538 Fourth Line, Oakville
Oakville
$1,450,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
18
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Rare & Prestigious South Oakville Opportunity! Experience unmatched potential with this premium 16,415 sq ft western-exposure lot (273 ft deep) in a highly coveted neighborhood. Rare RL3 zoning permits building a 3-storey custom estate up to 12m high and over 17,000 sq ft-one of the last remaining oversized lots surrounded by newly built multi-million dollar mansions. The existing 5-bed, 3-bath raised bungalow has been meticulously stripped to the studs and transformed with master craftsmanship. Features a gourmet lacquer kitchen w/ quartz counters, porcelain finishes, & walk-out to a covered 16'4"x12'6" deck. Enjoy hardwood floors, crown molding, wainscoting, California shutters, & 2 electric fireplaces. The bright, above-grade lower level boasts a separate entrance, 2 bedrooms, rec room w/ wet bar & fireplace-ideal for in-laws or income. Complete with a new Lennox furnace, 200 Amp service, new windows/doors, and a detached tandem garage with a double turnaround driveway. Steps to Lake Ontario, marinas, GO Station, and Downtown Oakville. Top-tier school district: Ecole Pinegrove, St. Marys, St. Thomas Aquinas, and steps to Appleby College. LIVE IN, RENT, BUILD YOUR DREAM HOUSE!!!
MississaugaInvestor.ca
538 Fourth Line
Detached · 5bd/3ba · ~900 sqft
$1,450,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.34%
Monthly Cash Flow
-$3,842/mo
Estimated Rent
$5,545/mo
Cash-on-Cash
-14.48%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,545 |
| Mortgage | −$6,674 |
| Property Tax | −$1,003 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,208 |
| Vacancy (5%) | −$277 |
| Cash Flow | -$3,842/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$66,540 |
| Vacancy (5%) | −$3,327 |
| Property Tax | −$12,035 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,500 |
| Annual NOI | $33,978 |
| Cap Rate | 2.34% |
Cash Required to Close
| Down Payment (20%) | $290,000 |
| Ontario Land Transfer Tax | $25,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $318,475 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.