297 Oak Walk Drive Unit 1605, Oakville

Price: $499,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13771250

Welcome to this well designed 1-bedroom plus den suite in the heart of Uptown Oakville, offering the perfect blend of modern style, comfort, and urban convenience. Enjoy spectacular, unobstructed northwest views and an abundance of natural afternoon light throughout the thoughtfully designed space. The contemporary kitchen features upgraded panel-covered appliances, creating a sleek and seamless aesthetic. Overlooking the combined dining and living area, the kitchen offers an ideal layout for both everyday living and entertaining. The versatile den provides the perfect space for a home office, reading area, or guest space. The spacious primary bedroom features large windows that fill the room with natural light, along with double closets with mirrored doors for excellent storage. A well-appointed 4-piece bathroom and convenient laundry closet with upgraded stackable washer and dryer complete this inviting suite. Located in the sought-after Oak & Co. community, residents enjoy access to a gym and meeting room, while the prime Uptown Oakville location puts everyday conveniences just steps away. Walk to Walmart, Longo's, Winners/Homesense, LCBO, restaurants, shopping, and more. With public transit at your doorstep and easy access to major highways, this is an exceptional opportunity to enjoy stylish, low-maintenance living in one of Oakville's most desirable neighbourhoods.

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active

$499,900 - 297 Oak Walk Drive Unit 1605, Oakville

Condo for Sale in Oakville

Neighbourhood: 1015 - RO River Oaks

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13771250
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Taxes (2026)
$2,459
Maintenance Fees
$600/mo
Locker
Exclusive
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Welcome to this well designed 1-bedroom plus den suite in the heart of Uptown Oakville, offering the perfect blend of modern style, comfort, and urban convenience. Enjoy spectacular, unobstructed northwest views and an abundance of natural afternoon light throughout the thoughtfully designed space. The contemporary kitchen features upgraded panel-covered appliances, creating a sleek and seamless aesthetic. Overlooking the combined dining and living area, the kitchen offers an ideal layout for both everyday living and entertaining. The versatile den provides the perfect space for a home office, reading area, or guest space. The spacious primary bedroom features large windows that fill the room with natural light, along with double closets with mirrored doors for excellent storage. A well-appointed 4-piece bathroom and convenient laundry closet with upgraded stackable washer and dryer complete this inviting suite. Located in the sought-after Oak & Co. community, residents enjoy access to a gym and meeting room, while the prime Uptown Oakville location puts everyday conveniences just steps away. Walk to Walmart, Longo's, Winners/Homesense, LCBO, restaurants, shopping, and more. With public transit at your doorstep and easy access to major highways, this is an exceptional opportunity to enjoy stylish, low-maintenance living in one of Oakville's most desirable neighbourhoods.

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Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: 1015 - RO River Oaks

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

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

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.

70
Walk Score
Varies
Price Range

297 Oak Walk Drive Unit 1605, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$600
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,142

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

Fair Market Value

At $833/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 26 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. The $600/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    297 Oak Walk Drive Unit 1605, Oakville | $499,900 | Battaglia Team