2490 Old Bronte Road 221, Oakville

$569,000
2490 Old Bronte Road 221

$569,000

New
24d
Condo ApartmentApartment

2490 Old Bronte Road 221, Oakville

Total Monthly Obligation $3,464

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
24d
Score
17
Yield
5.4%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-W13841992
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,999.85 (2026)
Maintenance-$719.28/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Concrete
Possession-Flexible
Neighbourhood-1019 - WM Westmount
Title-Residential Condo & Other

No agent assigned

A Turnkey Investment in the Heart of Oakville! Welcome to Mint Condos in Oakville's highly sought-after Palermo/Westmount neighbourhood - where modern living meets a smart investment opportunity. This bright and spacious 2-bedroom, 2-bathroom corner suite offers an exceptional combination of style, functionality and immediate rental income. The open-concept layout is filled with natural light and features quartz countertops, stainless steel appliances and upgraded laminate flooring throughout, creating a modern, inviting space that is both beautiful and easy to maintain. The corner-unit design provides added privacy and an abundance of windows, making the suite feel bright and airy throughout the day. For investors, the opportunity is ready to go. The unit is currently leased to a reliable AAA tenant, providing rental income from day one while offering future flexibility. Enjoy the convenience of underground parking and a private storage locker, along with the amenities and lifestyle that make this location so desirable. Close to shopping, restaurants, parks, transit and major highways, with strong rental demand throughout the area. Whether you're expanding your portfolio or looking for a place to call home, this is an opportunity to own a beautifully maintained property in a location people want to call home.

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

Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$3,464/mo
Mortgage $2,295
Monthly Loss $2,860
Principal$604
Interest$1,691
Property Tax$250
Condo Fees$719
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.0%18
10-Year IRR
8.5%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,996/yr
NOI
$13,865/yr
Net Cash Flow
-$1,140/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.9/ 100

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

Comparables

Properties near 2490 Old Bronte Road 221

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.