
302- 1903 Pilgrims Way, Oakville
Oakville
$815,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to The Arboretum, a gated condominium community located in the heart of Glen Abbey, one of Oakville's most established and desirable neighbourhoods. Known for its beautifully maintained grounds, mature trees, and welcoming atmosphere, this sought-after community offers the perfect balance of peaceful living and everyday convenience. Offering approximately 1,400 sq. ft., this bright and spacious corner suite features two bedrooms, two full bathrooms, and a thoughtfully designed layout that is both functional and inviting. Large windows fill the home with natural light, while the open-concept living and dining areas provide an ideal setting for everything from quiet evenings at home to entertaining family and friends. The convenience of in-suite laundry completes the space. The generously sized primary bedroom offers a walk-in closet and a well-appointed ensuite with a double vanity, separate shower, and soaker tub, creating a comfortable retreat at the end of the day. The second bedroom is perfect for guests, a home office, or additional living space and is located just steps from the second full bathroom. The updated kitchen combines modern finishes with plenty of cabinetry and workspace, making it as practical as it is stylish. Step outside onto your private balcony and enjoy the peaceful treed views-a perfect place to start your morning with a coffee or unwind as the day comes to an end. Residents of The Arboretum enjoy an exceptional selection of amenities, including a well-equipped fitness center, indoor swimming pool, hot tub, sauna, and a spacious party room for hosting family gatherings and special occasions. Ample visitor parking makes welcoming guests easy. Ideally located just minutes from Glen Abbey Golf Club, the scenic trails of Sixteen Mile Creek, local shops, cafés, a neighbourhood bakery, and some of Oakville's top-rated schools, this home also offers convenient access to the QEW, Highway 407, and the Oakville GO Station for an
MississaugaInvestor.ca
302- 1903 Pilgrims Way
Condo Apartment · 2bd/2ba · ~1,500 sqft
$815,000
Cash-Flow Report · August 2, 2026
Cap Rate
0.82%
Monthly Cash Flow
-$3,192/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-21.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,751 |
| Property Tax | −$564 |
| Insurance | −$225 |
| Condo Fee | −$1,122 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$3,192/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$6,765 |
| Insurance | −$2,700 |
| Condo Fee | −$13,464 |
| Annual NOI | $6,711 |
| Cap Rate | 0.82% |
Cash Required to Close
| Down Payment (20%) | $163,000 |
| Ontario Land Transfer Tax | $12,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $178,775 |
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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