$399,000

For sale

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#313 65 Speers Road, Oakville (CO Central) - Single Family for Sale

#313 65 Speers Road, Oakville (CO Central), Ontario, L6K0J1

1 bed1 bath2 parking ft²

#305 111 Forsythe Street, Oakville (CO Central), Ontario, L6K3J9

2 bd3 ba2 pk1,700 ft²+$1591/mo

Listed by Engel & Volkers Oakville

#702 212 Kerr Street, Oakville (CO Central), Ontario, L6K3B1

For sale

15 days ago

$450K

#702 212 Kerr Street, Oakville (CO Central), Ontario, L6K3B1

2 bd1 ba1 pk950 ft²+$725/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

#404 212 Kerr Street, Oakville (CO Central), Ontario, L6K3B1

For sale

19 days ago

$450K

#404 212 Kerr Street, Oakville (CO Central), Ontario, L6K3B1

2 bd1 ba1 pk950 ft²+$747/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#1310 55 Speers Road, Oakville (CO Central), Ontario, L5K3R6

For sale

20 days ago

$430K

#1310 55 Speers Road, Oakville (CO Central), Ontario, L5K3R6

1 bd1 ba1 pk550 ft²+$530/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Investment analysis

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$399,000

Oakville

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Overview

This 1-bedroom, 1-bathroom condo in Oakville is for sale offering roughly 250 sq ft of space. Listed at $399,000, it is attractively priced about 33% below the $599,900 median asking price in Oakville. It has been on the market 27 days, fresher than the Oakville average of 57 days.

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

Description

Welcome to this gorgeous one bedroom, one bathroom open concept condo in the illustrious Rain Condominium In Oakville's Kerr Village! This condo not only comes with TWO underground parking spaces, but also 20,000 sq ft of Amenities, including indoor pool, hot tub, sauna, media room, terrace and more. Just steps from shopping, Oakville GO, and highways. If you're looking to get into the market, this is the perfect spot for you! (id:66096)

Property Details

MLS®: W13878714
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $600/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,144.42/yr
Listed: 27 days ago

Market Timing

Days on market

27d

Oakville (CO Central) listings, avg age

57d

Price / ft²

$1,599

List price

$399K

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 (L6K)

This home lists at $399,000, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 14,118
Median age: 44.8
Owner / renter: 51% / 49%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L6K)

$399,000· $1,599/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$179/mo

Condo fee$600/mo

Total monthly$2,881

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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

#313 65 Speers Road, Oakville (CO Central) - Single Family for Sale

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Description

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Neighbourhood profile (L6K)

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