345 Wheat Boom Drive #102, Oakville

$389,900
345 Wheat Boom Drive #102

$389,900

New
22d
Condo ApartmentApartment

345 Wheat Boom Drive #102, Oakville

Total Monthly Obligation $2,530

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
21
Yield
6.9%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-W13846604
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,210 (2026)
Maintenance-$490/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-1010 - JM Joshua Meadows
Title-Residential Condo & Other

No agent assigned

Price for Quick sale## ###low low price####For Quick Sale####Amazing loft unit;Welcome to this bright & stunning one Bedroom loft unit , that features 9 ft floor-to-ceiling windows, located in sought-after Oak Village by Minto.This well-designed floor plan maximizes every inch of space includes Balcony. Loft unit offers you complete privacy This Open Concept layout gives you the ability to entertain with Dining/Living Combined .This modern kitchen is equipped with full size stainless steel appliances, upgraded Countertop with Subway Style backsplash, master bedroom offers large size closet , luxury bathroom with upgraded vanity with undermount sink, Olympia shower floor tile.private Laundry in the unit. Parking is Included! Keyless Entry throughout building with Smart Technology Pad in unit for two way Video Call to see guests in Lobby Entrance Or Deliveries. Unmatched technology that scans registered license plates to access Garage. SmartONE iOS/Android Phone App to control Room Lights, Lock/Unlock Door, Burglar Alarm, Thermostat etc. Secure Parcel deliveries in mailbox, Cameras throughout the building for security. Amenities include Gym, BBQ and Party room.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,530/mo
Mortgage $1,573
Monthly Loss $2,116
Principal$414
Interest$1,159
Property Tax$268
Condo Fees$490
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
11.0%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,012/yr
NOI
$12,821/yr
Net Cash Flow
-$504/mo
Cash Margin
-22.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.9/ 100

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

Comparables

Properties near 345 Wheat Boom Drive #102

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.