
2309 Eighth Line, Oakville
Oakville
$1,958,800
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS REALTY CENTRES
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
28
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$5,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Joshua Creek, one of Oakville's most sought-after communities, renowned for its top-ranked Fraser Institute schools, scenic parks, ponds, and walking trails. Completely renovated from top to bottom, this stunning carpet-free home is vacant, move-in ready, and features brand-new finishes throughout-never lived in since completion. The renovations and finishes are LESS THAN 2 MONTHS OLD, offering buyers the opportunity to enjoy a truly turnkey home with the feel of new construction (FURNACE & AC 2-3 YEARS OLD, ROOF 4-5 YEARS OLD). Step inside to soaring 9-foot ceilings, a bright open-concept layout, and a beautifully redesigned kitchen featuring brand-new cabinetry, countertops, appliances, pot lights, and modern finishes. A striking new staircase railing adds to the home's contemporary elegance, while two natural gas fireplaces provide warmth and character. Every spacious bedroom features its own walk-in closet, and the fully finished basement provides endless possibilities for entertaining, multigenerational living, a home gym, or a home office. Outside, FIND A BRAND NEW DRIVEWAY AND REPAVED INTERLOCK! Discover a truly special backyard highlighted by mature landscaping and a breathtaking canopy of established wisteria-an irreplaceable feature cultivated over many years that creates a private garden retreat unlike any other. This isn't simply a renovated house; it's a rare opportunity to own a turnkey luxury home in one of Oakville's most desirable neighbourhoods. The property is vacant and offers a flexible possession date, making it ideal for buyers looking for a seamless move. Just unpack and enjoy!
MississaugaInvestor.ca
2309 Eighth Line
Detached · 5bd/5ba · ~3,250 sqft
$1,958,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.03%
Monthly Cash Flow
-$7,336/mo
Estimated Rent
$5,150/mo
Cash-on-Cash
-20.45%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,150 |
| Mortgage | −$9,016 |
| Property Tax | −$1,355 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,632 |
| Vacancy (5%) | −$258 |
| Cash Flow | -$7,336/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,800 |
| Vacancy (5%) | −$3,090 |
| Property Tax | −$16,258 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,588 |
| Annual NOI | $20,164 |
| Cap Rate | 1.03% |
Cash Required to Close
| Down Payment (20%) | $391,760 |
| Ontario Land Transfer Tax | $35,651 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $430,411 |
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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