868 Grierson Street, Oshawa

$475,000
868 Grierson Street

$475,000

New
2d
DetachedBungalow

868 Grierson Street, Oshawa

Total Monthly Obligation $2,731

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
2d
Score
27
Yield
7.4%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-E14103702
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 122 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,275 (2025)
Parking-5 - Detached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Royal LePage Our Neighbourhood Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Centennial
Title-Residential Freehold

No agent assigned

Looking for a home with character, versatility, and incredible garage space? This detached brick bungalow offers much more than meets the eye! Featuring hardwood floors and a functional layout, the main level offers two bedrooms, a full bathroom, and a separate dining room that could easily be converted into a third main-floor bedroom. Bright enclosed sun porches at both the front and back provide inviting spaces to enjoy your morning coffee or relax at the end of the day. The finished basement offers even more flexibility with an additional bedroom, bathroom, and versatile living space ideal for extended family, guests, a home office, or multigenerational living. A convenient walkout from one of the bedrooms provides direct access to the outdoors. Enjoy year-round comfort with a modern hybrid heating system combining an energy-efficient heat pump and forced-air gas furnace. The real bonus? A massive detached garage with loft! Perfect for car enthusiasts, hobbyists, contractors, or anyone needing exceptional workshop and storage space. The fully fenced backyard features a large access gate for easy vehicle and equipment access, plus an additional storage shed and plenty of room to relax or entertain. Conveniently located in Oshawa's desirable Centennial neighbourhood, close to schools, parks, shopping, restaurants, public transit, and major commuter routes. Whether you're a first-time buyer, growing family, or looking for flexible living space with an exceptional garage, this property offers an incredible opportunity to make your next move! Downsizing has never been more affordable!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$380,000
Land Transfer Taxes$5,975
Legal Fees (Est.)
$
Total cash required for closing$102,475

Total Monthly Obligation

$2,731/mo
Mortgage $1,916
Monthly Loss $2,226
Principal$504
Interest$1,412
Property Tax$440
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.2%6
5-Year IRR
14.8%70
10-Year IRR
14.5%
Returns Index
36.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$35,016/yr
NOI
$21,739/yr
Net Cash Flow
-$104/mo
Cash Margin
-3.6%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
33.5/ 100

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

Comparables

Properties near 868 Grierson Street

Time

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