$429,888

For sale

#2401 297 Oak Walk Drive, Oakville (RO River Oaks) - Single Family for Sale

#2401 297 Oak Walk Drive, Oakville (RO River Oaks), Ontario, L6H3R6

1 bed1 bath1 parking$542/mo condo feeListed 118 days ago

Overview

This 1-bedroom, 1-bathroom condo in Oakville is for sale. Listed at $429,888, it is attractively priced about 27% below the $589,000 median asking price in Oakville.

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Description

An exquisite lower penthouse in Oakville's sought-after Uptown Core. This 1-bedroom, 1-bathroom suite offers breathtaking, unobstructed southeast views of Lake Ontario and the city from its expansive balcony. The open-concept layout features a modern kitchen with quartz countertops, subway tile backsplash, and stainless steel appliances, complemented by sleek, carpet-free flooring. Situated in the vibrant Uptown Core, this location is ideal for first-time buyers seeking a dynamic lifestyle. You'll find various shopping options nearby, such as Walmart, Longos, LCBO, and Oakville Place Mall. A diverse selection of restaurants caters to every palate, and the area boasts excellent walkability and bikeability. Commuters will appreciate the proximity to the Trafalgar GO Station and easy access to Highways 403 and 407. Additionally, the Oakville Trafalgar Memorial Hospital and Sheridan College are just a short distance away. Experience the perfect blend of luxury, convenience, and community in this stunning condo, a true gem in the heart of Oakville. (id:66096)

Property Details

MLS®: W13552904
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $542/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,268.03/yr
Listed: 118 days ago

Rooms

Main level

Living room: 6.64 x 3.12 meters
Kitchen: 2.5 x 3.01 meters
Primary Bedroom: 3.02 x 3.04 meters

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

Features

Appliances: All, Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Microwave, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

118d

Oakville (RO River Oaks) listings, avg age

72d

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 (RO River Oaks) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · MANOJ KUKREJA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6H)

This home lists at $429,888, about 3.5× the local median household income of $123,000.

Carrying it typically needs a household income of about $83,972 (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)

$429,888

For sale

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Full Cost Breakdown

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Down Payment5% · $21,494.40

Min 5%50%

Mortgage payment$2,264/mo

↳ CMHC premium ($16,336 capitalized)

Property tax (est.)$189/mo

Condo fee$542/mo

Total monthly$2,996

Cash Needed to Close

Down payment (5%)$21,494

Land transfer tax$5,073

Est. closing costs$3,790

Total cash needed$30,357

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