3294 Charles Fay Passage, Oakville

$1,550,000
3294 Charles Fay Passage

$1,550,000

New
2d
Detached2-Storey

3294 Charles Fay Passage, Oakville

Total Monthly Obligation $7,358

Beds
5
Baths
4
Park
1
Sqft
2500-3000
DOM
2d
Score
16
Yield
3.7%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-W14104518
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-33.86 × 111.7 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$8,773.75 (2026)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-1008 - GO Glenorchy
Title-Residential Freehold

No agent assigned

Executive Elegance in Oakville's Coveted Preserve Community. Extensively transformed with premium upgrades, this home exemplifies modern luxury, quality craftsmanship, and true pride of ownership. Come and be wowed with this 4+1 bed Executive home!!Thousands of $$ Spent on Premium Upgrades. This well loved and kept house won't last long. Some of the upgrade features include:* Crown Molding in every room. * High end Hardwood Floor. * 9ft ceiling. * Feature Walls/Flat Panel Molding in Dining and Living room. * Flat panel molding in family room ceiling. *French Molding in Foyer over 2 floors. * Magnificent Chandelier in Foyer. * Hardwood Stairs. * Light filled Foyer with soaring ceiling. * Double door entrance. * Epoxy coating in Garage floor. *Custom built closets. * Free Standing Tub in Primary Washroom. * Recessed Pot Lights all over the house. * Much desired open concept main floor. * 4+1 Bedrooms, 4 washrooms. * Main floor laundry with garage access. * Generous Dining area with remote controlled blinds. * Huge Primary bedroom for King sized bed and loads of extra room, Three additional generously sized bedrooms offer flexibility for family, guests, or a home office. * Storage room and many storage areas. * The completely finished basement adds exceptional value with a large rec-room, a 5th bedroom, a 3-piece bathroom, and a storage room- perfect for extended family, in law living, or a private guest suite. * Exterior upgrades include stone patio with tempered glass banisters and step lights.* Stone landscaped backyard and a Gazebo ready area. *Electric charge cable in Garage, just put the plug required for your vehicle. * Low traffic area makes safe for families. * Ideally located close to top-rated schools, parks, trails, shopping, and all amenities. This turnkey luxury home is a rare opportunity and won't last long!!

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Closing Costs

Mortgage Amount
$1,240,000
Land Transfer Taxes$27,475
Legal Fees (Est.)
$
Total cash required for closing$338,975

Total Monthly Obligation

$7,358/mo
Mortgage $6,252
Monthly Loss $5,713
Principal$1,645
Interest$4,607
Property Tax$731
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$57,600/yr
NOI
$38,566/yr
Net Cash Flow
-$3,038/mo
Cash Margin
-63.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.6/ 100

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

Comparables

Properties near 3294 Charles Fay Passage

Time

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Data last updated within the past 24 hours.