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New6 days ago

1496 Simcoe Street N

Samac, Oshawa

$780,000

Detached|Bungalow
4 | 3 | 15
About this home

JUST LISTED | 1496 Simcoe St N, Oshawa An incredible opportunity to own a prime property with outstanding future potential! Situated on a rare 50 x 323 ft deep lot, this is the perfect opportunity to enjoy a beautifully updated home today while planning for future redevelopment or building your dream home. Fully renovated with: Brand-new windows New roof,New heat pump & furnace New driveway with parking for up to 15 vehicles And much more! Located just minutes from Ontario Tech University and Durham College, with easy access to shopping, transit, restaurants, and major amenities.Whether you're an investor, builder, or homeowner, this is a property you don't want to miss!

Extras

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Got questions?

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,924
Lot Size50.36 ft x 323 ft
mls© NumberE13623246
Listed ByRE/MAX CROSSROADS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,992
Property tax
$410
Heat allowance
$150
Housing costs
$4,553 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $156,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,282 / mo
Cash down
$156,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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