$830,000

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1142 Falgarwood Drive, Oakville (FA Falgarwood) - Single Family for Sale

1142 Falgarwood Drive, Oakville (FA Falgarwood), Ontario, L6H1N9

3 beds2 baths parking

1413 Harmsworth Square, Oakville (FA Falgarwood), Ontario, L6H3E7

6 bd5 ba6 pk1,750 ft²Lot size 78 × 101 ft (7,845 sq ft)

Listed by AVION REALTY INC.

1268 Forest Hill, Oakville (FA Falgarwood), Ontario, L6H2C3

For sale

8 days ago

$1.39M

1268 Forest Hill, Oakville (FA Falgarwood), Ontario, L6H2C3

4 bd4 ba4 pk900 ft²Lot size 53 × 120 ft (6,419 sq ft)

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

341 Lynnwood Drive, Oakville (FA Falgarwood), Ontario, L6H1M7

For sale

12 days ago

$1.20M

341 Lynnwood Drive, Oakville (FA Falgarwood), Ontario, L6H1M7

3 bd2 ba6 pk1,300 ft²Lot size 56 × 114 ft (6,384 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

1414 Harmsworth Square, Oakville (FA Falgarwood), Ontario, L6H3E7

For sale

14 days ago

$1.40M

1414 Harmsworth Square, Oakville (FA Falgarwood), Ontario, L6H3E7

6 bd5 ba5 pk1,750 ft²Lot size 45 × 100 ft (4,480 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$830,000

Oakville

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Overview

This 3-bedroom, 2-bathroom home in Oakville is for sale offering roughly 1,300 sq ft of space. Listed at $830,000, it is attractively priced about 40% below the $1,388,888 median asking price in Oakville. It has been on the market 2 days, fresher than the Oakville average of 41 days.

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Description

Calling all renovators, investors, and buyers looking to create their dream home! This 3-bedroom, 2-bathroom home offers endless potential in the established and family-friendly Falgarwood community. In need of a full renovation, this property presents a fantastic opportunity to transform the space to your vision and unlock its full potential. Ideally suited for those looking to customize, renovate, or invest in a sought-after Oakville neighbourhood. Upper Oakville Shopping Centre nearby, tons of recreation and parks for the great outdoors and conveniently located near Oakville GO station and QEW. Bring your creativity and explore the possibilities! (id:66096)

Property Details

MLS®: W14139736
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 71 × 125 ft (8,875 sq ft)
Frontage: 71 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,769.5/yr
Listed: 2 days ago

Rooms

Main level

Kitchen: 3.32 x 2.3 meters
Eating area: 2.27 x 2.2 meters
Living room: 5.52 x 3.59 meters
Dining room: 3.45 x 3.03 meters
Primary Bedroom: 3.26 x 4.15 meters
Bedroom 2: 2.6 x 3.31 meters
Bedroom 3: 3.66 x 2.62 meters

Basement

Recreational, Games room: 6.98 x 9.07 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

Oakville (FA Falgarwood) listings, avg age

41d

Price / ft²

$638

List price

$830K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (L6H)

This home lists at $830,000, about 6.7× the local median household income of $123,000.

Carrying it typically needs a household income of about $162,128 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $123,000
Population: 72,662
Median age: 40
Owner / renter: 77% / 23%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6H)

$830,000· $638/ft²

For sale

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Full Cost Breakdown

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Down Payment6.99% · $58,000.00

Min 6.99%50%

Mortgage payment$4,280/mo

↳ CMHC premium ($30,880 capitalized)

Property tax (est.)$481/mo

Total monthly$4,761

Cash Needed to Close

Down payment (6.99%)$58,000

Land transfer tax$13,075

Est. closing costs$4,990

Total cash needed$76,065

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1142 Falgarwood Drive, Oakville (FA Falgarwood) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L6H)

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Full Cost Breakdown