700 Grierson Street, Oshawa

$869,000
700 Grierson Street

$869,000

New
16d
DetachedBungalow

700 Grierson Street, Oshawa

Total Monthly Obligation $4,416

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.8%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-E13872152
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 137 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,427.4 (2026)
Parking-5 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBD/ Flexible
Neighbourhood-Centennial
Title-Residential Freehold

No agent assigned

Welcome to this charming 3-bedroom, 2-bath ranch bungalow nestled in a fabulous, highly sought-after neighbourhood! Thoughtfully updated throughout, this inviting home blends classic bungalow appeal with modern comfort, featuring a beautifully renovated kitchen, updated bathrooms including heated floor in the main bath, and a fully renovated basement offering valuable additional living space. The bright and versatile 3-season sunroom addition is a wonderful bonus - perfect for morning coffee or simply enjoying views of the backyard. The finished lower level offers even more room for family, guests, recreation, or hobbies, with the convenience of a separate entrance and endless possibilities for flexible living. Step outside to enjoy the deep, private backyard with western exposure - an ideal setting for afternoon and evening sunshine, gardening, entertaining, or simply relaxing outdoors. You'll love the custom 12X9 shed, great for additional storage or add hydro and make it a workshop or hobby shed! The drive-through garage adds exceptional convenience and functionality, while the absence of a sidewalk means one less thing to shovel in the winter! Location is the true standout. Enjoy an incredible walkable lifestyle with schools, parks, trails, the hospital, shopping, dining, and everyday amenities all close by. Whether you're a growing family, downsizing, or looking for a home in a fantastic established community, this well-maintained, thoughtfully renovated bungalow checks all the boxes. Updates: eaves at the back of the house '25, 3-season sunroom, front bedroom windows, basement, kitchen & appliances, garage door with remote for front door, baths, gas fireplace, chimney cap, electrical (200AMP) all 2021. Leaf guards, custom blinds (blackout in the bedrooms), SMART thermostat. Shingles approx 12 years ago. Gas furnace with humidifier & A/C approx 14 years.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$695,200
Land Transfer Taxes$13,855
Legal Fees (Est.)
$
Total cash required for closing$189,155

Total Monthly Obligation

$4,416/mo
Mortgage $3,505
Monthly Loss $3,494
Principal$922
Interest$2,583
Property Tax$536
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.3/ 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
$42,000/yr
NOI
$26,873/yr
Net Cash Flow
-$1,266/mo
Cash Margin
-36.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.1/ 100

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

Comparables

Properties near 700 Grierson Street

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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Data last updated within the past 24 hours.