1900 Simcoe St N, Unit #631

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Listing 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!
All Appliances and Murphy Bed