
5- 2303 Marine Drive, Oakville
Oakville
$1,199,999
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,500/mo
Estimated from market price-to-rent ratios
Remarks
Beautiful Freehold End Unit Townhome in the Heart of Bronte. Welcome to 2303 Marine Drive, Unit 5, a rare freehold end-unit town home in the heart of Bronte Village. Just steps from the lake, marina, & the vibrant shops & restaurants of Bronte, this home offers a lifestyle that is both relaxing & connected. Unique from all the other units in the complex, this home has been extensively updated with stylish finishes & thoughtful design. A custom wood staircase, shiplap detailing, & a striking double-sided fireplace, accessible from both the living and dining rooms create warmth & character that truly set this property apart. A skylight floods the upper level with natural light, enhancing the bright, airy feel throughout. The updated kitchen (2023) features granite countertops & backsplash, while the primary suite is a true retreat with custom built-in double closets, additional storage, & a spa-inspired ensuite with heated floors. The family room is designed for entertaining with a custom bar, &the extended foyer offers an impressive welcome. Hardwood flooring, elegant window coverings, central vacuum, and an inground sprinkler system add both convenience & style. This home also offers two outdoor living spaces: a private back patio perfect for summer gatherings (2024), and a second patio above the garage with walkout access from the living room, the ideal spot for morning coffee, evening cocktails, or simply enjoying the breeze from the lake. Additional highlights include two fireplaces, quality appliances (2023), professional landscaping, an attached garage with inside entry, plus the peace of mind of a new furnace(2022), A/C (2022), tankless water heater (2022), windows (2022) and roof (2017). With just a $120/month maintenance fee, this property combines low-cost ownership with premium living. Dare to compare, this end-unit is truly one of a kind in Bronte.
MississaugaInvestor.ca
5- 2303 Marine Drive
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$1,199,999
Cash-Flow Report · August 3, 2026
Cap Rate
1.27%
Monthly Cash Flow
-$4,253/mo
Estimated Rent
$3,500/mo
Cash-on-Cash
-19.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,500 |
| Mortgage | −$5,523 |
| Property Tax | −$830 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,000 |
| Vacancy (5%) | −$175 |
| Cash Flow | -$4,253/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,000 |
| Vacancy (5%) | −$2,100 |
| Property Tax | −$9,960 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,000 |
| Annual NOI | $15,240 |
| Cap Rate | 1.27% |
Cash Required to Close
| Down Payment (20%) | $239,999.8 |
| Ontario Land Transfer Tax | $20,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,474.8 |
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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