
805- 1905 Pilgrims Way, Oakville
Oakville
$774,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
26
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Rarely offered 2-bedroom + sunroom, 2-bathroom suite with 1,449 sq. ft. of spacious, low-maintenance living in Oakville's highly sought-after Glen Abbey community. Suite 805 offers an excellent layout with generous principal rooms, a large kitchen, two full bathrooms, ensuite laundry, one exclusive underground parking space, and a storage locker. This suite is largely original, providing a wonderful opportunity to enjoy it as-is or update it to your own taste over time. A special feature of this unit is the custom-built sunroom, completed during the original construction of the building at the request of the sellers. This enclosed space adds comfort, flexibility, and year-round enjoyment, creating an inviting extension of the living area. The open living and dining areas provide excellent space for everyday living and entertaining. The eat-in kitchen offers abundant cabinetry, a built-in cooktop and oven, dishwasher, generous workspace, a separate seating area, and a charming bay window that brings in natural light. The primary bedroom features a large window, generous natural light, an expansive walk-in closet, and a private ensuite bath. The second bedroom is also spacious and well-suited for guests, family, or a home office. Residents enjoy an impressive list of building amenities, including an indoor pool, hot tub, sauna, change rooms, party room with full kitchen, fitness centre, billiards room, library, hobby/games room, tennis courts, car wash bay, outdoor patio with BBQs, visitor parking, and guest suites. Located in the heart of Glen Abbey, just minutes from the renowned Glen Abbey Golf Course, Monastery Bakery, Glen Abbey Community Centre, local trails, parks, transit, major highways, and charming downtown Oakville.
MississaugaInvestor.ca
805- 1905 Pilgrims Way
Condo Apartment · 2bd/2ba · ~1,500 sqft
$774,900
Cash-Flow Report · August 1, 2026
Cap Rate
0.72%
Monthly Cash Flow
-$3,102/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-21.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$3,567 |
| Property Tax | −$536 |
| Insurance | −$225 |
| Condo Fee | −$1,196 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$3,102/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$6,432 |
| Insurance | −$2,700 |
| Condo Fee | −$14,352 |
| Annual NOI | $5,586 |
| Cap Rate | 0.72% |
Cash Required to Close
| Down Payment (20%) | $154,980 |
| Ontario Land Transfer Tax | $11,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $169,953 |
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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