1178 Salmers Drive, Oshawa

$919,900
1178 Salmers Drive

$919,900

Price Change
28d
Detached2-Storey

1178 Salmers Drive, Oshawa

Total Monthly Obligation $4,813

Beds
4
Baths
5
Park
2
Sqft
2500-3000
DOM
28d
Score
17
Yield
4.8%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-E13831276
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-40.03 × 118.11 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$8,727.4 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CITY-PRO REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Taunton
Title-Residential Freehold

No agent assigned

Wow.... Tribute Ridgewood Model 2931 Sq Ft Built 2011 spotless detached Huge 4 Bedroom Home With 3 Full Baths On 2nd Floor, 1 half bath on main floor and 1 full bath in the basement. Ideal For big family. Large Open Concept Kitchen Overlooking Family Room With Fireplace Walk In Pantry And Separate Breakfast Area With Walk Out To Fully Fenced Backyard. Access To Garage From Main Floor. Large Living And Dining Room With Lots Of Natural Light. Upgraded Kitchen Cabinetry With Quartz. Main floor office and 2nd Floor Laundry. Close to parks, schools, bus transit, shopping, restaurants and many other amenities. Come and see before its sold...

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

Closing Costs

Mortgage Amount
$735,920
Land Transfer Taxes$14,873
Legal Fees (Est.)
$
Total cash required for closing$200,353

Total Monthly Obligation

$4,813/mo
Mortgage $3,711
Monthly Loss $3,836
Principal$976
Interest$2,734
Property Tax$727
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 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
$44,484/yr
NOI
$26,808/yr
Net Cash Flow
-$1,477/mo
Cash Margin
-39.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

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

Comparables

Properties near 1178 Salmers Drive

Time

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Data last updated within the past 24 hours.