ON > Durham > Samac
Durham, ON L1G 0C1,1900 Simcoe ST N #631
Durham, ON L1G 0C1,1900 Simcoe ST N #631
Durham, ON L1G 0C1,1900 Simcoe ST N #631
Durham, ON L1G 0C1,1900 Simcoe ST N #631
Durham, ON L1G 0C1,1900 Simcoe ST N #631
Durham, ON L1G 0C1,1900 Simcoe ST N #631
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 228,888
Est. payment | /mo

1 Bath

Save Virtual Tour
$ 228,888
Est. payment | /mo
Save Virtual Tour

1 Bath

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

Province 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
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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1900 Simcoe ST N #631

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