1905 Pilgrims Way Ph2, Oakville

$999,900
1905 Pilgrims Way Ph2

$999,900

New
17d
Condo ApartmentApartment

1905 Pilgrims Way Ph2, Oakville

Total Monthly Obligation $5,812

Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
17d
Score
15
Yield
4.6%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-W13866166
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,412 (2026)
Maintenance-$1,211/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-Royal LePage Real Estate Associates, Bradica Group
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-1007 - GA Glen Abbey
Title-Residential Condo & Other

No agent assigned

Set above the treetops of Glen Abbey, this fully updated two-bedroom, two-bathroom penthouse at The Arboretum offers an outlook that shifts with the time of day. The 180-degree view takes in Lake Ontario and stretches from the Toronto skyline through Mississauga, Oakville and Burlington, all the way to Rattlesnake Point.Nine-foot ceilings, skylights and large windows draw the view and natural light deep into 1,449 square feet of living space. The main living and dining area is made for slowing down at home: coffee by the windows in the morning, dinner with the city lights in the distance or an evening by the gas fireplace. Step onto the balcony and the view opens further, giving you a quiet place to sit above the neighbourhood through every season.The kitchen connects naturally to the living space while keeping its own room to cook, so you're part of the conversation without being in the middle of it. The primary bedroom offers the privacy of its own ensuite and walk-in closet, while the second bedroom gives you flexibility for guests, an office or both.Two underground parking spaces, in-suite laundry and a locker make condo living easier, and the building's pool, gym, guest suites and gathering spaces give you more room when you need it.Glen Abbey makes everyday life convenient. Monastery Bakery is a short walk away, with Lions Valley Park, Glen Abbey Golf Club and neighbourhood trails nearby, while Bronte GO and access to the QEW, 403 and 407 keep the rest of the GTA within easy reach. It's a home that feels connected when you need it to be, and comfortably above it all when you don't.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$799,920
Land Transfer Taxes$16,473
Legal Fees (Est.)
$
Total cash required for closing$217,953

Total Monthly Obligation

$5,812/mo
Mortgage $4,033
Monthly Loss $4,751
Principal$1,061
Interest$2,972
Property Tax$368
Condo Fees$1,211
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.3%12
10-Year IRR
7.1%
Returns Index
7.2/ 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
$45,660/yr
NOI
$19,750/yr
Net Cash Flow
-$2,387/mo
Cash Margin
-62.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.7/ 100

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

Comparables

Properties near 1905 Pilgrims Way Ph2

Time

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