1201- 65 Speers Road, Oakville
Oakville
$459,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX CENTRE MUSTAFA ZIA REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Rain Condominiums by Empire Communities in the heart of Kerr Village. This stylish 1-bedroom plus den suite features 9-foot ceilings, hardwood floors, stainless steel appliances, a breakfast bar, and a spacious balcony. The den is perfect for a home office. Enjoy premium amenities including a 24-hour concierge, indoor pool, sauna, fitness centre with yoga studio, rooftop terrace with BBQs, party room, guest suites, car wash, and pet wash station. Steps to Kerr Village, the GO Station, shopping, dining, and trails, with easy access to the QEW, 403, downtown Oakville, and the waterfront.
MississaugaInvestor.ca
1201- 65 Speers Road
Condo Apartment · 2bd/1ba · ~650 sqft
$459,900
Cash-Flow Report · August 1, 2026
Cap Rate
2.45%
Monthly Cash Flow
-$1,178/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-14.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,117 |
| Property Tax | −$318 |
| Insurance | −$225 |
| Condo Fee | −$608 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,178/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,817 |
| Insurance | −$2,700 |
| Condo Fee | −$7,296 |
| Annual NOI | $11,267 |
| Cap Rate | 2.45% |
Cash Required to Close
| Down Payment (20%) | $91,980 |
| Ontario Land Transfer Tax | $5,673 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $100,653 |
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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