454 Centre Street S 402, Oshawa

$318,000
454 Centre Street S 402

$318,000

New
16d
Condo Apartment2-Storey

454 Centre Street S 402, Oshawa

Total Monthly Obligation $2,474

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
16d
Score
22
Yield
8.7%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Condo Apartment
MLS® Number-E13873876
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$1,692 (2025)
Maintenance-$850/mo
Locker-Ensuite+Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-60 Days
Neighbourhood-Central
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious 2-bedroom condo in Oshawa right off of hwy 401. Offering just under 1000 sqft., this well-laid-out suite features a bright living and dining area with walkout to a large open balcony, and an eat-in kitchen. This condo is 2 storeys and features two generously sized bedrooms, and a full 4-piece bathroom on a separate floor. Enjoy the convenience of ensuite laundry, an owned ensuite locker, and 1 underground parking space. Maintenance fees include heat, hydro, water, common elements, and parking. Building amenities include a sauna and security system, with pets permitted. Conveniently located close to transportation, Highway 401, shopping, everyday amenities, and downtown Oshawa. A great opportunity for first-time buyers, downsizers, or investors.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$254,400
Land Transfer Taxes$3,245
Legal Fees (Est.)
$
Total cash required for closing$68,345

Total Monthly Obligation

$2,474/mo
Mortgage $1,283
Monthly Loss $2,136
Principal$338
Interest$945
Property Tax$141
Condo Fees$850
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.7%40
10-Year IRR
11.5%
Returns Index
20.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$27,720/yr
NOI
$10,656/yr
Net Cash Flow
-$395/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.5/ 100

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

Comparables

Properties near 454 Centre Street S 402

Time

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Data last updated within the past 24 hours.