$479,900

$499,900For salePrice drop↓ $20,000 (4%)

#1605 297 OAK WALK Drive, Oakville - Single Family for Sale

#1605 297 OAK WALK Drive, Oakville, Ontario, L6H3R6

2 beds1 bath1 parking625 ft²$600/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 625 sq ft of space. Listed at $479,900, it is attractively priced about 20% below the $599,900 median asking price in Oakville.

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Description

Welcome to this well designed 1-bedroom plus den suite in the heart of Uptown Oakville, offering the perfect blend of modern style, comfort, and urban convenience. Enjoy spectacular, unobstructed northwest views and an abundance of natural afternoon light throughout the thoughtfully designed space. The contemporary kitchen features upgraded panel-covered appliances, creating a sleek and seamless aesthetic. Overlooking the combined dining and living area, the kitchen offers an ideal layout for both everyday living and entertaining. The versatile den provides the perfect space for a home office, reading area, or guest space.vThe spacious primary bedroom features large windows that fill the room with natural light, along with double closets with mirrored doors for excellent storage. A well-appointed 4-piece bathroom and convenient laundry closet with upgraded stackable washer and dryer complete this inviting suite.Located in the sought-after Oak & Co. community, residents enjoy access to a gym and meeting room, while the prime Uptown Oakville location puts everyday conveniences just steps away. Walk to Walmart, Longo’s, Winners/Homesense, LCBO, restaurants, shopping, and more. With public transit at your doorstep and easy access to major highways, this is an exceptional opportunity to enjoy stylish, low-maintenance living in one of Oakville’s most desirable neighbourhoods. (id:66096)

Property Details

MLS®: 40862150
Property Type: Single Family
Zoning: MU4
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 625 ft²
Year Built: 2020
Storeys: 25
Style: Other
Basement: None
Heating: Heat Pump
Cooling: Central air conditioning
Garage: Underground, Covered
Condo Fee: $600/mo
Fee Includes: Landscaping, Property Management, Insurance
Ownership

Rooms

Main level

Laundry room
4pc Bathroom
Primary Bedroom: 10'1'' x 12'3''
Den: 5'5'' x 6'4''
Living room/Dining room: 18'2'' x 26'5''
Kitchen: 8'10'' x 8'3''

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, Hood Fan, Window Coverings, Microwave Built-in
Exterior: Concrete
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Oakville listings, avg age

56d

Price / ft²

$768

List price

$480K

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 2-bed single family in Oakville has been listed for 56 days, right at the city average. A solid opportunity worth looking into.

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Listed by RE/MAX Aboutowne Realty Corp. · MARGARET EMERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6H)

This home lists at $479,900, about 3.9× the local median household income of $123,000.

Carrying it typically needs a household income of about $93,741 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$479,900· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,995

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,236 capitalized)

Property tax (est.)$205/mo

Condo fee$600/mo

Total monthly$3,332

Cash Needed to Close

Down payment (5%)$23,995

Land transfer tax$6,073

Est. closing costs$3,940

Total cash needed$34,008

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