515 Ormond Drive, Oshawa

$888,900
515 Ormond Drive

$888,900

Price Change
22d
Detached2-Storey

515 Ormond Drive, Oshawa

Total Monthly Obligation $4,494

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
22d
Score
17
Yield
4.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-E13852704
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-39.37 × 104.99 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,403 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Crown North Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Samac
Title-Residential Freehold

No agent assigned

A family home that keeps on giving! Welcome to this exceptional, thoughtfully upgraded haven, situated in Oshawa's highly sought-after Samac community! Offering an impressive 3,002 sqft of total usable living space, including 1,891 sqft above grade plus an additional 1,111 sqft in the lower level. With over $200,000 in quality custom upgrades, this home offers multiple stations of engaging living. From the open-concept main floor which offers a large kitchen island where everyone gathers. Connected to a living and dining area with a walk-out option to a completely interlocked backyard. Be the best host with a custom built BBQ pit/counter that will keep the night going. This bright and airy layout also provides a family room with a fire place to kick your feet up, generously sized hallways, along with spacious bedrooms. The basement offers a wet-bar with a projector set-up for movie nights and a den that could be used as an office, along with a bedroom to rest. For added convenience, you have dual entry points to the backyard and tons of storage space in the double-car garage and storage room in the basement. Truly is an ideal space for everyday living and entertainment.

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

Closing Costs

Mortgage Amount
$711,120
Land Transfer Taxes$14,253
Legal Fees (Est.)
$
Total cash required for closing$193,533

Total Monthly Obligation

$4,494/mo
Mortgage $3,586
Monthly Loss $3,551
Principal$944
Interest$2,642
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%21
10-Year IRR
8.8%
Returns Index
12.0/ 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
$38,484/yr
NOI
$23,733/yr
Net Cash Flow
-$1,608/mo
Cash Margin
-50.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.2/ 100

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

Comparables

Properties near 515 Ormond 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.