1580 Lancaster Drive 29, Oakville

$899,900
1580 Lancaster Drive 29

$899,900

New
3d
Semi-Detached Condo2-Storey

1580 Lancaster Drive 29, Oakville

Total Monthly Obligation $4,328

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
3d
Score
19
Yield
4.8%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Semi-Detached Condo
MLS® Number-W14100390
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Semi-Detached Condo
Taxes-$3,867.79 (2026)
Maintenance-$176/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BAY STREET INTEGRITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick Front
Possession-Immediate
Neighbourhood-1005 - FA Falgarwood
Title-Residential Condo & Other

No agent assigned

Welcome to 29-1580 Lancaster Drive-a beautifully refreshed and exceptionally spacious 3-bedroom, 3-bathroom semi-detached condominium home in Oakville's established, family-friendly Falgarwood community. Freshly painted with recent repairs completed, this move-in-ready home offers a bright, open-concept main floor featuring a renovated white kitchen with granite breakfast bar, an expansive living and dining area, hardwood flooring, large windows and oversized patio doors opening to a private, fully fenced backyard and deck-perfect for relaxing, entertaining or family enjoyment. Upstairs are three generously sized bedrooms, including a spacious primary bedroom with ensuite, along with excellent closet and storage space. The finished lower level adds valuable living space with a comfortable family/recreation room, pot lights, a dedicated office area and laundry. Complete with an attached garage and two-car parking, this inviting home is conveniently located near schools, parks, trails, shopping, public transit and major commuter routes. A rare combination of space, privacy and everyday convenience-freshly updated and ready to welcome its next owner.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,328/mo
Mortgage $3,630
Monthly Loss $3,373
Principal$955
Interest$2,675
Property Tax$322
Condo Fees$176
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,756/yr
NOI
$30,101/yr
Net Cash Flow
-$1,122/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.9/ 100

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

Comparables

Properties near 1580 Lancaster Drive 29

Time

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Data last updated within the past 24 hours.