
248- 2481 Taunton Road, Oakville
Oakville
$564,900
Cash flow, cap rate & mortgage breakdown
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Listed by ENGEL & VOLKERS OAKVILLE
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
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Step into luxury in this impeccably designed 2 bedroom, 1+1 bath condo spanning 717 square feet of contemporary living space. The journey begins as you drive your vehicle up to the second floor to your private parking spot (#88) which has you steps away from unit #248. Upon entering you will immediate feel this entertainers dream with the open-concept living area flooded with light and enhanced blinds for your everyday comfort. This unit truly holds every detail which has been thoughtfully considered to elevate your lifestyle. Unwind in the primary bedroom, where blackout blinds guarantee a peaceful night's sleep, while the second bedroom offers versatility for guests or personal use such as a home office.Venture beyond your unit and discover a plethora of resort-like amenities designed to cater to every need. Lounge by the outdoor pool oasis, let your pets frolic at the convenient pet washing station, or host gatherings in the well-appointed party room. Stay active in the gym and yoga room, or enjoy family time at the kids' play centre. With this unit you will also have a large locker and parking spot conveniently situated on the same floor. Experience the epitome of living in this meticulously crafted condo building here in the amazing Town of Oakville.
MississaugaInvestor.ca
248- 2481 Taunton Road
Condo Apartment · 2bd/2ba · ~750 sqft
$564,900
Cash-Flow Report · August 1, 2026
Cap Rate
2.09%
Monthly Cash Flow
-$1,615/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-15.66%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,600 |
| Property Tax | −$391 |
| Insurance | −$225 |
| Condo Fee | −$631 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,615/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$4,689 |
| Insurance | −$2,700 |
| Condo Fee | −$7,572 |
| Annual NOI | $11,829 |
| Cap Rate | 2.09% |
Cash Required to Close
| Down Payment (20%) | $112,980 |
| Ontario Land Transfer Tax | $7,773 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $123,753 |
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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