585 Grandview Street S, Oshawa

$779,000
585 Grandview Street S

$779,000

New
29d
DetachedBacksplit 4

585 Grandview Street S, Oshawa

Total Monthly Obligation $3,933

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
29d
Score
18
Yield
4.5%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-E13825828
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-45.01 × 111.3 ft
Listed on site-Sep 24, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$4,993.83 (2026)
Parking-5 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Concrete
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Donevan
Title-Residential Freehold

No agent assigned

Welcome to 585 Grandview a charming & versatile detached 4-level backsplit nestled on a mature, private lot in Oshawa's desirable Donevan neighbourhood. This well-maintained home offers a practical layout with 2 bedrooms on the upper level plus 2 additional bedrooms on the lower levels, providing excellent flexibility for a growing family, guests, a home office, or extended-family living. The main level features a bright and spacious living room with hardwood flooring, creating a comfortable gathering space with plenty of natural light. The kitchen offers generous cabinetry and workspace, along with stainless-steel appliances, tile flooring and crown moulding. The upper level offers a large primary bedroom with an impressive wall-to-wall closet, accompanied by a second spacious bedroom with ample storage. The lower level provides additional living space, including a large recreation room with a fireplace, creating a warm & inviting area for family entertaining or relaxation. A further bedroom and utility/storage space add to the home's functionality. One of the property's standout features is its mature, private setting backing onto a forested area, offering a peaceful natural backdrop that is increasingly difficult to find. it provides a good balance of outdoor space & manageable maintenance. The property also offers a private driveway, detached garage and approximately five total parking spaces, making it convenient for families with multiple vehicles or those requiring additional parking. It has upgraded electric panel to 200 AMPs &installation for Electric vehicles charging port in the garage. Located in Donevan, the home provides convenient access to everyday amenities, shopping, schools, parks and major transportation routes, including quick access to Highway 401. Nearby shopping & services are available around Grandview St/ Bloor St, making day-to-day errands convenient. With approximately $100,000 invested in upgrades. Don't miss this excellent opportunity.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$623,200
Land Transfer Taxes$12,055
Legal Fees (Est.)
$
Total cash required for closing$169,355

Total Monthly Obligation

$3,933/mo
Mortgage $3,142
Monthly Loss $3,107
Principal$827
Interest$2,315
Property Tax$416
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,896/yr
NOI
$21,913/yr
Net Cash Flow
-$1,316/mo
Cash Margin
-45.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
21.3/ 100

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

Comparables

Properties near 585 Grandview Street S

Time

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