2215 Lapsley Crescent, Oakville

$1,529,900
2215 Lapsley Crescent

$1,529,900

New
22d
Detached2-Storey

2215 Lapsley Crescent, Oakville

Total Monthly Obligation $7,116

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
22d
Score
15
Yield
3.5%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-W13847150
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-46.01 × 80.5 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,842.87 (2026)
Parking-4 - Built-In
Basement-Finished, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-1019 - WM Westmount
Title-Residential Freehold

No agent assigned

Welcome to 2215 Lapsley Crescent, a spacious and inviting 4-bedroom detached home located on a very quiet crescent in Oakville's desirable Westmount community. Designed with family living in mind, this home offers a functional layout with generous principal rooms and plenty of space to grow. The main floor features separate living and dining areas, a bright eat-in kitchen with breakfast area and extra pantry space, and a large family room perfect for relaxing or entertaining. Main-floor laundry and direct access to the double-car garage add to the everyday functionality. Upstairs, you'll find four well-sized bedrooms, including a spacious primary retreat complete with a walk-in closet and private 4 pace ensuite. The basement rec room provides an impressive amount of additional living space, ideal for a recreation room, home theatre, games area, gym or home office, with plenty of additional storage space and the potential to create an additional bedroom. Outside, enjoy a private backyard with concrete patio and plenty of room for entertaining and relaxing during the warmer months. Located in a sought-after, family-friendly Oakville neighbourhood close to schools, parks, trails, shopping, restaurants, transit and major highways. A wonderful opportunity to make a spacious Oakville family home your own.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,223,920
Land Transfer Taxes$27,073
Legal Fees (Est.)
$
Total cash required for closing$334,553

Total Monthly Obligation

$7,116/mo
Mortgage $6,171
Monthly Loss $5,492
Principal$1,624
Interest$4,547
Property Tax$570
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%17
10-Year IRR
7.9%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$53,400/yr
NOI
$36,717/yr
Net Cash Flow
-$3,111/mo
Cash Margin
-69.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.7/ 100

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

Comparables

Properties near 2215 Lapsley Crescent

Time

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Data last updated within the past 24 hours.