2550 Simcoe Street, Unit 17, Oshawa, ON

$584,900
MLS#:E9393572
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on December 5, 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 concrete construction, this residence presents an exceptional opportunity offered at $584,900 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 2 Bathrooms
  • Generous living space spanning 800-899 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 electric

Description

Welcome to Unit 817, a 804 SF unit with 9 FT ceilings and a 56 SF balcony. This 2 bedroom, 2 bathroom is a highly desirable corner unit offering both south & west facing windows. Enjoy the sunshine, amazing sunsets and the panoramic views. This unit is complete with a upgraded stainless steel fridge, microwave and stove, built in dishwasher, stacked washer and dryer and a spacious balcony. This Unit comes with parking spot #298, which is immediately connected (30 steps) from the back entrance door and elevators. The primary bedroom features a spacious 3pc ensuite washroom, including a walk-in shower, and a beautiful south facing view, with floor to ceiling windows. Both bedrooms feature solid doors with privacy locks. The building offers amazing on site amenities: 24 hour security, a theatre, two fitness spaces, outdoor area with BBQ's and patio chairs, meeting rooms, a guest suite, a games room, and a lounge area with free WiFi. ***** The location of the condo building provides waling distance to Costco, shopping, restaurants, banks, grocery, Ontario Tech University, Durham College and many other amenities.

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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 645 days. This property is listed at $584,900 with an estimated mortgage of $1,947* per month. It has 2 beds, 2 bathrooms, and is 800-899 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
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 5, 2024
Sold price information is available to members only
Listed Date10/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyDurham
Annual Tax$4,996.78

Parking & Garage

Parking Spaces1.0
Garage TypeSurface

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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2550 Simcoe Street, Unit 17, 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 N 817, 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$175,470 (30.0%)
* Minimum Canadian down payment required for this price is $33,490.
Amortization Period30 Years
Estimated Monthly Payment$1,947Based on a loan of $409,430 over 30 years.
Purchase Price$584,900
Loan Amount$409,430
Provincial Land Transfer Tax:$8,173
Total Estimated Closing Taxes:$8,173

About Purchasing a Home in Oshawa, ON

For a property listed at $584,900 in Oshawa, the legal minimum down payment is $33,490 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 $8,173 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 $8,173.

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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.