
309 Queen Mary Drive, Oakville
Oakville
$1,299,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Prime central location in one of Oakville's most desirable areas-steps to Kerr Village, Downtown Oakville, and the lake, all within a 10-minute walk. This rare oversized lot (64.17 ft x 155.67 ft) is a one-of-a-kind opportunity in an established neighbourhood. Live in and enjoy the newly renovated gourmet kitchen, or take advantage of the ideal setting to invest and build a personalized custom home on this exceptional lot. The main floor offers a practical layout with a bright living room, dining room, and three bedrooms. A separate side entrance leads to the basement, which is partially finished and includes a recreation room, second bathroom, laundry area, and workshop space. A beautifully landscaped yard provides a private outdoor retreat designed for everyday enjoyment. Curated plantings and a well-maintained lawn create a serene backdrop for morning coffee, weekend gatherings, or quiet evenings outdoors. Defined areas for relaxation, play, and entertaining make the space both functional and inviting-perfect for buyers seeking turnkey outdoor living. Highly desirable location close to Oakwood Public School, École Sainte-Marie Catholic Elementary School, W.H. Morden Public School, MacLachlan College, New Central Public School, Gary Allan High School, and nearby daycare options-offering convenience and lifestyle in the heart of downtown Oakville.
MississaugaInvestor.ca
309 Queen Mary Drive
Detached · 4bd/2ba · ~1,300 sqft
$1,299,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.39%
Monthly Cash Flow
-$3,398/mo
Estimated Rent
$5,040/mo
Cash-on-Cash
-14.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,040 |
| Mortgage | −$5,979 |
| Property Tax | −$899 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$252 |
| Cash Flow | -$3,398/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,480 |
| Vacancy (5%) | −$3,024 |
| Property Tax | −$10,782 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,990 |
| Annual NOI | $30,984 |
| Cap Rate | 2.39% |
Cash Required to Close
| Down Payment (20%) | $259,800 |
| Ontario Land Transfer Tax | $22,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,255 |
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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