$979,900 - 1580 Lancaster Drive Unit 2, Oakville
Condo for Sale in Oakville
Neighbourhood: 1005 - FA Falgarwood
- MLS Number
- W13470360
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,600 sqft
- Neighbourhood
- Oakville
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Beautifully updated and exceptionally spacious semi-detached home offering approximately 1,758 sq. ft. plus a finished basement in one of Oakville's most desirable family-friendly communities. Freshly painted throughout (2026) and featuring newer hardwood flooring on the main and second levels (2024), this move-in-ready home showcases pride of ownership throughout. The renovated primary ensuite (2024) offers a modern spa-inspired retreat, while the second bathroom has been tastefully updated with a newer vanity and tub. The upgraded kitchen is complemented by stainless steel appliances and overlooks the bright, functional living spaces designed for comfortable family living and entertaining. Enjoy a private backyard backing onto mature trees and green space with no direct rear neighbours. Conveniently located close to highly rated school (Iroquois Ridge), parks, recreation facilities, shopping, GO transit, and major commuter routes like 403/407/QEW. A rare opportunity to own one of the largest semi-detached models in the area with low-maintenance living, including common element road maintenance and building insurance through the monthly fee of $196.05. OPEN HOUSE ON SAT 27th June 2.00 to 4.00 pm
Estimate your monthly payments for this property
Estimated Payment
$5,027.39/mo
Includes CMHC insurance ($27,339)
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 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
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.
1580 Lancaster Drive Unit 2, 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 $612/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 17 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.