
1011- 2379 Central Park Drive, Oakville
Oakville
$599,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE TERRA REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to a lifestyle where every day feels like a retreat.Imagine beginning your day in Suite 1011, a bright and spacious corner unit offering breathtaking panoramic views. Step onto your private balcony with a freshly brewed cup of coffee and enjoy the peaceful scenery, abundant natural light, and refreshing breeze. As the day winds down, watch the sunset paint the sky while you relax with your favourite beverage and take in the beautiful surroundings.This home offers much more than just stunning lake views-it provides a lifestyle designed for comfort, wellness, and convenience. Residents enjoy exceptional amenities, including a fully equipped fitness centre, an outdoor swimming pool, hot tub, sauna, beautifully landscaped BBQ area for entertaining, and a quiet library for those moments when you simply want to unwind.Inside, Suite 1011 features a bright open-concept layout enhanced by windows on two sides, allowing natural light to fill the space throughout the day. This unit offers a modern, low-maintenance living environment. freshly painted. creating a fresh, move-in-ready home.Ideally located close to parks, schools, shopping, restaurants, scenic walking trails, public transit, and major highways, this home offers the perfect balance of peaceful living and everyday convenience.Suite 1011 isn't just another condominium-it's a rare corner unit with exceptional views, outstanding amenities, and a location that truly has it all. Whether you're a first-time buyer, downsizer, or investor, this is an opportunity you won't want to miss.
MississaugaInvestor.ca
1011- 2379 Central Park Drive
Condo Apartment · 2bd/2ba · ~850 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.69%
Monthly Cash Flow
-$1,916/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-17.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,761 |
| Property Tax | −$415 |
| Insurance | −$225 |
| Condo Fee | −$747 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,916/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$4,979 |
| Insurance | −$2,700 |
| Condo Fee | −$8,964 |
| Annual NOI | $10,147 |
| Cap Rate | 1.69% |
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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