$569,000

For sale

#221 2490 Old Bronte Road, Oakville (WM Westmount) - Single Family for Sale

#221 2490 Old Bronte Road, Oakville (WM Westmount), Ontario, L6M0Y5

2 beds2 baths1 parking850 ft²$719/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Oakville is for sale offering roughly 850 sq ft of space. Its $569,000 asking price sits right in line with the $569,000 median in Oakville. It has been on the market 35 days, fresher than the Oakville average of 44 days.

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Description

A Turnkey Investment in the Heart of Oakville! Welcome to Mint Condos in Oakville's highly sought-after Palermo/Westmount neighbourhood - where modern living meets a smart investment opportunity. This bright and spacious 2-bedroom, 2-bathroom corner suite offers an exceptional combination of style, functionality and immediate rental income. The open-concept layout is filled with natural light and features quartz countertops, stainless steel appliances and upgraded laminate flooring throughout, creating a modern, inviting space that is both beautiful and easy to maintain. The corner-unit design provides added privacy and an abundance of windows, making the suite feel bright and airy throughout the day. For investors, the opportunity is ready to go. The unit is currently leased to a reliable AAA tenant, providing rental income from day one while offering future flexibility. Enjoy the convenience of underground parking and a private storage locker, along with the amenities and lifestyle that make this location so desirable. Close to shopping, restaurants, parks, transit and major highways, with strong rental demand throughout the area. Whether you're expanding your portfolio or looking for a place to call home, this is an opportunity to own a beautifully maintained property in a location people want to call home. (id:66096)

Property Details

MLS®: W13841992
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground, Shared
Condo Fee: $719/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,999.85/yr
Listed: 35 days ago

Rooms

Main level

Living room: 3.99 x 3.48 meters
Kitchen: 2.31 x 2.34 meters
Primary Bedroom: 4.14 x 3.23 meters
Bathroom
Bedroom 2: 2.51 x 3.3 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
Flooring: Laminate
Exterior: Concrete, Stucco
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Oakville (WM Westmount) listings, avg age

44d

Price / ft²

$670

List price

$569K

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 (WM Westmount) has been listed for 35 days, which is 9 days fresher than the city average of 44. Act while there is still low competition.

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Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE · LJUBICA KRPAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6M)

This home lists at $569,000, about 4.0× the local median household income of $143,000.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $143,000
Population: 72,547
Median age: 39.6
Owner / renter: 82% / 18%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L6M)

$569,000· $670/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,900.00

Min 5.61%50%

Mortgage payment$2,978/mo

↳ CMHC premium ($21,484 capitalized)

Property tax (est.)$250/mo

Condo fee$719/mo

Total monthly$3,947

Cash Needed to Close

Down payment (5.61%)$31,900

Land transfer tax$7,855

Est. closing costs$4,207

Total cash needed$43,962

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