1246 Old Oak Drive, Oakville

$1,299,000
1246 Old Oak Drive

$1,299,000

New
24d
Semi-Detached 2-Storey

1246 Old Oak Drive, Oakville

Total Monthly Obligation $6,012

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
24d
Score
15
Yield
3.1%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.7%
Property Type-Semi-Detached
MLS® Number-W13837994
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-27.3 × 105.84 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$4,761 (2026)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90 Days/TBD
Neighbourhood-1022 - WT West Oak Trails
Title-Residential Freehold

No agent assigned

Welcome to West Oak Trails and this beautifully updated three-bedroom home on a quiet street with over $200K in updates. The main floor features a generous foyer leading to a combined living and dining room, followed by a stunning updated kitchen with quartz countertops and backsplash, stainless steel appliances including a gas range and double wall ovens, porcelain tile flooring, updated and extended cabinetry, undermount lighting, and a spacious breakfast bar open to the dining room. The kitchen also provides direct access to the backyard, where a stone patio is surrounded by mature greenery and a storage shed. A powder room completes the main floor. Upstairs, the large primary bedroom offers dual built-in closets and an updated 3-piece ensuite. Two well-sized additional bedrooms and a full 4-piece bathroom with generous counter space complete the second floor. The basement features a recreation room with gas fireplace and study nook, plus a laundry room, powder room, and storage room. Additional highlights include engineered hardwood flooring throughout the main and second floors, insulated subflooring beneath premium laminate flooring in the basement, central vac, an EVC system, new window blinds throughout, and quartz countertops and porcelain tile in all bathrooms, with marble in the ensuite shower. The furnace and hot water tank are owned. Ideally situated in West Oak Trails near parks, trails, schools, shopping, dining and coffee shops, with Glen Abbey Golf Club and major highways including the QEW just minutes away. Thoughtfully updated and move-in ready, this home offers comfortable living in a family-oriented neighbourhood - welcome home!

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

Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,012/mo
Mortgage $5,240
Monthly Loss $4,633
Principal$1,379
Interest$3,861
Property Tax$397
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.5/ 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
$40,200/yr
NOI
$26,919/yr
Net Cash Flow
-$2,997/mo
Cash Margin
-89.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.6/ 100

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

Comparables

Properties near 1246 Old Oak Drive

Time

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