$899,900 - 1580 Lancaster Drive Unit 29, Oakville
Condo for Sale in Oakville
New — Listed 2 days agoNeighbourhood: 1005 - FA Falgarwood
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- MLS Number
- W14100390
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $3,868
- Maintenance Fees
- $176/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- BAY STREET INTEGRITY REALTY INC.
Welcome to 29-1580 Lancaster Drive-a beautifully refreshed and exceptionally spacious 3-bedroom, 3-bathroom semi-detached condominium home in Oakville's established, family-friendly Falgarwood community. Freshly painted with recent repairs completed, this move-in-ready home offers a bright, open-concept main floor featuring a renovated white kitchen with granite breakfast bar, an expansive living and dining area, hardwood flooring, large windows and oversized patio doors opening to a private, fully fenced backyard and deck-perfect for relaxing, entertaining or family enjoyment. Upstairs are three generously sized bedrooms, including a spacious primary bedroom with ensuite, along with excellent closet and storage space. The finished lower level adds valuable living space with a comfortable family/recreation room, pot lights, a dedicated office area and laundry. Complete with an attached garage and two-car parking, this inviting home is conveniently located near schools, parks, trails, shopping, public transit and major commuter routes. A rare combination of space, privacy and everyday convenience-freshly updated and ready to welcome its next owner.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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 29, 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 $643/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. The $176/month fees should cover building insurance, common elements, and reserve contributions.
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.
Bathroom Count Matters
With 3 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.