2185 Marine Drive 1001, Oakville

$1,269,000
2185 Marine Drive 1001

$1,269,000

New
7d
Condo ApartmentApartment

2185 Marine Drive 1001, Oakville

Total Monthly Obligation $7,110

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
7d
Score
14
Yield
3.9%
Cash on Cash
-11.7%
Cap Rate
2.1%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Condo Apartment
MLS® Number-W14088804
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,603 (2026)
Maintenance-$1,408.01/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Other
Possession-Flexible
Neighbourhood-1001 - BR Bronte
Title-Residential Condo & Other

No agent assigned

Take in breathtaking Lake Ontario vistas from this beautifully appointed 1,555 sq. ft. south facing corner suite, offering 2 bedrooms plus den & an impressive blend of style & thoughtful upgrades. Bathed in natural light, this inviting residence features elegant finishes, neutral décor, custom window coverings with remote controlled blinds & designer lighting throughout. The beautifully updated kitchen boasts white cabinetry, a pantry, pull-out storage, quartz countertops & backsplash, under-cabinet lighting & stainless-steel appliances & a generous centre island with breakfast bar. The open-concept living & dining areas are framed by expansive floor-to-ceiling windows. Step out onto the oversized balcony to enjoy sweeping lake views. The primary bedroom offers a large custom walk-in closet, spa-inspired 3-piece ensuite & sliding glass doors to the balcony. A good-sized 2nd bedroom & beautiful 4-piece main bathroom provide additional convenience. The versatile den is ideal for a home office, while the spacious laundry room offers valuable additional storage. Upgraded electrical panel, 1 owned underground parking space and an exclusive-use locker. Residents of Ennisclare on the Lake enjoy an outstanding selection of amenities designed to complement an active & social lifestyle. Including a swimming pool, exercise room, saunas, lounge & library, party room, billiards, indoor golf range, squash court, woodworking shop, paint room, table tennis, darts & crafts room & a variety of social activities, tennis/pickleball, bocce ball, landscaped seating areas & ample visitor parking. Dogs not permitted. Ideally situated in the sought-after Bronte Village community, just a short stroll from Lake Ontario, Bronte Harbour, trails, cafés, restaurants & boutique shops. Downtown Oakville, GO Transit & major highway connections are all conveniently accessible. Experience refined lakeside living at Ennisclare on the Lake! VIEW THE 3D IGUIDE HOME TOUR, FLOOR PLAN, VIDEO & MORE PHOTOS

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,015,200
Land Transfer Taxes$21,855
Legal Fees (Est.)
$
Total cash required for closing$277,155

Total Monthly Obligation

$7,110/mo
Mortgage $5,119
Monthly Loss $5,763
Principal$1,347
Interest$3,772
Property Tax$384
Condo Fees$1,408
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.1%9
10-Year IRR
6.2%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$49,800/yr
NOI
$20,921/yr
Net Cash Flow
-$3,375/mo
Cash Margin
-81.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 2185 Marine Drive 1001

Time

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