$499,000

For sale

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#19 2460 Post Road, Oakville (RO River Oaks) - Single Family for Sale

#19 2460 Post Road, Oakville (RO River Oaks), Ontario, L6H0J2

2 beds2 baths1 parking ft²

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Investment analysis

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$499,000

Oakville

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Overview

This 2-bedroom, 2-bathroom condo in Oakville is for sale offering roughly 950 sq ft of space. Listed at $499,000, it is attractively priced about 15% below the $589,000 median asking price in Oakville. It has been on the market 52 days, fresher than the Oakville average of 72 days.

Condos for Sale in Oakville →All real estate in Oakville →

Description

Honey stop the car! Beautiful 2-Bedroom home in Prime River Oaks, Oakville! Generous living space plus terrace. Located in a family-oriented community just steps from parks, schools, trails, and all major amenities. The main living area features a bright, open-concept great room with newer floors and paint, seamlessly connected to a large kitchen with plenty of cabinetry. Walk out to your private terrace. 2 spacious bedrooms and two bathrooms with a convenient in-unit washer and dryer complete the unit. Located close to Walmart, Superstore, restaurants, Oakville Hospital, and major highways. (id:66096)

Property Details

MLS®: W13787416
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $421/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,071/yr
Listed: 52 days ago

Market Timing

Days on market

52d

Oakville (RO River Oaks) listings, avg age

72d

Price / ft²

$526

List price

$499K

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 $499,000, about 4.1× the local median household income of $123,000.

Carrying it typically needs a household income of about $97,472 (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)

$499,000· $526/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$256/mo

Condo fee$421/mo

Total monthly$3,305

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#19 2460 Post Road, Oakville (RO River Oaks) - Single Family for Sale

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