$1,795,000

For sale

#503 50 Old Mill Road, Oakville (OO Old Oakville) - Single Family for Sale

#503 50 Old Mill Road, Oakville (OO Old Oakville), Ontario, L6J7W1

4 beds4 baths2 parking2,625 ft²$1,865/mo condo feeListed 35 days ago

Overview

This 4-bedroom, 4-bathroom condo in Oakville is for sale offering roughly 2,625 sq ft of space. It has been on the market 35 days, fresher than the Oakville average of 81 days.

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Description

SPECTACULAR !! "One of a Kind" 2630 Sqft Unit, South/West facing Luxury Condo offering Panoramic RAVINE AND SIXTEEN MILE CREEK Views. 3 Spacious Bedrooms (plus one), 4 Baths, extra large Den with w/o Balcony overlooking Wooded Ravine. Private Sauna, Large Family Room w/Elegant Fireplace and Ravine Views. Two Private Balconies overlook Sixteen mile Creek and Wooded Ravine. A Fabulous location in Old Oakville, offers 2 Parking Spots, Double Size Locker, Walk to 'Go" Train, Shops, Restaurants, Downtown Oakville and Lake. Ideal for Couple downsizing or Family in need of a Nanny suite. Gleaming Hardwood Floors , Crown Molding, Elegant Lighting, in a unique 3 building development with security gate, sitting up on a hill overlooking nature. (id:66096)

Property Details

MLS®: W13845408
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,625 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Pool: Yes
Condo Fee: $1,865/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Family room: 5.94 x 5.41 meters
Dining room: 4.88 x 3.48 meters
Kitchen: 4.8 x 3.05 meters
Eating area: 2.57 x 2.34 meters
Primary Bedroom: 5.13 x 3.94 meters
Bedroom 2: 4.88 x 3.28 meters
Bedroom 3: 5.74 x 3.48 meters
Den: 6.27 x 3.23 meters
Foyer: 7.32 x 4.37 meters
Other: 1.5 x 2.6 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Flooring: Hardwood, Carpeted, Ceramic
Exterior: Brick
Lot Features: Backs on greenbelt, Conservation/green belt, Balcony, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Oakville (OO Old Oakville) listings, avg age

81d

Price / ft²

$684

List price

$1.79M

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 4-bed single family in Oakville (OO Old Oakville) has been listed for 35 days, which is 46 days fresher than the city average of 81. Act while there is still low competition.

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Listed by SUTTON GROUP QUANTUM REALTY INC. · KEVIN O'BRIEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6J)

This home lists at $1,795,000, about 11.4× the local median household income of $158,000.

Carrying it typically needs a household income of about $350,626 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.

Median household income: $158,000
Population: 24,420
Median age: 46.4
Owner / renter: 84% / 16%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6J)

$1,795,000· $684/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $359,000

Min 20%50%

Mortgage payment$7,655/mo

Property tax (est.)$620/mo

Condo fee$1,865/mo

Total monthly$10,140

Cash Needed to Close

Down payment (20%)$359,000

Land transfer tax$32,375

Est. closing costs$7,885

Total cash needed$399,260

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