2391 Central Park Drive 709, Oakville

$599,900
2391 Central Park Drive 709

$599,900

New
23d
Condo Apartment1 Storey/Apt

2391 Central Park Drive 709, Oakville

Total Monthly Obligation $3,531

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
23d
Score
17
Yield
5.3%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-W13844808
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 30, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,987 (2026)
Maintenance-$662.61/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-immed / flex
Neighbourhood-1015 - RO River Oaks
Title-Residential Condo & Other

No agent assigned

Breathtaking sunsets from this corner, park-facing, unit with 2 parking. .........The rare 2 parking side-by-side parking spots, offers great value since the new buildings don't have enough. Not only is this convenient but it's also a great investment and potential extra income if you choose to rent out the 2nd spot..........there is no substitute for being a corner unit, featuring unobstructed views of parkland and complete privacy..............large 6x8ft locker is larger than average............minutes walk of the new Oakville Hub ..............everything is at your finger tips at Dundas and Trafalgar, including GO terminal hub, shops, trails, dog park, and the main Halton Police Headquarters making this one of the safest areas in the province............great amenities and superintendent. Includes gym with several treadmills and weights, party room, sauna, outdoor pool and BBQ area, and media room offers great work-from-home facility...................move-in-ready with lots of upgrades inlcluding updated kitchen cabinetry, new stove, new dishwasher, new flooring...... Steps to sheridan Colledge, great restaurants, excellent cafes, walkmart, LCBO, easy access to the Oakville Go train and a 27 acre park with trees, ponds, and trails.

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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,531/mo
Mortgage $2,420
Monthly Loss $2,895
Principal$637
Interest$1,783
Property Tax$249
Condo Fees$663
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.5%21
10-Year IRR
8.8%
Returns Index
11.6/ 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
$32,064/yr
NOI
$15,519/yr
Net Cash Flow
-$1,127/mo
Cash Margin
-42.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.7/ 100

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

Comparables

Properties near 2391 Central Park Drive 709

Time

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Data last updated within the past 24 hours.