2920 Kingsway Drive, Oakville

$1,888,800
2920 Kingsway Drive

$1,888,800

Price Change
51d
Detached2-Storey

2920 Kingsway Drive, Oakville

Total Monthly Obligation $8,680

Beds
6
Baths
4
Park
4
Sqft
3000-3500
DOM
51d
Score
16
Yield
3.9%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-W13738934
Beds-6
Bathrooms-4
Size-3000-3500 sqft
Lot Size-50.49 × 188.56 ft
Listed on site-Sep 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,237.64 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1004 - CV Clearview
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 4-bedroom family home offering over 3,000 sq. ft. of luxurious above-grade living space plus a fully finished basement, situated on an exceptional 50.49 x 188.56 ft. ravine lot offering outstanding privacy and a beautiful natural setting. Ideally positioned across from beautiful green space and a children's playground, with no homes directly opposite. Designed for elegant entertaining and comfortable family living, this impressive home features separate living and dining rooms, a spacious family room with wood-burning fireplace, versatile main-floor office ideal for a home office, guest room or additional sleeping space, bright breakfast area and convenient main-floor laundry. The brand-new kitchen showcases new cabinetry, elegant quartz countertops and a stylish backsplash. Extensive recent renovations include new hardwood flooring on the main and second levels, fresh paint throughout, pot lights throughout, and a completely renovated staircase with new wrought-iron spindles. The powder room and second-floor main bathroom have been completely renovated, while the primary ensuite features a new quartz countertop and cabinet doors. Upstairs offers four generously sized bedrooms, including an impressive primary retreat with ensuite and his-and-hers walk-in closets. The fully renovated basement features new vinyl flooring, drywall, pot lights, gas fireplace, an additional room and a full bathroom-ideal for guests, extended family, home office or recreation. Major improvements include A/C (2025), roof (2020), furnace (2018), new gutters and a new garage door. Ideally located in a highly desirable Oakville neighbourhood close to James W. Hill Public School, Oakville Trafalgar High School, Kingsway Park, Clarkson GO, QEW and Hwy 403. Combining extensive renovations, an exceptionally deep ravine lot and a prime location, this is a truly rare offering, presented for sale for the first time-an opportunity not to be missed!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,511,040
Land Transfer Taxes$34,251
Legal Fees (Est.)
$
Total cash required for closing$413,511

Total Monthly Obligation

$8,680/mo
Mortgage $7,619
Monthly Loss $6,675
Principal$2,005
Interest$5,614
Property Tax$686
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.0%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$72,984/yr
NOI
$52,948/yr
Net Cash Flow
-$3,207/mo
Cash Margin
-52.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
14.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2920 Kingsway Drive

Time

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