2550 Simcoe Street Unit 1501, Oshawa

Price: $337,700

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13743078

Spectacular Unobstructed Panoramic Views Facing West. 1 Bedroom, 1 Washroom, 524 Sq'. Large Oversize Balcony. 24-hour concierge, a fully equipped fitness centre, party room, media room, business centre, , guest suites, dog wash station, BBQ area, and more. Ideally located within walking distance to Costco, restaurants, shopping, public transit, and everyday conveniences.

2550 Simcoe Street Unit 1501 - Condo photo 1 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 2 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 3 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 4 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 5 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 6 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 7 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 8 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 9 of 10 in Oshawa, Ontario
2550 Simcoe Street Unit 1501 - Condo photo 10 of 10 in Oshawa, Ontario
active
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$337,700 - 2550 Simcoe Street Unit 1501, Oshawa

Condo for Sale in Oshawa

34 days on market

Neighbourhood: Windfields

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
E13743078
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Oshawa
Taxes (2025)
$3,704
Maintenance Fees
$370/mo
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Spectacular Unobstructed Panoramic Views Facing West. 1 Bedroom, 1 Washroom, 524 Sq'. Large Oversize Balcony. 24-hour concierge, a fully equipped fitness centre, party room, media room, business centre, , guest suites, dog wash station, BBQ area, and more. Ideally located within walking distance to Costco, restaurants, shopping, public transit, and everyday conveniences.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,732.58/mo

Includes CMHC insurance ($9,422)

$
$
5%10%50%

5-yr fixed avg.

Principal: $303,930Interest: $206,421
Mortgage Amount$313,352
Total Interest$206,421
Est. Property Tax$239/mo
Total Cost$519,773

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: Windfields

Discover Windfields

Windfields 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 Windfields

  • •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

Windfields 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

2550 Simcoe Street Unit 1501, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$370
Property Tax (est.)-$239
Insurance (est.)-$70
Net Cash Flow+$1,121

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

Competitive Pricing

At $675/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 34 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. The $370/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 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 Windfields

I know Windfields 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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    2550 Simcoe Street Unit 1501, Oshawa | $337,700 | Battaglia Team