$698,888 - 150 OAK PARK Boulevard Unit 220, Oakville
Condo for Sale in Oakville
Neighbourhood: 1015 - RO River Oaks
- MLS Number
- W13637302
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
An incredible opportunity in one of Oakville's most sought-after communities - this spacious 1,312 sq. ft. condo is an exceptional value for both end users and investors alike. Seller is highly motivated! Large condo unit with 9-foot ceilings in well maintained River Oaks builders are becoming increasingly rare, making this a steal of a deal with strong long-term upside. Units like this lease quickly for approximately $3,100/ month, offering excellent investment potential in a high-demand location. Welcome to this beautifully maintained modern condo featuring a bright, open-concept layout designed for comfortable ever day living and effortless entertaining. Large windows fill the space with natural light, while the excellent floor plan creates a seamless flor between the living, dining and kitchen areas. The unit features two generously sized bedrooms, including a spacious primary suite, along with two upgraded full bathrooms showcasing stylish modern finishes and tasteful renovations. A large den adds incredible flexibility and can easily function as a home office, guest space, playroom or reading nook. This highly desirable building is well maintained and offers excellent long-term value. The unit also includes underground parking and a private storage locker for added conveniences and security. Located in the heart of River Oaks, you're just minutes from public transit, the Oakville bus terminal, shopping, restaurants, parks, excellent schools, and major highways, making commuting throughout Oakville and the GTA simple and convenient. Whether you're. looking for a spacious place to call home or a smart investment in a prime location, this condo offers the perfect balance of lifestyle, convenience and future value.
Estimate your monthly payments for this property
Estimated Payment
$3,585.66/mo
Includes CMHC insurance ($19,499)
5-yr fixed avg.
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.
Discover 1015 - RO River Oaks
1015 - RO River Oaks 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 1015 - RO River Oaks
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
1015 - RO River Oaks 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.
150 OAK PARK Boulevard Unit 220, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $582/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.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 1015 - RO River Oaks
I know 1015 - RO River Oaks 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.
Investment Perspective
Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,912 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.