2199 Lillykin Street 28, Oakville

$699,000
2199 Lillykin Street 28

$699,000

Price Change
22d
Condo TownhouseStacked Townhouse

2199 Lillykin Street 28, Oakville

Total Monthly Obligation $3,757

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
22d
Score
18
Yield
4.8%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Townhouse
MLS® Number-W13846458
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,752.73 (2026)
Maintenance-$424.28/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Foundation-Poured Concrete
Possession-FLEXIBLE
Neighbourhood-1015 - RO River Oaks
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained 2-storey end-unit townhome nestled in Oakville's highly desirable River Oaks community. Functionally designed space with a bright, open-concept layout, this corner unit home is filled with natural light and features 9-foot ceilings, laminate floors, updated kitchen with a brand-new backsplash and a new functional center table serving as a kitchen island perfectly bridging style and convenience between the open concept living/dining/kitchen areas. Upstairs are 2 spacious bedrooms with broadloom. 3-PC ensuite and another 3-PC bath with options for a soaker tub and shower stall. This home also offers excellent accessibility with an included stair lift that can either remain for the new owner or be removed prior to closing. This makes it so easy to go up and down the entrance stairs as well as bring up your groceries easily!!! Updates include fresh neutral paint, custom made curtains, a newly installed modern All-in-One washer/dryer. The spectacular rooftop patio is perfect for summer gatherings, BBQs, and entertaining. Great for both sunrise and sunset views. Expansive look around from the terrace with beautiful tree top skyline views of the city and the lake. Comes with underground parking. Plus plenty of visitor parking as well. Conveniently located just minutes from top-rated schools, Sheridan College, parks, scenic trails, golf courses, diverse dining, Oakville Place, and the Oakville GO Station. Commuting is a breeze. Very close to major highways including the QEW, 403, and 407. Flexible closing with immediate closing option as well. Excellent neighbourhood in a family friendly child safe end of street court.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,757/mo
Mortgage $2,820
Monthly Loss $3,015
Principal$742
Interest$2,078
Property Tax$313
Condo Fees$424
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,804/yr
NOI
$19,180/yr
Net Cash Flow
-$1,221/mo
Cash Margin
-43.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.9/ 100

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

Comparables

Properties near 2199 Lillykin Street 28

Time

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