$429,900

For sale

#1310 55 Speers Road, Oakville (CO Central) - Single Family for Sale

#1310 55 Speers Road, Oakville (CO Central), Ontario, L5K3R6

1 bed1 bath1 parking550 ft²$530/mo condo feeListed 20 days ago

Overview

This 1-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 550 sq ft of space. Listed at $429,900, it is attractively priced about 32% below the $629,900 median asking price in Oakville. It has been on the market 20 days, fresher than the Oakville average of 57 days.

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Description

Welcome to this bright and spacious 586 sq ft open-concept one-bedroom condo in the sought-after Rain & Senses building, ideally located in South Central Oakville. Just steps to the lake and minutes to vibrant Downtown Oakville and Kerr Village, this unit offers the perfect blend of urban convenience and lakeside lifestyle.Enjoy not one but two private balconies - one off the family room and one off the bedroom - perfect for morning coffee or unwinding after a long day. The modern kitchen features sleek cabinetry, stainless steel appliances, and granite countertops, ideal for both everyday living and entertaining.This unit includes 1 underground parking space and 1 locker, plus access to an impressive suite of building amenities: 24-hour concierge, indoor pool, sauna, fitness centre, media room, party room with catering kitchen, and guest suites. The building is also pet-friendly, welcoming residents of all kinds.With walking distance to the GO Station, shopping, transit, and major highways, this location offers unbeatable connectivity for commuters and city-lovers alike.Incredible value in one of Oakville's most desirable communities - don't miss this opportunity! (id:66096)

Property Details

MLS®: W14083868
Property Type: Single Family
Zoning: MU4 sp:20
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $530/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,360/yr

Rooms

Flat

Kitchen: 3.2 x 3.15 meters
Living room: 4.29 x 3.15 meters
Bedroom: 3.71 x 3.2 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Steel, Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Oakville (CO Central) listings, avg age

57d

Price / ft²

$782

List price

$430K

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.

Haho

This 1-bed single family in Oakville (CO Central) has been listed for 20 days, which is 37 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · KRISTEN ASHELY CACCIOTTI-SOUSA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L5K)

This home lists at $429,900, about 4.2× the local median household income of $102,000.

Carrying it typically needs a household income of about $83,975 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $102,000
Population: 13,363
Median age: 41.6
Owner / renter: 65% / 35%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L5K)

$429,900· $782/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,495

Min 5%50%

Mortgage payment$2,264/mo

↳ CMHC premium ($16,336 capitalized)

Property tax (est.)$197/mo

Condo fee$530/mo

Total monthly$2,991

Cash Needed to Close

Down payment (5%)$21,495

Land transfer tax$5,073

Est. closing costs$3,790

Total cash needed$30,358

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