$574,998

$598,000For salePrice drop↓ $23,002 (4%)

#23 2504 Post Road, Oakville (RO River Oaks) - Single Family for Sale

#23 2504 Post Road, Oakville (RO River Oaks), Ontario, L6H0K1

2 beds2 baths2 parking1,100 ft²$397/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 2-bathroom condo in Oakville is for sale offering roughly 1,100 sq ft of space. Its $574,998 asking price sits right in line with the $589,000 median in Oakville. It has been on the market 27 days, fresher than the Oakville average of 70 days.

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Description

Enjoy the convenience of Oakville living in this bright, top-floor corner stacked townhome in River Oaks, close to the shops and services of the Uptown Core. Offering over 1,000 sq. ft. across two levels, this 2-bedroom, 2-bathroom home comes with 2 parking spaces and a storage locker. The open-concept main level features wood-look vinyl flooring, pot lights and plenty of natural light. A kitchen with granite countertops, a stone backsplash and stainless steel appliances complements the living space, while a walkout from the dining area opens onto a balcony. Upstairs, two bedrooms provide separation from the main living areas, with dual closets in the primary bedroom. Located near Sixth Line and Dundas Street, this community puts shopping, restaurants, cafés, schools and everyday essentials close at hand. Nearby parks, green spaces and walking trails offer opportunities to get outdoors, including Memorial Park and the Oak Park dog park. Public transit and access to the QEW, 403 and 407 provide options for commuting and exploring the GTA. Discover the perfect balance of comfort and convenience, with room to unwind and the best of Oakville close to home. (id:66096)

Property Details

MLS®: W13874962
Property Type: Single Family
Zoning: H12-MU4 sp:19
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $397/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,127.5/yr

Rooms

Main level

Living room: 3.38 x 3.13 meters
Dining room: 3.38 x 2.12 meters
Kitchen: 2.38 x 2.7 meters

Upper Level

Bedroom: 5.25 x 3.01 meters
Bedroom 2: 3.61 x 2.65 meters

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

Features

Appliances: All, Window Coverings
Flooring: Vinyl
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Oakville (RO River Oaks) listings, avg age

70d

Price / ft²

$523

List price

$575K

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 (RO River Oaks) has been listed for 27 days, which is 43 days fresher than the city average of 70. Act while there is still low competition.

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Listed by SUTTON GROUP QUANTUM REALTY INC. · ANGELA ZEZZA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6H)

This home lists at $574,998, about 4.7× the local median household income of $123,000.

Carrying it typically needs a household income of about $112,317 (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)

$574,998· $523/ft²

For sale

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Full Cost Breakdown

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Down Payment5.65% · $32,499.80

Min 5.65%50%

Mortgage payment$3,008/mo

↳ CMHC premium ($21,700 capitalized)

Property tax (est.)$261/mo

Condo fee$397/mo

Total monthly$3,666

Cash Needed to Close

Down payment (5.65%)$32,500

Land transfer tax$7,975

Est. closing costs$4,225

Total cash needed$44,700

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