1016 Falgarwood Drive Unit 40, Oakville

Price: $441,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13522752

Welcome to this bright and spacious 3-storey condo townhouse in Oakville's Trafalgar Woods/Falgarwood neighbourhood. Offering 3 bedrooms, 2 bathrooms, and a practical multi-level layout, this home is ideal for first-time buyers, growing families, or investors. The main level features a large living and dining area with hardwood flooring, a kitchen with centre island, and a convenient powder room. Walk out from the dining area to a private fenced patio with stamped concrete, a great space for relaxing or entertaining. The upper levels offer three sunny bedrooms with closets, a full bathroom, and a separate laundry room. Well located close to parks, ravine trails, schools, transit, shopping, restaurants, Oakville Place, Oakville GO Station, and easy access to the QEW and 403. A great opportunity to own a well-sized condo townhouse in a desirable Oakville community. Furniture and decor are digitally added and not included with the property.

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active
New Listing
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$441,000 - 1016 Falgarwood Drive Unit 40, Oakville

Condo for Sale in Oakville

New — Listed 3 days ago

Neighbourhood: 1005 - FA Falgarwood

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13522752
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Oakville
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to this bright and spacious 3-storey condo townhouse in Oakville's Trafalgar Woods/Falgarwood neighbourhood. Offering 3 bedrooms, 2 bathrooms, and a practical multi-level layout, this home is ideal for first-time buyers, growing families, or investors. The main level features a large living and dining area with hardwood flooring, a kitchen with centre island, and a convenient powder room. Walk out from the dining area to a private fenced patio with stamped concrete, a great space for relaxing or entertaining. The upper levels offer three sunny bedrooms with closets, a full bathroom, and a separate laundry room. Well located close to parks, ravine trails, schools, transit, shopping, restaurants, Oakville Place, Oakville GO Station, and easy access to the QEW and 403. A great opportunity to own a well-sized condo townhouse in a desirable Oakville community. Furniture and decor are digitally added and not included with the property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,262.56/mo

Includes CMHC insurance ($12,304)

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5-yr fixed avg.

Principal: $396,900Interest: $269,564
Mortgage Amount$409,204
Total Interest$269,564
Est. Property Tax$312/mo
Total Cost$678,768

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1005 - FA Falgarwood

Discover 1005 - FA Falgarwood

1005 - FA Falgarwood is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1005 - FA Falgarwood

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1005 - FA Falgarwood offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1016 Falgarwood Drive Unit 40, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,766

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $315/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

About 1005 - FA Falgarwood

I know 1005 - FA Falgarwood well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1016 Falgarwood Drive Unit 40, Oakville | $441,000 | Battaglia Team