131 Taunton Road E 304, Oshawa

$339,000
131 Taunton Road E 304

$339,000

New
7d
Condo ApartmentApartment

131 Taunton Road E 304, Oshawa

Total Monthly Obligation $2,545

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
7d
Score
22
Yield
8.6%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Condo Apartment
MLS® Number-E14087776
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,485 (2025)
Maintenance-$770/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX Jazz INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-60 days/TBA
Neighbourhood-Centennial
Title-Residential Condo & Other

No agent assigned

Welcome to 131 Taunton Road, Unit 304-an updated end-unit condo in a quiet, well-managed building in desirable north Oshawa. This well-maintained two-bedroom, one-bathroom suite offers a bright, open-concept layout with a spacious living and dining area, laminate flooring, and a sliding glass walkout to a large west-facing balcony. Set back from Taunton Road and surrounded by mature trees, the balcony provides a peaceful and private setting-perfect for enjoying afternoon sun and evening sunsets. The bright kitchen features a subway tile backsplash, while the generous primary bedroom offers tranquil views and a large walk-in closet. A well-sized second bedroom with a double closet, an updated bathroom with a walk-in shower, and ample storage throughout-including dedicated storage and linen closets-add comfort and convenience. Additional features include an owned hot water tank, updated breaker panel, convenient parking near the side entrance, on-site laundry, and access to fitness and party/meeting rooms. Ideally located just 10-15 minutes from Highways 407 and 401, and only minutes from Durham College and Ontario Tech University, this home is also steps from shopping, restaurants, transit, and parks. A wonderful opportunity for first-time buyers or downsizers.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$271,200
Land Transfer Taxes$3,560
Legal Fees (Est.)
$
Total cash required for closing$72,860

Total Monthly Obligation

$2,545/mo
Mortgage $1,367
Monthly Loss $2,185
Principal$360
Interest$1,008
Property Tax$207
Condo Fees$770
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
11.3%45
10-Year IRR
12.0%
Returns Index
23.1/ 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
$28,992/yr
NOI
$11,968/yr
Net Cash Flow
-$370/mo
Cash Margin
-15.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
31.3/ 100

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

Comparables

Properties near 131 Taunton Road E 304

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.