374 Spruce Street, Oakville

$1,899,000
374 Spruce Street

$1,899,000

New
25d
DetachedBungalow

374 Spruce Street, Oakville

Total Monthly Obligation $8,744

Beds
4
Baths
4
Park
5
Sqft
1500-2000
DOM
25d
Score
14
Yield
2.8%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-W13833914
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-142 × 60 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,505 (2025)
Parking-7 - Detached
Basement-Full, Finished
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-1013 - OO Old Oakville
Title-Residential Freehold

No agent assigned

**EXCEPTIONAL LOCATION. RARE 60' x 142' LOT. OUTSTANDING OPPORTUNITY IN THE HEART OF OAKVILLE.**Welcome to 374 Spruce Street, ideally situated within walking distance of **Downtown Oakville, the GO Train and Old Oakville Marketplace**. This is a rare opportunity to secure a substantial property in one of Oakville's most desirable and established neighbourhoods. Set on an impressive **60' x 142' lot**, the property offers exciting possibilities for the next owner. Build a stunning new home of approximately **3,500 sq. ft.**, subject to approvals, or embrace the existing home and undertake a complete renovation to create your ideal residence. The generous lot provides plenty of room to design a home that suits your lifestyle, while the exceptional location puts some of Oakville's best amenities right at your doorstep. Enjoy the convenience of walking to the charming shops, restaurants and cafés of Downtown Oakville, commuting easily via the GO Train, or accessing everyday shopping and services at Old Oakville Marketplace. Whether you're a builder looking for an outstanding opportunity, a family ready to create a custom home, or a buyer with a vision for transforming the existing residence, **374 Spruce Street offers flexibility, location and long-term potential.****Rare 60' frontage. Exceptional walkability. Established Oakville location. Priced to sell.**

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%
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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,519,200
Land Transfer Taxes$34,455
Legal Fees (Est.)
$
Total cash required for closing$415,755

Total Monthly Obligation

$8,744/mo
Mortgage $7,660
Monthly Loss $6,728
Principal$2,016
Interest$5,644
Property Tax$709
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$53,856/yr
NOI
$35,465/yr
Net Cash Flow
-$4,705/mo
Cash Margin
-104.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.1/ 100

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

Comparables

Properties near 374 Spruce Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.