2196 Providence Road, Oakville

$2,099,999
2196 Providence Road

$2,099,999

New
8d
Detached2-Storey

2196 Providence Road, Oakville

Total Monthly Obligation $9,657

Beds
3
Baths
4
Park
2
Sqft
2500-3000
DOM
8d
Score
14
Yield
2.9%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-W14080808
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-49.44 × 105.3 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,735.33 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Associates
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle, Metal, Flat
Foundation-Concrete
Sewer-Sewer
Possession-60-90 Days Flexible
Neighbourhood-1015 - RO River Oaks
Title-Residential Freehold

No agent assigned

Stunning 3 bedroom family home in the exclusive Woodhaven Estates community of Oakville! Surrounded by the scenic Sixteen Mile Creek trails, and backing onto maintained green space, this extensively renovated home is truly move-in ready and offers exceptional style, high end finishes, and privacy. Beautiful cherry hardwood floors, a custom mahogany front door and an impressive list of upgrades throughout. The gourmet kitchen features an oversized island, soapstone countertops and premium appliances, including a Sub-Zero fridge ('26), Monogram gas stove and range hood, and Fisher & Paykel dual dishwasher. The family room boasts extra-wide sliding doors leading to a private, beautifully landscaped backyard with mature trees, a built-in fountain, and outdoor fire table. The primary retreat features a stunning walk-in closet and spa-inspired ensuite with a separate soaker tub and dual walk-in glass shower. Two additional bedrooms, convenient second-floor laundry and heated floors in all bathrooms in the home. Finished basement with large above-grade windows, built-in TV and surround sound. All the major updates completed and an impressive list of thoughtful extras, every detail has been carefully considered. Additional features include automatic remote-controlled blinds and a hard-wired security system. Located in a sought-after, family-friendly neighbourhood close to highly rated schools, scenic trails, and easy highway access. An exceptional opportunity to enjoy luxury living in a serene natural setting! Irrigation system front & backyard. Hot/cold water lines to the garage. Solid Core doors throughout. Furnace/AC/Hot Water Tank '22, Roof '22, Soffits & Downspouts '22. Windows/patio door '22, Sub-Zero Wine Fridge'19.

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

Closing Costs

Mortgage Amount
$1,679,999
Land Transfer Taxes$38,975
Legal Fees (Est.)
$
Total cash required for closing$460,475

Total Monthly Obligation

$9,657/mo
Mortgage $8,471
Monthly Loss $7,428
Principal$2,229
Interest$6,242
Property Tax$811
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.8%10
10-Year IRR
6.5%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$60,000/yr
NOI
$39,765/yr
Net Cash Flow
-$5,157/mo
Cash Margin
-103.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.8/ 100

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

Comparables

Properties near 2196 Providence Road

Time

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