390 Upper Middle Road E 305, Oakville

$1,099,900
390 Upper Middle Road E 305

$1,099,900

New
2d
Condo Apartment1 Storey/Apt

390 Upper Middle Road E 305, Oakville

Total Monthly Obligation $6,519

Beds
2
Baths
2
Park
1
Sqft
1800-1999
DOM
2d
Score
17
Yield
5.7%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W14102730
Beds-2
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$6,676.02 (2025)
Maintenance-$1,325.98/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Exterior-Brick, Stone
Roof-Flat
Possession-30-60 Days / TBA
Neighbourhood-1005 - FA Falgarwood
Title-Residential Condo & Other

No agent assigned

An exceptional opportunity to own a luxurious one-floor condominium in the prestigious North Morrison House, an exclusive low-rise boutique building with only 15 units. Built by the renowned Dawn Victoria Homes, this three-story residence boasts impressive curb appeal and is nestled within a serene, protected forest and valley, offering unparalleled privacy and tranquility. This rare and highly sought-after unit spans 1,920 square feet and features a thoughtfully designed open-concept layout ideal for both family living and entertaining. The suite includes two bedrooms, a versatile den (easily convertible to a third bedroom), and high-end finishes throughout. Key features include: Elegant interiors: coffered ceilings, 9-foot ceilings, and 6-inch baseboards in the living/dining room and front hall. Luxurious amenities: A double-sided gas fireplace (shared between the living room and den), extensive pot lighting, and crown molding in the living and dining areas. Gourmet kitchen: Equipped with stainless steel appliances and designed for the discerning chef. Quality craftsmanship: Hardwood flooring in the living, dining, bedroom, and den areas, along with custom closet organizers in both bedrooms. Spacious bathrooms: Designed with both functionality and luxury in mind. The pride of ownership is evident in every detail, making this move-in-ready condominium a true gem. Don't miss this rare opportunity to experience refined living in one of the most exclusive settings.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$6,519/mo
Mortgage $4,437
Monthly Loss $5,351
Principal$1,168
Interest$3,269
Property Tax$556
Condo Fees$1,326
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.0/ 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
$62,484/yr
NOI
$31,248/yr
Net Cash Flow
-$1,833/mo
Cash Margin
-35.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.9/ 100

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

Comparables

Properties near 390 Upper Middle Road E 305

Time

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