688 King Street W, Oshawa

$709,000
688 King Street W

$709,000

New
15d
Detached1 1/2 Storey

688 King Street W, Oshawa

Total Monthly Obligation $3,771

HausQ Valuation Report
Beds
4
Baths
1
Park
4
Sqft
1100-1500
DOM
15d
Score
17
Yield
4.5%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-E13878722
Beds-4
Bathrooms-1
Size-1100-1500 sqft
Lot Size-64.58 × 185.08 ft
Listed on site-Oct 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$6,427.4 (2026)
Parking-4 - Detached
Basement-Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Wood
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-McLaughlin
Title-Residential Freehold

No agent assigned

If you are an investor this is your excellent opportunity. With 60ft of frontage and 185 feet of depth this lot with multiple zoning opportunities offers great potential. If you are a first time buyer this provides an amazing opportunity to restore this charming "Old Oshawa" home to its original glory and own a detached property to create memories. Large living and dining rooms, bright kitchen with 4 bedrooms and a Sunroom offers ample of living space to enjoy. Walk to Restaurants, Oshawa centre, Trent University (Durham). On Transit route with features such as schools, place of worship. Includes Stove, Washer/Dryer and Fridge. With 5 mins drive to Hwy 401 makes it a convenient location to access it.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$567,200
Land Transfer Taxes$10,655
Legal Fees (Est.)
$
Total cash required for closing$153,955

Total Monthly Obligation

$3,771/mo
Mortgage $2,860
Monthly Loss $3,018
Principal$753
Interest$2,107
Property Tax$536
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.9/ 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
$32,052/yr
NOI
$17,919/yr
Net Cash Flow
-$1,367/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.6/ 100

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

Comparables

Properties near 688 King Street W

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.