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$ 228,888
Est. payment /mo
New
1900 Simcoe ST N #631 Oshawa, ON L1G 0C1
1 Bath
UPDATED:
Key Details
Property Type Condo
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 0-499
Subdivision Samac
MLS Listing ID E12465262
Style Apartment
HOA Fees $463
Annual Tax Amount $3,018
Tax Year 2025
Property Sub-Type Condo Apartment
Property Description
Cash Flow Positive for Investors. Smart Start for First-Time Buyers. Welcome to Unit 631 at U Studios - one of the largest and most desirable layouts in the building. This bright, corner studio offers 382 sqft of open living space, wrapped in floor-to-ceiling windows with a north-east exposure for all-day natural light. Thoughtfully designed to fit your bed, desk, sofa, dining table and TV - it actually feels like home. Located steps from Ontario Tech University (UOIT), Durham College, restaurants, groceries, costco, banks, and Durham Transit, this address has strong rental demand and long-term value. For investors, the numbers speak for themselves - The same floor plan just one floor up rented for $1,500/month with parking. Your estimated total carrying cost is about $1,407/month (based on 4% interest, 20% down, including maintenance & tax on asking price). Parking, Internet, and Heat are included, and parking is extremely scarce, allowing you to charge premium rent. For first-time buyers, this is affordable homeownership without compromise - enjoy modern finishes, convenience and great building amenities: a large gym, 24/7 concierge, study rooms, residents' lounge, and meeting spaces. You're also minutes from the Amazon Fulfillment Centre, keeping this location in constant demand. Whether you're building your portfolio or buying your first home, Unit 631 offers bright space, strong returns, and unbeatable convenience - a smart move today and a solid investment for tomorrow. Book a showing and see for yourself!
Location
State ON
County Durham
Community Samac
Area Durham
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Carpet Free, Countertop Range
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Spaces 1.0
Exposure North East
Total Parking Spaces 1
Balcony None
Building
Story 6
Unit Features Hospital,School,Clear View,Electric Car Charger,Public Transit
Locker None
Others
Security Features Concierge/Security
Pets Allowed Restricted
ParcelsYN No
Virtual Tour https://www.winsold.com/tour/431339
Listed by KINGSWAY REAL ESTATE
