$1,549,900

For sale

#5 121 Lakeshore Road West, Oakville (OO Old Oakville) - Single Family for Sale

#5 121 Lakeshore Road West, Oakville (OO Old Oakville), Ontario, L6K1E2

3 beds4 baths2 parking2,750 ft²$219/mo condo feeListed 13 days ago

Overview

This 3-bedroom, 4-bathroom condo in Oakville is for sale offering roughly 2,750 sq ft of space. It has been on the market 13 days, fresher than the Oakville average of 81 days.

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Description

Beautiful, fully renovated freehold live/work property offering exceptional versatility inprime area of Downtown Oakville. Ideal for business owners, investors, this turnkey property features distinct commercial and residential components. The commercial unit with excellent visibility spans approximately 880 sqft. with high ceilings, dedicated office/kitchenette, and a 2-piece washroom. The residential 3-story layout features bright, open-concept living with generous principal rooms and large windows throughout. The layout includes 3 bedrooms, 2.5bathrooms, second-floor laundry and a private primary bedroom retreat complete with a walk-in closet and spa-inspired ensuite. Upgrades include wooden floors throughout, potlights, newer appliances, granite counters, custom made kitchen cabinets and built-in wall unit. Enjoy outdoor entertaining on the private rooftop terrace with sunset views. Fantastic location, steps to Oakville marina, lake, waterfront trails, cafes, and restaurants, with quick access to the GO Train, QEW, and 407. (id:66096)

Property Details

MLS®: W14105644
Property Type: Single Family
Zoning: CBD
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 2,750 ft²
Lot Size: 18 × 71 ft (1,269 sq ft)
Frontage: 18 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee

Rooms

Ground level

Family room: 4.95 x 4.12 meters
Kitchen: 3.86 x 2.74 meters
Dining room: 4.12 x 1.98 meters

Second level

Bedroom: 4.95 x 4.04 meters
Bedroom 2: 4.95 x 3.43 meters

Third level

Bedroom 3: 4.95 x 3.76 meters

Lower level

Great room: 8.43 x 4.95 meters
Office: 4.95 x 4.37 meters

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

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Range, Dryer, Window Coverings, Garage door opener remote(s)
Foundation: Poured Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Oakville (OO Old Oakville) listings, avg age

81d

Price / ft²

$564

List price

$1.55M

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 3-bed single family in Oakville (OO Old Oakville) has been listed for 13 days, which is 68 days fresher than the city average of 81. Act while there is still low competition.

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Listed by MILAN MIRCETIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6K)

This home lists at $1,549,900, about 18.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $302,750 (20% down, 25-yr amortization, stress-tested) — roughly 265% above 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)

$1,549,900· $564/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $309,980

Min 20%50%

Mortgage payment$6,610/mo

Property tax (est.)$896/mo

Condo fee$219/mo

Total monthly$7,725

Cash Needed to Close

Down payment (20%)$309,980

Land transfer tax$27,473

Est. closing costs$7,150

Total cash needed$344,603

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