The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Turnkey investment opportunity in North Oshawa with an established tenancy already in place. Property is being sold with the existing tenants in place, and the buyer will be required to assume the tenancy on closing. Currently rented for $2,750/month with tenants paying utilities, the property offers immediate rental income without the need to source new tenants. The tenants maintain the home to a high standard and take care of lawn maintenance and snow removal. Set on a court with no sidewalk, this well-kept semi-detached home features a practical 2-storey layout, finished basement and separate side entrance. The approximately 32 x 115 ft lot provides a private backyard and ample driveway parking. Significant updates include roof (2014), driveway (2016), furnace and A/C (2018), owned hot water tank (2018), electrical panel and surge protector (2019), fence (2019), plus updated flooring, trim, interior doors and soffit pot lights. Conveniently located close to Highway 407, Costco, Durham College, Ontario Tech University, transit, shopping, schools and everyday amenities. For buyers specifically seeking a tenanted rental property, 1379 Orlando offers the advantage of an established tenancy, existing rental income and a home that has been exceptionally well cared for.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,555/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $3,735/yr$311
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Oshawa has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
