$525,000 - 40 Old Mill Road Unit 204, Oakville
Condo for Sale in Oakville
34 days on marketNeighbourhood: 1013 - OO Old Oakville
- MLS Number
- W13587226
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North West
- Balcony
- Juliette
- Listing Brokerage
- PROPERTY.CA INC.
Welcome To Suite 204 At 40 Old Mill Road, A Beautifully Maintained Executive Suite Nestled In The Heart Of Prestigious Old Oakville. This One Bedroom Residence Offers 725 Square Feet Of Thoughtfully Designed Open-Concept Space For Comfortable Everyday Living And Effortless Entertaining. Featuring 9 Ft Ceilings, Rich Hardwood Flooring, Elegant Crown Moulding, And Large Windows That Fill The Space With Natural Light, This Suite Exudes Warmth And Timeless Appeal. The Kitchen Is Appointed With Granite Countertops, Upgraded Cabinetry, And Ample Storage, Seamlessly Flowing Into The Combined Living And Dining Area. A Charming Juliette Balcony Enhances The Living Space, While The Generous Primary Bedroom Offers A Walk-In Closet And A Large Window For A Bright And Airy Retreat. The Well-Appointed Bathroom Features A Marble Tub/Shower Alongside A Separate Glass Shower, Providing Both Function And Luxury. Ensuite Laundry With Additional Storage Adds Everyday Convenience. This Sought-After Building Is Known For Its Exceptional Amenities Including Concierge Service, Indoor Pool, Fitness Centre, Party Room, And Visitor Parking, Offering A Refined Lifestyle In A Secure And Well-Managed Community. Ideally Located Just Steps To The Oakville GO Station, Shopping, Parks, And The Scenic Trails Of Sixteen Mile Creek, And Only Minutes To Downtown Oakville's Charming Boutiques, Restaurants, And Lakefront. Situated Within The Highly Regarded Oakville Trafalgar School District, This Residence Is Perfect For First-Time Buyers, Downsizers, Or Investors Seeking A Prime Location And Turnkey Living In One Of Oakville's Most Desirable Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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 1013 - OO Old Oakville
1013 - OO Old Oakville 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 1013 - OO Old Oakville
- •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
1013 - OO Old Oakville 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.
40 Old Mill Road Unit 204, 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 $750/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 34 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.
Efficient Living
At 700 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 1013 - OO Old Oakville
I know 1013 - OO Old Oakville 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.