
1601- 2180 Marine Drive, Oakville
Oakville
$1,075,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Estimated from market price-to-rent ratios
Remarks
Live lakeside & enjoy beautiful views of Lake Ontario, Bronte Village & the Niagara Escarpment. This sought-after updated corner suite boasts 1830 sq ft of enviable living space, designed for comfort & relaxation. Presenting floor-to-ceiling windows with California style shutters showcasing views from every window. The grand foyer sets an impressive tone upon entry. Spacious living & dining areas provide the perfect setting for entertaining & everyday living. A bright, versatile den offers flexible space. At the heart of the home, the kitchen is thoughtfully designed with abundant cabinetry & ample counter space & a charming breakfast area bathed in natural light. The expansive primary bedroom serves as a private retreat with generous closet space & a four-piece ensuite. The second bedroom is also thoughtfully sized, creating a bright & comfortable space ideal for guests or family. A sun-filled, multi-purpose solarium delivers year-round enjoyment & adaptable living space. Completing the home is a three-piece bathroom & a convenient laundry/storage room. 1 owned underground parking space & exclusive-use locker are included. (The windows have recently been replaced with energy-efficient LowE glass.) Welcome to the prestigious 'Ennisclare II on the Lake' complex, set on 5 acres of stunning waterfront property in Bronte Village. Enjoy walking distance to the lake, harbor, trails, restaurants & cafes, amenities & shopping. This exceptional adult lifestyle community offers a wealth of amenities, including 24-hour security, social events, an indoor pool & hot tub, exercise rooms, saunas, a clubhouse overlooking the lake, party rooms, billiards, golf range, table tennis, workshop, art room, squash court, tennis court, outdoor seating areas, car wash, bike storage & visitor parking. (Dogs are not permitted & the complex is smoke-free.) Experience exclusive, resort-style waterfront living! VIEW THE 3D IGUIDE HOME TOUR FOR MORE PHOTOS, FLOOR PLAN, VIDEO & BROCHURE
MississaugaInvestor.ca
1601- 2180 Marine Drive
Condo Apartment · 2bd/2ba · ~1,900 sqft
$1,075,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.09%
Monthly Cash Flow
-$5,031/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-25.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$4,948 |
| Property Tax | −$744 |
| Insurance | −$225 |
| Condo Fee | −$1,821 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$5,031/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$8,923 |
| Insurance | −$2,700 |
| Condo Fee | −$21,852 |
| Annual NOI | $-985 |
| Cap Rate | -0.09% |
Cash Required to Close
| Down Payment (20%) | $215,000 |
| Ontario Land Transfer Tax | $17,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $235,975 |
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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