2194 Constance Drive, Oakville

$2,099,000
2194 Constance Drive

$2,099,000

New
18d
Detached2-Storey

2194 Constance Drive, Oakville

Total Monthly Obligation $9,553

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
18d
Score
14
Yield
2.1%
Cash on Cash
-13.8%
Cap Rate
1.6%
5Y IRR
4.8%
10Y IRR
6.3%
Property Type-Detached
MLS® Number-W13862508
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-60 × 110 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,529.94 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Re/Max Hallmark Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-1006 - FD Ford
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated detached residence on a premium 60 x 110 ft lot backing directly onto the Joshua Creek Ravine in prestigious South East Oakville. Surrounded by mature trees and lush greenery, the private backyard enjoys a peaceful natural backdrop rarely found in the city. Located in a highly regarded school district, this exceptional family home combines an established ravine setting with extensive modern renovations and a thoughtfully redesigned interior.Extensively renovated in 2017, the main level was reconfigured to create a brighter, more open and functional layout. The kitchen and bathrooms were relocated and completely rebuilt, while enlarged windows and widened glass patio doors bring abundant natural light into the home and create a seamless connection to the backyard. The upgraded kitchen features Bosch appliances and KitchenAid refrigerator, complemented by premium finishes. Bathrooms showcase marble detailing and quality Grohe fixtures, while significant plumbing and drainage improvements were also completed.Upstairs, four spacious bedrooms provide excellent accommodation for a growing family, with beautifully updated bathrooms adding contemporary comfort and style. Fully finished basement adds substantial additional living space with a custom home theatre featuring concealed wiring and enhanced soundproofing, fitness area, bedroom and bathroom. The mechanical layout was thoughtfully reconfigured, including relocation of the furnace and installation of a new owned hot water heater.Outdoor improvements completed in 2021 include new stone/paver surfaces and landscaped garden beds, further enhancing the private ravine setting.Enjoy a sun-filled south-facing home, mature landscaping and exceptional privacy, all within one of South East Oakville's most desirable family neighbourhoods. A rare opportunity to own a substantially renovated ravine residence combining natural beauty, modern comfort and an outstanding Oakville location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,679,200
Land Transfer Taxes$38,950
Legal Fees (Est.)
$
Total cash required for closing$460,250

Total Monthly Obligation

$9,553/mo
Mortgage $8,467
Monthly Loss $7,325
Principal$2,228
Interest$6,239
Property Tax$711
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.4%0
5-Year IRR
2.7%6
10-Year IRR
5.0%
Returns Index
4.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,096/yr
NOI
$27,556/yr
Net Cash Flow
-$6,170/mo
Cash Margin
-164.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.4/ 100

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

Comparables

Properties near 2194 Constance Drive

Time

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