128 Garden Drive 324, Oakville

$599,000
128 Garden Drive 324

$599,000

New
15d
Condo ApartmentApartment

128 Garden Drive 324, Oakville

Total Monthly Obligation $3,611

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
15d
Score
18
Yield
5.7%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W13878524
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,706 (2025)
Maintenance-$686.29/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-1002 - CO Central
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 324 at Wyndham Place, a boutique low-rise residence in sought-after Old Oakville. This freshly painted, east-facing 2-bedroom, 2-bathroom suite offers a bright and inviting place to call home, with morning sunlight and a functional layout designed for everyday comfort. The open-concept living and dining area flows into a well-appointed kitchen featuring granite countertops, stainless steel appliances and ample cabinetry. The primary bedroom offers a private ensuite 3-piece bathroom and a walk in closet, while the second bedroom and additional full bathroom provide flexibility for family, guests or a home office. Enjoy the convenience of in-suite laundry and your own private balcony. Wyndham Place is a well-maintained 4-storey building offering a fitness centre, party room, rooftop terrace, visitor parking and secure underground parking. Ideally located near the shops, cafés and restaurants of Kerr Village and Downtown Oakville, with waterfront trails, parks, grocery stores and everyday amenities all close by. Oakville GO Station and major highways are also within easy reach, making commuting simple. An excellent opportunity to enjoy refined, low-rise living in one of Oakville's most desirable neighborhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,611/mo
Mortgage $2,416
Monthly Loss $2,976
Principal$636
Interest$1,780
Property Tax$309
Condo Fees$686
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.2%24
10-Year IRR
9.4%
Returns Index
13.4/ 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
$34,368/yr
NOI
$16,590/yr
Net Cash Flow
-$1,034/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 128 Garden Drive 324

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.