408- 345 WHEAT BOOM Drive, Oakville
Oakville
$469,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by Right At Home Realty, Brokerage
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Modern 1 bedroom plus den (648 sq ft plus 60 sq ft balcony) condominium unit complete with 9 ft ceilings, decorative light fixtures, and laminate flooring. The kitchen includes stainless steel appliances, soft-close doors, granite countertop, and a breakfast bar. Bright and spacious master bedroom with closet and built-ins. Bathroom tub with upgraded glass enclosure, complete with handheld shower head with slide bar. Ultra high speed internet (1.5 GBps) as well as Smart Home Hub with smart controls and keyless entry. Close to shopping, transit, highways, schools, trails, parks and the Oakville Hospital. Includes 1 underground parking space and an exclusive use locker.
MississaugaInvestor.ca
408- 345 WHEAT BOOM Drive
Condo Apartment · 1bd/1ba · ~650 sqft
$469,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.76%
Monthly Cash Flow
-$1,471/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-17.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$2,159 |
| Property Tax | −$324 |
| Insurance | −$225 |
| Condo Fee | −$520 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,471/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,893 |
| Insurance | −$2,700 |
| Condo Fee | −$6,240 |
| Annual NOI | $8,257 |
| Cap Rate | 1.76% |
Cash Required to Close
| Down Payment (20%) | $93,800 |
| Ontario Land Transfer Tax | $5,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $102,655 |
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.