
406 Levanna Lane, Oakville
Oakville
$999,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
3
Days on Market
56
Price Drop
8%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,300/mo
Estimated from market price-to-rent ratios
Remarks
Located in Oakville's popular River Oaks neighbourhood, this beautiful 3-bed, 3-bath semi-detached home offers the space, convenience, and lifestyle that families are looking for. From the moment you enter, the welcoming slate tile flooring creates a warm first impression, offering both timeless appeal and practical everyday living. The eat-in kitchen features ceramic tile and a functional layout, with sliding doors that lead directly to the deck, making it easy to enjoy outdoor dining and entertaining. The living room has been updated with new flooring and the large windows create a bright and welcoming space. Upstairs offers three generously sized bedrooms, including a primary bedroom complete with its own ensuite bathroom, while an updated main bathroom provides convenience for family members and guests. The finished basement adds valuable living space with a large recreation room that can be used for movie nights, a playroom, games area, home gym, or home office. An additional flex room provides even more versatility to suit your family's needs, while the laundry room includes a bathroom rough-in, offering potential for a future bathroom and added convenience. One of the standout features of this property is the nearly 200-foot-deep lot. The backyard offers plenty of room for kids and pets to play, gardening, entertaining on the deck, and even enough space for a pool or a garden suite. The attached one-car garage and extra-long driveway provide parking for up to five vehicles, with space for four cars on the driveway alone-ideal for growing families, visitors, or households with multiple drivers. River Oaks offers excellent schools, parks, trails, recreation facilities, and easy access to shopping, transit, the GO Train, and major highways, making it a great place for families to live and stay active. This is more than just a house-it's an opportunity to put down roots in a vibrant neighbourhood where families thrive and neighbours become friends.
MississaugaInvestor.ca
406 Levanna Lane
Semi-Detached · 3bd/3ba · ~1,750 sqft
$999,900
Cash-Flow Report · August 4, 2026
Cap Rate
1.66%
Monthly Cash Flow
-$3,217/mo
Estimated Rent
$3,300/mo
Cash-on-Cash
-17.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,300 |
| Mortgage | −$4,602 |
| Property Tax | −$692 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$165 |
| Cash Flow | -$3,217/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,600 |
| Vacancy (5%) | −$1,980 |
| Property Tax | −$8,299 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,999 |
| Annual NOI | $16,622 |
| Cap Rate | 1.66% |
Cash Required to Close
| Down Payment (20%) | $199,980 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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