349 Wheat Boom Drive Unit 324, Oakville

Price: $649,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13786344

A RARE FIND IN OAKVILLE-OVER 1,200 SQ. FT. OF SOPHISTICATED LIVING PLUS A SPECTACULAR 300+ SQ. FT. PRIVATE ROOFTOP TERRACE, NOW OFFERED AT $649,000. This beautifully designed 2-bedroom, 3-bathroom residence delivers the space and feel of a home with the ease of modern condo living. Bright, open-concept interiors flow across multiple levels, complemented by generous principal rooms and a versatile loft ideal for a stylish home office or lounge. The crown jewel is the expansive private rooftop terrace-an incredible setting for summer entertaining, al fresco dining and evenings under the stars. Complete with underground parking and ideally positioned near Oakville's best shopping, dining, parks, trails, transit and major highways. Contemporary, spacious and exceptionally well positioned-an outstanding opportunity to call Oakville home.

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active

$649,000 - 349 Wheat Boom Drive Unit 324, Oakville

Condo for Sale in Oakville

Neighbourhood: 1010 - JM Joshua Meadows

2Beds
3Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
W13786344
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Oakville
Taxes (2025)
$3,100
Maintenance Fees
$441/mo
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

A RARE FIND IN OAKVILLE-OVER 1,200 SQ. FT. OF SOPHISTICATED LIVING PLUS A SPECTACULAR 300+ SQ. FT. PRIVATE ROOFTOP TERRACE, NOW OFFERED AT $649,000. This beautifully designed 2-bedroom, 3-bathroom residence delivers the space and feel of a home with the ease of modern condo living. Bright, open-concept interiors flow across multiple levels, complemented by generous principal rooms and a versatile loft ideal for a stylish home office or lounge. The crown jewel is the expansive private rooftop terrace-an incredible setting for summer entertaining, al fresco dining and evenings under the stars. Complete with underground parking and ideally positioned near Oakville's best shopping, dining, parks, trails, transit and major highways. Contemporary, spacious and exceptionally well positioned-an outstanding opportunity to call Oakville home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

$
$
5%10%50%

5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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: 1010 - JM Joshua Meadows

Discover 1010 - JM Joshua Meadows

1010 - JM Joshua Meadows 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 1010 - JM Joshua Meadows

  • •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

1010 - JM Joshua Meadows 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

349 Wheat Boom Drive Unit 324, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$441
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,484

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 $541/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 22 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 $441/month fees should cover building insurance, common elements, and reserve contributions.

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.

About 1010 - JM Joshua Meadows

I know 1010 - JM Joshua Meadows 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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    349 Wheat Boom Drive Unit 324, Oakville | $649,000 | Battaglia Team