1800 Simcoe Street Unit 401, Oshawa

Price: $239,800

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: E13468382

Welcome to University Studios in North Oshawa's highly desirable University District! This bright and spacious studio condo features an open-concept layout, laminate flooring, granite countertops, stainless steel appliances, porcelain-tiled bathroom, and in-suite laundry. A fantastic opportunity for first-time buyers, investors, or parents seeking a turnkey property in a high-demand rental location with low maintenance fees and excellent long-term potential.

1800 Simcoe Street Unit 401 - Condo photo 1 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 2 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 3 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 4 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 5 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 6 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 7 of 8 in Oshawa, Ontario
1800 Simcoe Street Unit 401 - Condo photo 8 of 8 in Oshawa, Ontario
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$239,800 - 1800 Simcoe Street Unit 401, Oshawa

Condo for Sale in Oshawa

Neighbourhood: Samac

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
E13468382
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Oshawa
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to University Studios in North Oshawa's highly desirable University District! This bright and spacious studio condo features an open-concept layout, laminate flooring, granite countertops, stainless steel appliances, porcelain-tiled bathroom, and in-suite laundry. A fantastic opportunity for first-time buyers, investors, or parents seeking a turnkey property in a high-demand rental location with low maintenance fees and excellent long-term potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,230.30/mo

Includes CMHC insurance ($6,690)

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5-yr fixed avg.

Principal: $215,820Interest: $146,579
Mortgage Amount$222,510
Total Interest$146,579
Est. Property Tax$170/mo
Total Cost$369,089

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Samac

Discover Samac

Samac is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Samac

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Samac offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1800 Simcoe Street Unit 401, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
7.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$170
Insurance (est.)-$50
Net Cash Flow+$1,565

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Samac

I know Samac well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1800 Simcoe Street Unit 401, Oshawa | $239,800 | Battaglia Team