18 Florence Drive, Oakville

$2,688,880
18 Florence Drive

$2,688,880

New
29d
Detached2-Storey

18 Florence Drive, Oakville

Total Monthly Obligation $12,249

Beds
5
Baths
5
Park
4
Sqft
3000-3500
DOM
29d
Score
15
Yield
3.3%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-W13823136
Beds-5
Bathrooms-5
Size-3000-3500 sqft
Lot Size-50 × 106 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,339.27 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Wood , Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1002 - CO Central
Title-Residential Freehold

No agent assigned

Nestled on a quiet cul-de-sac beside Florence Park in the heart of Kerr Village this custom-built home offers an exceptional blend of luxury, comfort & lifestyle. With approx 4,800 sq ft of beautifully finished living space, this impressive home features 4+1 bedrooms, soaring ceilings, and premium finishes throughout. The sun-filled main level features 10-ft ceilings, expansive windows, and wide-plank engineered HDW flooring. The chef-inspired kitchen showcases premium S/S appliances, large centre island with brkfst bar & open-concept layout flowing seamlessly into dining & living areas. Custom BIs, gas FP, & stylish wet bar w/ wine fridge create an inviting space for everyday living & effortless entertaining. Impressive 16-ft sliding glass doors open to a covered outdoor living area w/ recessed lighting & stmt chandelier creating perfect ambiance for evening entertaining or unwinding. A thoughtfully designed mudroom with custom BIs & direct garage access adds everyday functionality. A striking glass-railed staircase leads to an U/L featuring a luxurious primary retreat with spacious W/I closet and spa-inspired 5-pc ENS. Each addl BR enjoys a private ENS or semi-ENS w/ glass showers and premium finishes. Solid wood interior doors & designer hardware reflect the home's outstanding quality. The professionally finished L/L is designed for relaxation & recreation w/ spacious family room, custom BIs, HDW flooring, gas FP, & a versatile flex space for media lounge, playroom, home office, or fitness studio. A bright 5th BR, 3-pc bath, & oversized cantina provide flexibility for guests, extended family, or storage. The landscaped fully fenced lot has approx 50ft frontage, widening to 75ft at the rear and extending over 150ft along the south property line, offering excellent outdoor space & privacy. In one of Oakville's most vibrant, walkable & sought-after NBHDs, it is just steps to the shops, cafés, restaurants & amenities of Kerr Village, with DT & waterfront min away.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$2,151,104
Land Transfer Taxes$53,697
Legal Fees (Est.)
$
Total cash required for closing$592,973

Total Monthly Obligation

$12,249/mo
Mortgage $10,846
Monthly Loss $9,395
Principal$2,854
Interest$7,992
Property Tax$1,028
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.7%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$88,404/yr
NOI
$62,724/yr
Net Cash Flow
-$5,619/mo
Cash Margin
-76.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
12.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 18 Florence Drive

Time

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