212 Kerr Street 404, Oakville

$449,900
212 Kerr Street 404

$449,900

New
8d
Condo Apartment1 Storey/Apt

212 Kerr Street 404, Oakville

Total Monthly Obligation $2,941

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
8d
Score
24
Yield
8.0%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.4%
Property Type-Condo Apartment
MLS® Number-W14087902
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$2,153.35 (2025)
Maintenance-$746.96/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete Poured
Possession-30-60-TBA
Neighbourhood-1002 - CO Central
Title-Residential Condo & Other

No agent assigned

Bright, spacious, and full of personality, this stylish condo stands out with a smart, functional layout and an airy feel that's hard to find in the area. Best price in the building. Thoughtfully designed for comfortable everyday living and easy entertaining, the open-concept space flows seamlessly from the modern kitchen to the generous living area and private balcony, in one of the town's most vibrant neighbourhoods. Primary bedroom with walk-in closet. Surrounded by great dining, shopping, parks, transit, and everyday conveniences, this is an incredible opportunity for first-time buyers, downsizers or investors looking for value, lifestyle, and location. Don't miss your chance to get into one of Oakville's most dynamic communities. Includes 1 parking spot and 1 locker. Maintenance fees include heat, hydro, and water. Please note no dogs, no smoking building.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,941/mo
Mortgage $1,815
Monthly Loss $2,464
Principal$478
Interest$1,337
Property Tax$179
Condo Fees$747
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.6%62
10-Year IRR
13.7%
Returns Index
32.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$36,084/yr
NOI
$18,959/yr
Net Cash Flow
-$235/mo
Cash Margin
-7.8%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
30.3/ 100

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

Comparables

Properties near 212 Kerr Street 404

Time

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Data last updated within the past 24 hours.