374 Nipigon Street, Oshawa

$539,999
374 Nipigon Street

$539,999

New
4d
DetachedBungalow

374 Nipigon Street, Oshawa

Total Monthly Obligation $2,958

HausQ Valuation Report
Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
4d
Score
21
Yield
5.8%
Cash on Cash
-0.5%
Cap Rate
4.5%
5Y IRR
15.2%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-E14093712
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40.04 × 134.12 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,852.05 (2026)
Parking-4 - None
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-The Agency
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-30/60/90
Neighbourhood-McLaughlin
Title-Residential Freehold

No agent assigned

Welcome to 374 Nipigon Street, a wonderful opportunity to make a house your home! Offered for the first time in over 40 years, this charming 3-bedroom bungalow is filled with potential and ready for its next chapter. With great bones, a functional layout and plenty of opportunity to add your own personal touches, this home is an ideal choice for first-time buyers, young families or anyone looking to create a space that truly reflects their style. Nestled in an established Oshawa neighbourhood, you'll enjoy the convenience of nearby schools, parks, playgrounds, shopping, restaurants and everyday amenities. Just minutes from Oshawa Centre, Lakeridge Health, public transit and Highway 401, this location offers an excellent balance of neighbourhood charm and accessibility. Whether you're looking to enter the market, downsize or bring your renovation ideas to life, 374 Nipigon Street offers the opportunity to build something special in a community you'll be proud to call home. After more than four decades of ownership, it's time for a new family to make memories here!

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

Closing Costs

Mortgage Amount
$431,999
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$2,958/mo
Mortgage $2,178
Monthly Loss $2,384
Principal$573
Interest$1,605
Property Tax$404
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.3%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,464/yr
NOI
$18,966/yr
Net Cash Flow
-$598/mo
Cash Margin
-22.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
28.0/ 100

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

Comparables

Properties near 374 Nipigon 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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.