Finished with Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60 - 90 Days/TBD
Neighbourhood-McLaughlin
Title-Residential Freehold

No agent assigned

Welcome to this beautifully appointed 3 bedroom, 4 bathroom home where thoughtful design and inviting open concept living spaces come together. Beautifully Appointed with Elegant Finishes and Recessed Lighting creating a warm and sophisticated atmosphere. The chef inspired kitchen is a true showpiece, featuring custom backsplash, double undermout sink, quartz counters and stainless steel appliances, creating a refined and practical setting for both everyday living and entertaining. The spacious primary bedroom offers a walk-in closet and updated 2 piece ensuite. Enjoy the walkout from the main floor onto a spacious deck complete with natural gas BBQ hookup perfect to relax or entertain,while the finished basement provides a walkout overlooking a generous private backyard. Backing onto a beautiful green space, this home offers a wonderful sense of privacy and tranquility. Direct garage access offers exceptional everyday convenience, especially on busy days and in inclement weather. This is truly a special home that exudes pride of ownership.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$620,000
Land Transfer Taxes$11,975
Legal Fees (Est.)
$
Total cash required for closing$168,475

Total Monthly Obligation

$4,043/mo
Mortgage $3,126
Monthly Loss $3,221
Principal$823
Interest$2,303
Property Tax$542
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,440/yr
NOI
$19,990/yr
Net Cash Flow
-$1,460/mo
Cash Margin
-50.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.5/ 100

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

Comparables

Properties near 247 Overbank Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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