2249 Crestmont Drive, Oakville

$1,375,000
2249 Crestmont Drive

$1,375,000

Price Change
23d
Detached2-Storey

2249 Crestmont Drive, Oakville

Total Monthly Obligation $6,433

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
23d
Score
16
Yield
3.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-W13842180
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-36.12 × 83.23 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,135.76 (2026)
Parking-3 - Attached
Basement-Development Potential, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1019 - WM Westmount
Title-Residential Freehold

No agent assigned

Beautiful 4-bedroom, 3.5-bathroom detached house in a desirable Westmount area, close to highly rated schools, parks, trails, playgrounds, public transport, hospital, and shopping. This house was constantly updated, repainted, and well taken care of by the current owners. It offers lots of great features: no sidewalk, an owned tankless water heater, a functional layout, lots of natural light, a backyard that feels private thanks to the lush green bushes, and much more. The main floor features modern tiles at the entrance, pot lights, continuing with a spacious dining room area with maple engineered hardwood floor. Perfect spot for having friends over for dinner. The kitchen includes stainless steel appliances, a mirror backsplash, plenty of storage with convenient pull-out shelves, quartz counters with ample counter space, and an island with a beautiful chandelier. Enjoy the green backyard view from a cozy bench. A comfy living room faces the backyard and features hardwood and a gas fireplace. The laundry area includes LG ThinQ Washer & Dryer installed in 2024, and a large storage cabinet with handy shoe storage. The spacious primary bedroom on the second floor offers a walk-in closet and a 4-piece ensuite, including an upgraded tiled shower and a soaking tub for your relaxation. Plenty of space for your bedding in a double-door linen closet. There are 3 other bedrooms of a generous size and plenty of natural light. The second bathroom is equipped with a large storage closet, updated cabinets and lights, an electronic mirror with the time and different light modes. The finished basement offers a bright recreational area for your family entertainment and a 3-piece bathroom for comfort. Relax in your private backyard with a large deck, recently painted, and a spacious green lawn, fully replaced. Attached garage with inside entry easily fits an SUV and offers ample organized storage. Check the full list of upgrades done. This house is move-in ready for the new family!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,100,000
Land Transfer Taxes$23,975
Legal Fees (Est.)
$
Total cash required for closing$300,475

Total Monthly Obligation

$6,433/mo
Mortgage $5,546
Monthly Loss $4,973
Principal$1,460
Interest$4,087
Property Tax$511
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$49,464/yr
NOI
$33,882/yr
Net Cash Flow
-$2,723/mo
Cash Margin
-66.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.5/ 100

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

Comparables

Properties near 2249 Crestmont Drive

Time

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Data last updated within the past 24 hours.