541 Sixteen Mile Drive, Oakville

$1,090,000
541 Sixteen Mile Drive

$1,090,000

New
15d
Att/Row/Townhouse2-Storey

541 Sixteen Mile Drive, Oakville

Total Monthly Obligation $5,250

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
15d
Score
16
Yield
3.7%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Att/Row/Townhouse
MLS® Number-W13877752
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-21 × 98.43 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$5,734 (2025)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-1008 - GO Glenorchy
Title-Residential Freehold

No agent assigned

Welcome to 541 Sixteen Mile Drive, this beautifully upgraded & impeccably maintained 3-bedroom, 3.5-bathroom freehold townhome in sought-after North Oakville. Impressive curb appeal features a striking stone, brick and stucco exterior, distinctive gables, arched windows & an upgraded limestone-covered entrance with contemporary glass privacy panels. Step inside to a bright, sophisticated interior showcasing 9-foot ceilings, rich hardwood flooring, designer lighting and thoughtfully selected finishes throughout. The open-concept main level is ideal for everyday living & entertaining, with spacious living and dining areas and oversized windows filling the home with natural light. The modern kitchen features crisp white cabinetry extending to the ceiling, granite countertops, mosaic tile backsplash, stainless steel appliances, chimney-style range hood and a large centre island. Upstairs, the spacious primary retreat offers hardwood flooring, a tray ceiling, elegant chandelier and spa-inspired ensuite with corner soaker tub, separate glass shower & stone-topped vanity. Two additional generous bedrooms, including one with a beautiful arched window, & a well-appointed main bathroom complete the upper level. The fully finished lower level provides exceptional additional living space with a large recreation area, full bathroom & dedicated laundry-perfect for movie nights, a home gym, playroom or guest space. Enjoy a private, low-maintenance outdoor area with extensive interlocking, privacy fencing & convenient storage. The upgraded garage features epoxy-coated flooring, EV charging capability & overhead storage. Additional updates include the furnace, dishwasher & toilets. Walk to three shopping plazas, the newly opened Sixteen Mile Sports Complex, highly rated schools, parks & scenic trails. Minutes to Oakville Trafalgar Memorial Hospital, Oakville Place & Oakville GO, with easy access to Hwy 407, 401 & QEW. Virtually Staged pictures.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$872,000
Land Transfer Taxes$18,275
Legal Fees (Est.)
$
Total cash required for closing$237,775

Total Monthly Obligation

$5,250/mo
Mortgage $4,397
Monthly Loss $4,093
Principal$1,157
Interest$3,240
Property Tax$478
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%17
10-Year IRR
7.9%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,320/yr
NOI
$26,054/yr
Net Cash Flow
-$2,226/mo
Cash Margin
-66.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.1/ 100

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

Comparables

Properties near 541 Sixteen Mile Drive

Time

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