2331 Marine Drive, Oakville

$1,439,000
2331 Marine Drive

$1,439,000

New
15d
Att/Row/Townhouse3-Storey

2331 Marine Drive, Oakville

Total Monthly Obligation $6,611

Beds
3
Baths
3
Park
3
Sqft
2500-3000
DOM
15d
Score
15
Yield
3.1%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Att/Row/Townhouse
MLS® Number-W13876870
Beds-3
Bathrooms-3
Size-2500-3000 sqft
Lot Size-22.9 × 114.5 ft
Listed on site-Oct 8, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-31-50
Taxes-$5,182 (2026)
Parking-4 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Electric, Other, Rec Room, Living Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-1001 - BR Bronte
Title-Residential Freehold

No agent assigned

Life feels a little easier at 2331 Marine Drive, a bright end-unit townhome that puts the best of Bronte Village within an easy walk. With threebedrooms and three bathrooms, there's plenty of room to spread out across multiple light-filled levels. Start on the ground floor, where a flexibleoffice or gym opens directly to the backyard patio. A three-piece bathroom, useful storage, and interior garage access make this level highlyfunctional and perfect for busy daily living. Upstairs, the kitchen with plenty of storage includes a comfortable breakfast area and a pass-throughto the dining room. The living room is ready for relaxed evenings, complete with a fireplace and a walkout to a deck overlooking the backyard.The next level features three bedrooms, one with semi-ensuite access, and a dedicated laundry station with stacked washer/dryer perfectlysituated making laundry day a breeze. The spacious principal bedroom has its own deck, creating a quiet spot for morning coffee or late-nightcocktail. Lofted above is the fully renovated, spa-inspired ensuite with a free standing tub, separate water closet with sink, and custom walk-incloset. Then there's the neighbourhood. Founded in 1834 and existing as an independent village for more than 125 years before becoming partof Oakville, Bronte stands as one of the town's most distinct and distinctive areas. Complete, compact, and pedestrian-friendly with waterfrontproximity, makes Bronte attractive to the young and young at heart. Walk your kayak or paddleboard to the lake, head to your boat, browsenearby shops, grab dinner at Plank Resto bar or any of the other restaurants close by, and stock up on groceries at Farm Boy. Bronte Harbourand the marina are close by, and Bronte GO keeps commuting simple. On weekends, leave the car parked and enjoy everything around you. Thistownhome has had many updates over the years and is move in ready for the new owner to call "home".

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,151,200
Land Transfer Taxes$25,255
Legal Fees (Est.)
$
Total cash required for closing$314,555

Total Monthly Obligation

$6,611/mo
Mortgage $5,805
Monthly Loss $5,084
Principal$1,527
Interest$4,277
Property Tax$432
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.0%
Returns Index
7.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$44,040/yr
NOI
$29,954/yr
Net Cash Flow
-$3,308/mo
Cash Margin
-90.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.9/ 100

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

Comparables

Properties near 2331 Marine Drive

Time

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