
306- 263 Georgian Drive, Oakville
Oakville
$599,900
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS EDGE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
25
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
This is the one you walk into and don't want to leave. A fully renovated corner suite in Oakville's sought-after River Oaks community. Unit 306 at 263 Georgian Drive delivers a level of finish that stops you at the door - modern hard flooring throughout, upgraded cabinetry, quartz counters, custom wainscotting and all new appliances in 2025. No carpet. No shortcuts. Just a home that was done right. The open-concept living and dining area is flooded with natural light from the southwest corner exposure, with 9-foot ceilings that make every square foot feel intentional. Two well-proportioned bedrooms, two full bathrooms - including a private ensuite off the primary - and in-suite laundry round out a layout that works for real life. Then there's the terrace. At 225 square feet, southwest-facing, and gas line ready for a built-in BBQ connection - this is outdoor living that most condos in Oakville simply can't offer. Morning coffee or evening entertaining, the exposure and the privacy make it a four-season asset. Walk to trendy restaurants, grocery stores, and boutique retail - with major box stores just around the corner. Family-friendly location in highly coveted school zone with French Immersion available. Sheridan College, Oakville Trafalgar Memorial Hospital, and quick access to the 403, 407, and QEW all within easy reach. Monthly condo fees of $465 cover weekly cleaning of the common elements, landscaping, snow removal, visitor parking, maintenance, insurance, and the full building envelope - roof, windows, and doors. Everything outside your front door is taken care of.
MississaugaInvestor.ca
306- 263 Georgian Drive
Condo Townhouse · 2bd/2ba · ~850 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.26%
Monthly Cash Flow
-$1,634/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-14.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,761 |
| Property Tax | −$415 |
| Insurance | −$225 |
| Condo Fee | −$465 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,634/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$4,979 |
| Insurance | −$2,700 |
| Condo Fee | −$5,580 |
| Annual NOI | $13,531 |
| Cap Rate | 2.26% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
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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