2490 Old Bronte Road 223, Oakville

$599,000
2490 Old Bronte Road 223

$599,000

New
14d
Condo ApartmentApartment

2490 Old Bronte Road 223, Oakville

Total Monthly Obligation $3,585

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
14d
Score
17
Yield
5.5%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-W13883046
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,050.91 (2026)
Maintenance-$714.15/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Other (Ground Source)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Flat
Possession-Flexible
Neighbourhood-1019 - WM Westmount
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully upgraded 2 bed/2 bath condo offering 2 underground parking spaces and 1 locker at a sought-after Oakville address in Bronte Creek. Featuring upgraded laminate flooring and marble ceramics, granite countertops and stylish finishes throughout, this unit combines modern comfort with everyday convenience. Enjoy an impressive selection of building amenities, including a fitness centre and yoga studio, party room and rooftop terrace. Ideally located with quick access to major highways and go stations making commuting throughout the GTA a breeze. Close to shopping, restaurants, cafes, everyday essentials and the state of the art Oakville Trafalgar Memorial Hospital for added peace of mind. Situated near top ranked elementary and secondary schools, with parks and recreational opportunities nearby. An excellent opportunity to enjoy comfortable, convenient living in a desirable Oakville community.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

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

Total Monthly Obligation

$3,585/mo
Mortgage $2,416
Monthly Loss $2,949
Principal$636
Interest$1,780
Property Tax$254
Condo Fees$714
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.5%21
10-Year IRR
8.8%
Returns Index
11.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$32,676/yr
NOI
$15,388/yr
Net Cash Flow
-$1,134/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.5/ 100

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

Comparables

Properties near 2490 Old Bronte Road 223

Time

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Data last updated within the past 24 hours.