$599,000

For saleJust listed

#503 1071 queen Avenue, Oakville (CP College Park) - Single Family for Sale

#503 1071 queen Avenue, Oakville (CP College Park), Ontario, L6H2R5

2 beds2 baths1 parking1,100 ft²$1,040/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Oakville is for sale offering roughly 1,100 sq ft of space. Listed at $599,000, it is attractively priced about 8% below the $650,000 median asking price in Oakville. It has been on the market 0 days, fresher than the Oakville average of 39 days.

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Description

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo offering approximately 1,120 sq. ft. of comfortable living space in Oakville's desirable College Park community. Renovated approximately four years ago, the unit features a beautifully updated kitchen with white cabinetry, quartz countertops, stainless steel appliances, ample storage and a large peninsula overlooking the open-concept living and dining areas. Large windows fill the home with natural light, while the generous living space opens onto an oversized private balcony with open views, creating the perfect spot to relax or entertain. Both bedrooms are well sized with excellent closet space, and the two full bathrooms provide added convenience for couples, families or guests. Modern flooring and a clean, contemporary finish throughout make the home move-in ready. Includes 1 parking space and 1 locker for additional storage. Conveniently located near shopping, restaurants, parks, transit, Oakville GO and major highways, this spacious condo offers an excellent combination of size, comfort and convenience in a well-established Oakville neighbourhood. (id:66096)

Property Details

MLS®: W14154880
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,040/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,510.34/yr
Listed: Today

Features

Appliances: Water purifier
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Oakville (CP College Park) listings, avg age

39d

Price / ft²

$545

List price

$599K

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 (CP College Park) has been listed for 0 days, which is 39 days fresher than the city average of 39. Act while there is still low competition.

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Listed by Royal LePage Real Estate Associates · DILYAR KURBAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6H)

This home lists at $599,000, about 4.9× the local median household income of $123,000.

Carrying it typically needs a household income of about $117,006 (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)

$599,000· $545/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$209/mo

Condo fee$1,040/mo

Total monthly$4,376

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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