$525,000

For saleJust listed

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#242 2450 Old Bronte Road, Oakville (WM Westmount) - Single Family for Sale

#242 2450 Old Bronte Road, Oakville (WM Westmount), Ontario, L6M4J2

2 beds2 baths parking

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Investment analysis

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$525,000

Oakville

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Overview

This 2-bedroom, 2-bathroom condo in Oakville is for sale offering roughly 750 sq ft of space. Listed at $525,000, it is attractively priced about 8% below the $569,000 median asking price in Oakville. It has been on the market 0 days, fresher than the Oakville average of 45 days.

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

Description

Experience elevated living in this stunning newer 2-bedroom, 2-bathroom condo in one of Oakville's most sought-after communities. Featuring a bright open-concept layout, modern finishes, and a private balcony, this suite offers the perfect blend of comfort and style. Residents enjoy premium amenities including a fitness centre, indoor pool, and relaxing rain room. Complete with 1 underground parking space and convenient access to Highways 403, 407, and Oakville Trafalgar Memorial Hospital, this is an exceptional opportunity to enjoy modern condo living in a prime location. (id:66096)

Property Details

MLS®: W14149132
Property Type: Single Family
Zoning: RD
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $600/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,096/yr
Listed: Today

Market Timing

Days on market

Oakville (WM Westmount) listings, avg age

45d

Price / ft²

$700

List price

$525K

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 (L6M)

This home lists at $525,000, about 3.7× the local median household income of $143,000.

Carrying it typically needs a household income of about $102,551 (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)

$525,000· $700/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,500

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$258/mo

Condo fee$600/mo

Total monthly$3,616

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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

#242 2450 Old Bronte Road, Oakville (WM Westmount) - Single Family for Sale

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Neighbourhood profile (L6M)

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