2563 Sixth Line 15, Oakville

$584,900
2563 Sixth Line 15

$584,900

New
18d
Condo TownhouseStacked Townhouse

2563 Sixth Line 15, Oakville

Total Monthly Obligation $3,366

Beds
2
Baths
2
Park
2
Sqft
900-999
DOM
18d
Score
18
Yield
5.2%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Townhouse
MLS® Number-W13862318
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 5, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-11-15
Taxes-$3,195.58 (2026)
Maintenance-$539.94/mo
Locker-Common
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE MEADOWTOWNE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Possession-TBD
Neighbourhood-1015 - RO River Oaks
Title-Residential Condo & Other

No agent assigned

Some homes simply make everyday life easier. Welcome to 15-2563 Sixth Line, a bright 946 sq. ft. ground-level (no-stairs) townhome in Oakville's River Oaks neighbourhood with 2 bedrooms, 2 bathrooms, 2 parking spots and 2 lockers. Part of Phase 1 of Waterlillies, this Sea Rose model offers a versatile open-concept layout with fresh neutral paint, dimmable pot lights, modern doors and trim, black hardware and laminate flooring throughout. The roomy kitchen features warm brown cabinetry and stainless steel appliances, including a new stove and dishwasher installed in 2026, plus fridge, washer and dryer installed in 2023. The sunny great room includes a unique office nook and sliding doors to the patio, where you'll find a convenient BBQ gas hookup. Siding onto greenspace with a lovely east exposure, the home's ground-level setting and cute private courtyard entry create an inviting connection to the outdoors. The primary bedroom features a walk-in closet, and an additional nook ideal for an office or gym. A generously sized second bedroom, 2-piece powder room and full 4-piece bathroom complete the layout. Condo fees include water. Walk easily to Walmart, Superstore, Winners and restaurants, enjoy a community garden and dog park just minutes away, and reach the QEW, 403 and 407 in under 10 minutes. Come experience the comfort and convenience of River Oaks living for yourself.

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

Closing Costs

Mortgage Amount
$467,920
Land Transfer Taxes$8,173
Legal Fees (Est.)
$
Total cash required for closing$126,653

Total Monthly Obligation

$3,366/mo
Mortgage $2,359
Monthly Loss $2,745
Principal$621
Interest$1,738
Property Tax$266
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%21
10-Year IRR
8.9%
Returns Index
11.9/ 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
$30,492/yr
NOI
$15,368/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-42.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.7/ 100

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

Comparables

Properties near 2563 Sixth Line 15

Time

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