475 Willis Drive, Oakville

$1,449,900
475 Willis Drive

$1,449,900

New
22d
DetachedBungalow-Raised

475 Willis Drive, Oakville

Total Monthly Obligation $6,683

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
22d
Score
15
Yield
2.8%
Cash on Cash
-10.8%
Cap Rate
2.3%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-W13848506
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-61.11 × 122.95 ft
Listed on site-Oct 1, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$5,514 (2026)
Parking-5 - Attached
Basement-Separate Entrance, Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 MILLER REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas, Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-1020 - WO West
Title-Residential Freehold

No agent assigned

Thoughtfully renovated with a distinct mid-century modern feel, this inviting raised bungalow pairs clean lines, warm natural finishes and open-concept living with a flexible layout designed for today. Set on a 60 x 123 ft. lot on a welcoming residential street in West Oakville, the home was extensively renovated on the main level in 2022 by Cedar Row. Canadian wire-brushed hickory hardwood brings warmth throughout, complemented by upgraded doors and trim, custom built-ins and beautifully updated kitchen and baths. The open-concept living, dining and kitchen areas create an easy sense of connection. A wood-burning fireplace and custom built-ins anchor the living room, while the dining area opens to the rear deck. The kitchen features custom cabinetry by Trends Kitchens, Caesarstone counters, a breakfast bar and a well-appointed appliance package including a Cafe six-burner gas range with dual ovens.Three bedrooms and a renovated four-piece bathroom complete the main level. Downstairs, the finished lower level extends the living space with a recreation room featuring a natural gas fireplace, games or office area with heated floors and built-in wet bar, three-piece bathroom with heated flooring and a separate side entrance.Outside, a generous 23' x 14' PVC deck with glass railing overlooks the property featuring large mature trees and offers wonderful privacy, while the permeable driveway accommodates four vehicles in addition to the single-car garage. A polished, comfortable home with thoughtful updates throughout.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,159,920
Land Transfer Taxes$25,473
Legal Fees (Est.)
$
Total cash required for closing$316,953

Total Monthly Obligation

$6,683/mo
Mortgage $5,848
Monthly Loss $5,144
Principal$1,539
Interest$4,309
Property Tax$460
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.7%10
10-Year IRR
6.4%
Returns Index
6.3/ 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
$41,100/yr
NOI
$26,976/yr
Net Cash Flow
-$3,600/mo
Cash Margin
-105.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.6/ 100

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

Comparables

Properties near 475 Willis Drive

Time

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