297 Oak Walk Drive 2204, Oakville

$550,000
297 Oak Walk Drive 2204

$550,000

New
21d
Condo Apartment1 Storey/Apt

297 Oak Walk Drive 2204, Oakville

Total Monthly Obligation $3,356

Beds
2
Baths
1
Park
62
Sqft
800-899
DOM
21d
Score
18
Yield
5.9%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-W13854988
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,871 (2025)
Maintenance-$697.99/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Century 21 Miller Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-60+days preferred
Neighbourhood-1015 - RO River Oaks
Title-Residential Condo & Other

No agent assigned

Luxury, lifestyle & location come together at Oak & Co. in the heart of Oakville's sought-after Uptown Core! This bright 2-bedroom suite offers breathtaking views, TWO private balconies, 9-ft ceilings, parking space and locker.Flooded with natural light, the open-concept interior features sleek carpet-free flooring and a contemporary kitchen with quartz countertops, subway tile backsplash and premium stainless steel appliances. The spacious primary bedroom showcases floor-to-ceiling windows and a generous closet, while two balconies provide plenty of outdoor space to relax and take in the views. Brand-new Whirlpool washer & dryer (June 2026).Enjoy fantastic building amenities including 24/7 security, a fitness centre, meeting room and access to a pool shared within the Oak & Co. complex. The unbeatable Uptown Core location puts everyday conveniences just steps from your door. Walk to Longo's, Walmart, LCBO, restaurants-including neighbourhood favourite Ritorno-and transit right outside the building. Oakville Place, Oakville GO and Oakville Trafalgar Memorial Hospital are nearby, with easy access to Hwys 403 & 407.Exceptional walkability, modern finishes and incredible convenience make this an ideal opportunity to enjoy the best of Uptown Oakville. Move in and enjoy!

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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,356/mo
Mortgage $2,219
Monthly Loss $2,772
Principal$584
Interest$1,635
Property Tax$239
Condo Fees$698
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,280/yr
NOI
$15,405/yr
Net Cash Flow
-$935/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.0/ 100

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

Comparables

Properties near 297 Oak Walk Drive 2204

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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