487 Wildwood Drive, Oakville

$1,099,000
487 Wildwood Drive

$1,099,000

New
23d
Detached1 1/2 Storey

487 Wildwood Drive, Oakville

Total Monthly Obligation $5,216

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
23d
Score
17
Yield
4.1%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-W13843958
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-63.65 × 142.26 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,893 (2026)
Parking-5 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-1020 - WO West
Title-Residential Freehold

No agent assigned

Welcome to a truly special home in the heart of West Oakville. Cherished by the same owners for nearly 30 years, the existing one-and-a-half-storey residence provides nearly 1,500 sq. ft. above grade. The flexible layout features two upper-level bedrooms and a versatile den, a main-floor bedroom, two bathrooms and a finished basement with additional living space, laundry and ample storage.Set on a generous 45' x 135' lot in an established neighbourhood surrounded by impressive new construction, this property offers outstanding potential home builders to build, renovate, expand or create a custom-built home.Mature gardens, an exceptionally private backyard and a convenient U-shaped driveway add immediate enjoyment while plans are developed. The deep lot provides an inviting setting for outdoor entertaining and future possibilities.Ideally located near W.H. Morden Public School, Appleby College, parks, transit, major highways, Oakville Place and the shops and restaurants of Downtown Oakville. Whether renovating, rebuilding or adding to an investment portfolio, this property combines a desirable lot, premium location and significant long-term potential in one of Oakville's most established communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$879,200
Land Transfer Taxes$18,455
Legal Fees (Est.)
$
Total cash required for closing$239,755

Total Monthly Obligation

$5,216/mo
Mortgage $4,433
Monthly Loss $4,049
Principal$1,167
Interest$3,267
Property Tax$408
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.8/ 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
$45,480/yr
NOI
$31,539/yr
Net Cash Flow
-$1,805/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo28
Risk Index
17.8/ 100

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

Comparables

Properties near 487 Wildwood Drive

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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