212 Kerr Street 702, Oakville

$449,999
212 Kerr Street 702

$449,999

New
3d
Condo Apartment1 Storey/Apt

212 Kerr Street 702, Oakville

Total Monthly Obligation $2,905

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
3d
Score
25
Yield
8.0%
Cash on Cash
3.2%
Cap Rate
5.3%
5Y IRR
18.1%
10Y IRR
16.7%
Property Type-Condo Apartment
MLS® Number-W14098012
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$1,978 (2025)
Maintenance-$725.18/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Possession-Immediate
Neighbourhood-1002 - CO Central
Title-Residential Condo & Other

No agent assigned

Corner Unit Renovation, Steps to the Lake. Kerr Village Living. Imagine your morning: coffee from Kerr Street Cafe, then a 5-minute walk to the Lake Ontario shoreline at Tannery Park. Your evening: dinner at Pasquale's Trattoria or Narenj, two of dozens of independent restaurants lining Kerr Street, all within steps of your front door. This is what Kerr Village living actually feels like, and this immaculate 2-bedroom corner unit is your front-row seat. Completely reimagined in 2026. Quartz countertops meet a slab backsplash and custom cabinetry in a kitchen that doesn't announce itself, it performs. Bosch stainless steel appliances stay the course. Wide plank engineered hardwood floors flow seamlessly through living and bedrooms. The marble-style bathroom feels like a sanctuary, not an afterthought. Light doesn't just enter this unit; it lives here. South/east-facing windows mean natural light from sunrise to sunset. The corner layout means minimal shared walls, so your space actually breathes. The private balcony extends your living space outdoors and becomes your third room by summer. The Kerr Village advantage: Oakville GO is a short bus ride or quick drive away. Lakeside Park's trails and beaches anchor your weekends. Independent coffee roasters, a farmers' market, and a culinary scene spanning Italian, Persian, and beyond. It's that rare neighbourhood where you know your cafe owner by name. Condo fees cover heat, hydro, water, party room, and secure underground parking.

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

Closing Costs

Mortgage Amount
$359,999
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,905/mo
Mortgage $1,815
Monthly Loss $2,428
Principal$478
Interest$1,338
Property Tax$165
Condo Fees$725
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.5%4
5-Year IRR
14.0%64
10-Year IRR
13.9%
Returns Index
33.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$19,395/yr
Net Cash Flow
-$199/mo
Cash Margin
-6.6%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
31.0/ 100

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

Comparables

Properties near 212 Kerr Street 702

Time

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