3285 Carding Mill Trail 403, Oakville

$635,999
3285 Carding Mill Trail 403

$635,999

New
16d
Condo ApartmentApartment

3285 Carding Mill Trail 403, Oakville

Total Monthly Obligation $3,614

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
16d
Score
18
Yield
5.3%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W13873908
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,522 (2025)
Maintenance-$555/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE HEARTS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-1008 - GO Glenorchy
Title-Residential Condo & Other

No agent assigned

Welcome To Sophisticated And Oakville's Highly Sought-After Preserve Neighborhood! 2 1/2 Years Old 2-Bedroom, 2-Bathroom Condo. Designed With Modern Lifestyles In Mind, The Open-Concept Floor Plan Seamlessly Connects The Living, Dining, And Kitchen Areas-Ideal For Both Relaxing And Entertaining. The Sleek Kitchen Comes Fully Equipped With Stainless Steel Appliances And Quartz Countertops. The Primary Bedroom Serves As A Spacious Private Retreat, Featuring A Closet And A 4-piece Ensuite. A Well-Appointed Second Bedroom And Bathroom Offer Ideal Space For Guests, Family, Or A Home Office. Additional Conveniences Include An In-Suite Laundry Area With A Stacked Washer-Dryer, 1 Underground Parking Spot, And A Dedicated Storage Locker. Living In Building B Is Just Steps Away From Neighboring Building A, Where The Building Manager, Concierge, And The Gym Are Located. Access The Gym Effortlessly Via The Underground Parking Lot Or Directly From The Street. Step Outside Your Door To Scenic Walking Trails, Top-Rated Schools, Parks, Shopping, And Transit. Experience Luxury, Nature, And Convenience All In One Place! A Must See!

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$508,799
Land Transfer Taxes$9,195
Legal Fees (Est.)
$
Total cash required for closing$137,895

Total Monthly Obligation

$3,614/mo
Mortgage $2,565
Monthly Loss $2,939
Principal$675
Interest$1,890
Property Tax$294
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.8/ 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
$33,996/yr
NOI
$18,014/yr
Net Cash Flow
-$1,064/mo
Cash Margin
-37.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.7/ 100

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

Comparables

Properties near 3285 Carding Mill Trail 403

Time

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