
303- 123 Maurice Drive, Oakville
Oakville
$1,875,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX Escarpment Realty Inc., Brokerage
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
43
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,100/mo
Estimated from market price-to-rent ratios
Remarks
Nestled within The Berkshire Residences, this exceptional an impeccably designed two bedroom + den residence offering seamless luxury living and refined comfort. Offering 1,753 sq. ft. of beautifully designed interior space plus a 181 sq. ft. private balcony, this residence combines sophisticated elegance with modern comfort. Thoughtfully curated with premium upgrades completed in 2025 prior to occupancy, every detail has been elevated to create a truly turnkey lifestyle. The suite features soaring 10-foot ceilings, upgraded designer lighting throughout, and extensive custom built-ins that seamlessly blend style and functionality. Every bedroom closet has been enhanced with custom closet organizers, while the second bedroom showcases a full wall of bespoke cabinetry complete with an integrated Murphy bed, offering both versatility and refined design. The den has also been fully customized with stunning built-ins, creating the perfect executive workspace or stylish retreat. The contemporary chef inspired kitchen is complemented by an upgraded full-size dishwasher and premium finishes, while two spa like bathrooms feature upgraded vanities and high-end tile selections that exude timeless sophistication. Adding to the convenience are two tandem parking spaces equipped with EV Stage 2 charging and a private locker for additional storage. Designed for discerning buyers seeking elegance, comfort, and convenience, this remarkable residence offers an unparalleled opportunity to experience upscale living at The Berkshire Residences in one of Oakville's most desirable communities.
MississaugaInvestor.ca
303- 123 Maurice Drive
Condo Apartment · 3bd/3ba · ~1,700 sqft
$1,875,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.35%
Monthly Cash Flow
-$8,078/mo
Estimated Rent
$4,100/mo
Cash-on-Cash
-23.53%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,100 |
| Mortgage | −$8,630 |
| Property Tax | −$1,297 |
| Insurance | −$225 |
| Condo Fee | −$1,821 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$8,078/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,200 |
| Vacancy (5%) | −$2,460 |
| Property Tax | −$15,563 |
| Insurance | −$2,700 |
| Condo Fee | −$21,852 |
| Annual NOI | $6,625 |
| Cap Rate | 0.35% |
Cash Required to Close
| Down Payment (20%) | $375,000 |
| Ontario Land Transfer Tax | $33,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $411,975 |
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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