40 days on Market

1900 Simcoe St #305, Oshawa, Ontario L1G 0C1

In the same building:
-
Condo
-
1
~0-499 sqft
$265,000
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$266/sqft

Est. Mortgage$1,138/mo

Maintenance fees$285/mo

Tax Amount (2024)$2,271/yr

Days On Market40 days


Description

This investment property is tailored for students from Durham College and the University of Toronto ideally situated within walking distancce to both campuses, making it an attractive option for student renters. This unit is fully furnished, featuring a built-in bed, a versatile multi-use table and a brand-new sofa paired with a coffee table, providing a modern and comfortable living space. The building prioritizes security, with 24 hour surveillance, creating a safe environment for residents. Additionally, each floor is equipped with a full kitchen, offering convenience for cooking and socalizing. The building also includes a shared hub space, a gym for fitness, and visitor parking to accomodate guests. Building insurance is included. Peace of mind for the investor. With these amenities its prime location, this property offers strong potential for rental income and high demand among students looking for a well -furnished, secure, and conveniently located residence.


Property Details

StyleApartment
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE10419944
Community NameSamac
Data SourceTRREB
Listing byRE/MAX HALLMARK FIRST GROUP REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

1.66 x 1.70

Laminate

Dining

1.66 x 1.70

Laminate

Kitchen

1.66 x 1.70

Laminate


3Story
Amenities

Concierge, Gym, Party/Meeting Room, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD., Brokerage

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Market Data - Samac

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2023

29 days

2022

22 days

2021

19 days

New Listings

Past 30 days

22 listings

Compared to

2023

13 listings

2022

18 listings

2021

3 listings

Units sold

Past 30 days

3 units

Compared to

2023

5 units

2022

3 units

2021

16 units

Median Sold Price

Past 30 days

$265,000

Compared to

2023

$490,000

2022

$270,000

2021

$294,000


Population and Demographics

Overview

Total population 12298
Average household income $122,906

Age (%)

0 to 19
24%
20 to 34
23%
35 to 49
20%
50 to 64
19%
65 and plus
15%

Household composition (%)

Single family
69%
Single person
23%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
83%
Others
6%
Urdu
3%
French
2%
Tamil
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
72%
Renters
28%

Schools and amenities

Estimated Budget