337 Simcoe Street N 405, Oshawa

$675,000
337 Simcoe Street N 405

$675,000

New
15d
Condo Apartment2-Storey

337 Simcoe Street N 405, Oshawa

Total Monthly Obligation $4,291

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
15d
Score
15
Yield
4.3%
Cash on Cash
-13.5%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.5%
Property Type-Condo Apartment
MLS® Number-E13876060
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-31-50
Taxes-$3,768 (2026)
Maintenance-$1,054.63/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX Jazz INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Not Applicable, Other
Foundation-Not Applicable
Possession-Flexible
Neighbourhood-O'Neill
Title-Residential Condo & Other

No agent assigned

Welcome to a home that feels like a private retreat in the heart of the city. Tucked inside an exclusive boutique building just steps from the hospital, this beautifully updated and impeccably maintained two-storey residence offers an exceptional blend of luxury, privacy, and effortless everyday living. From the moment you enter, there is a sense of calm. Thoughtfully designed across two levels, providing separation between living and sleeping, this beautiful condo offers two bright bedrooms and three beautifully appointed bathrooms, providing both connection and separation when desired. The peaceful east-facing outlook is one of the home's most captivating features. Framed by mature treetops, the views create a tranquil, almost treehouse-like setting - a beautiful backdrop to your morning coffee or quiet evenings at home. The primary suite is a true sanctuary, complete with a luxurious full ensuite and private balcony. Step outside and take in the quiet treetop views, or retreat indoors to your own private space at the end of the day. Every detail has been lovingly cared for. The home is spotless, updated, and move-in ready, with the convenience of in-suite laundry and secure underground parking. The building is self-managed, offering the intimate, personal character and pride of ownership that is increasingly difficult to find. Perfectly positioned for those who value proximity without sacrificing peace and privacy, this is more than a condo - it is a sophisticated urban retreat. A truly special opportunity for hospital professionals, downsizers, professionals, or anyone seeking a quiet, meticulously maintained home in a prime location. Kitchen and baths updated in 2021.

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

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$4,291/mo
Mortgage $2,723
Monthly Loss $3,575
Principal$716
Interest$2,006
Property Tax$314
Condo Fees$1,055
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.3%0
5-Year IRR
2.4%5
10-Year IRR
5.0%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$29,280/yr
NOI
$7,528/yr
Net Cash Flow
-$2,095/mo
Cash Margin
-85.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
18.5/ 100

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

Comparables

Properties near 337 Simcoe Street N 405

Time

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