2175 Marine Drive 102, Oakville

$965,000
2175 Marine Drive 102

$965,000

New
16d
Condo ApartmentApartment

2175 Marine Drive 102, Oakville

Total Monthly Obligation $5,751

Bed+Den
3+1
Baths
2
Park
1
Sqft
1400-1599
DOM
16d
Score
16
Yield
5.3%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-W13870486
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,527.11 (2026)
Maintenance-$1,281.13/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other
Possession-Flexible
Neighbourhood-1001 - BR Bronte
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious ground-floor corner suite, offering the comfort and feel of bungalow living with an impressive 1,557 sq. ft. of well-designed living space. This desirable layout features two generous bedrooms plus a spacious den, a separate laundry room, and two full bathrooms, including a 3-piece ensuite and a 4-piece main bath.The crown jewel is the bright, open-concept living area, where a custom-designed kitchen showcases granite countertops, a glass tile backsplash, pot lighting, abundant cabinetry with convenient pull-out drawers, pantry storage, and a large breakfast bar style island. The kitchen overlooks the spacious dining area and living room, complete with a walkout to a private patio, which faces the lovely garden and tennis/pickleball court-an ideal setting for morning coffee or outdoor entertaining.The den offers great flexibility - think home office, media room, reading retreat, or guest space. Heating and cooling systems were updated in 2021, providing added peace of mind.The suite includes one owned underground parking space (#133) and an exclusive-use storage locker (Room 2, Locker #120).Residents of Ennisclare on the Lake enjoy an exceptional array of resort-style amenities, including an indoor pool, fitness centre, saunas, lounge/library, party room, billiards room, indoor golf practice range, woodworking shop, ping pong room, darts and crafts room, plus a very robust social calendar. The tastefully landscaped grounds feature peaceful seating areas and a tennis/pickleball court. Ideally located just steps from the lake, Bronte Harbour, waterfront trails, shopping, cafés, restaurants, and everyday conveniences, this is your chance to enjoy luxury lakeside living in beautiful Bronte.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$772,000
Land Transfer Taxes$15,775
Legal Fees (Est.)
$
Total cash required for closing$210,275

Total Monthly Obligation

$5,751/mo
Mortgage $3,893
Monthly Loss $4,727
Principal$1,024
Interest$2,868
Property Tax$377
Condo Fees$1,281
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.2%19
10-Year IRR
8.6%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$51,480/yr
NOI
$24,031/yr
Net Cash Flow
-$1,890/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.3/ 100

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

Comparables

Properties near 2175 Marine Drive 102

Time

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