
497 Manhattan Common, Oakville
Oakville
$979,000
Cash flow, cap rate & mortgage breakdown
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Listed by KAPS REALTY GROUP INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,250/mo
Estimated from market price-to-rent ratios
Remarks
** View Virtual Tour ** Welcome To This Remarkable Corner Unit Townhome Located In Exquisite Rural Oakville. An Executive End Unit Townhouse, With Approximately 1,860 Sq. Ft. Of Living Space, Boasting 3+1 Bedrooms And 3 Washrooms. With Hardwood Floors, Freshly Painted, No Carpet! This Home Has An HRV System; Cold Room in Basement; EV rough-in; Electric Fire Place; Granite Countertops; Wrought Iron Pickets; Beautiful Zebra Window Coverings. Open Concept Main Level Floor Plan With Private Balcony; Ground Floor Den/Office And Laundry; Other Features Include 9' Ceilings On Ground And Main Floor. The Main Floor Offers Space To Design A Home Office Or Sitting Area For Guests, Hardwood Floors And Large Windows. It Also Has Direct Access To The Garage. The Second Floor Has An Open Concept Layout, With The Chef's Kitchen, Breakfast Area, And Living Room With W/O To A Private Balcony. The Beautiful Upgraded Kitchen Boasts S/S Appliances, Upgraded & Extended Cabinets With Pantry Space, Beautiful Countertops, With An Island For Extended Prep & Hosting Space. The Living Area Has An Electric Fireplace, Large Windows, And A Walkout To The Covered Balcony. 3 Spacious Bedrooms Upstairs, Large Windows And Their Own Closet Space. The Primary Bedroom Features a 3 Piece Ensuite And A Walk Out To The Private Balcony. 2 Additional Bedrooms Share A 3 Piece Bathroom. Prime Location close to major highways, schools, hospitals and all your local shopping!
MississaugaInvestor.ca
497 Manhattan Common
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$979,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.68%
Monthly Cash Flow
-$3,137/mo
Estimated Rent
$3,250/mo
Cash-on-Cash
-17.52%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,250 |
| Mortgage | −$4,506 |
| Property Tax | −$677 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$816 |
| Vacancy (5%) | −$163 |
| Cash Flow | -$3,137/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,000 |
| Vacancy (5%) | −$1,950 |
| Property Tax | −$8,126 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,790 |
| Annual NOI | $16,434 |
| Cap Rate | 1.68% |
Cash Required to Close
| Down Payment (20%) | $195,800 |
| Ontario Land Transfer Tax | $16,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $214,855 |
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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