2550 Simcoe Street, Unit 12, Oshawa, ON

$468,888
MLS#:E9381371
2 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on November 7, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Windfields. Expertly crafted featuring premium brick front and concrete construction, this residence presents an exceptional opportunity offered at $468,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience Vibrant Living at Suite 2012, 2550 Simcoe Street North! This thoughtfully designed 1 Bed+ Den unit is a modern gem, perfectly positioned to capture beautiful east-facing sunlight through its expansive full-length balcony. The stylish kitchen features stainless steel and built-in appliances, while the versatile den offers flexibility for your lifestyle. Located in the thriving Windfields community, you're just steps from a new Costco, shopping plazas, grocery stores, and a variety of dining options. ON-Tech University, Durham College, the 407, and transit are all easily accessible, ensuring seamless connectivity. Beyond the unit, indulge in top-notch building amenities, including outdoor BBQ spaces, a state-of-the-art gym, a theatre, guest suites, and a versatile party/meeting room.

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Property Summary

This condo apartment located at 2550 Simcoe Street, Oshawa is currently for sale and has been available on SousaSells for 652 days. This property is listed at $468,888 with an estimated mortgage of $1,561* per month. It has 2 beds, 1 bathroom, and is 500-599 square feet. 2550 Simcoe Street, Oshawa is in the Windfields neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 7, 2024
Sold price information is available to members only
Listed Date10/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick Front, Concrete
BasementNone
CountyDurham
Annual Tax$3,751

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeSurface

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Virtual Tours

Location

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2550 Simcoe Street, Unit 12, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2550 Simcoe Street 2012, Oshawa, ON L1L 0R5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oshawa.

Configure Loan Settings

Interest Rate4.00%
Down Payment$140,666 (30.0%)
* Minimum Canadian down payment required for this price is $23,444.
Amortization Period30 Years
Estimated Monthly Payment$1,561Based on a loan of $328,222 over 30 years.
Purchase Price$468,888
Loan Amount$328,222
Provincial Land Transfer Tax:$5,853
Total Estimated Closing Taxes:$5,853

About Purchasing a Home in Oshawa, ON

For a property listed at $468,888 in Oshawa, the legal minimum down payment is $23,444 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,853 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,853.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Windfields, Oshawa.

Verified Local Data
City Population415,311
City Median Age39.6 Yrs
City Ownership75% Owners
Avg Area List Price$757,579

People & Families

Age Distribution

Household Composition

One-person households
21%
Families with children
53%
Couples without children
26%
Other households
0%

Top Ethnic Origins

English23%
Scottish18%
Irish18%
Canadian16%

Local Schools Guide

Elementary Schools

St. Anne
CatholicBridle Road, Windfields, Oshawa, Ontario, L1L 1B7
5.1
Northern Dancer
Public2200 Bridle Road, Windfields, Oshawa, Ontario, L1L 1C4
8.2
Kedron
Public1935 Ritson Road North, Samac, Oshawa, Ontario, L1H 7K5
6.6
Elsie MacGill
Public800 Greenhill Avenue, Oshawa, Ontario, L1K 0C8
5.2
Sherwood
Public633 Ormond Drive, Samac, Oshawa, Ontario, L1K 2W6
4.7

Secondary Schools

Maxwell Heights
Public1100 Coldstream Drive, Oshawa, Ontario, L1K 0N1
6.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied75%
Rented25%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.