261 Church Street, Unit 3&4, Oakville, ON

$7,500,000
MLS#:W9396723
3 beds
4 baths
5000 + sqft
4.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1013 - OO Old Oakville. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $7,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 5000 + sqft
  • 4.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Bar Fridge, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

The Coventry is the perfect residence for distinctive owners that want city living but don't want to give up their privacy. This is the largest condo in downtown Oakville. A one-of-a-kind residence with 5,750 square feet of one level living. With 10' ceilings, and extensive custom millwork throughout it provides a timeless transitional style of luxury that will adapt to your own personal choices for furniture and artwork. The Coventry was designed and constructed to look like it's been here for a hundred years. This condo suite puts you close to everything that makes downtown living special - boutiques, parks, theatres, museums, galleries, cafes, restaurants, and the lake and harbour. There are 3 bedroom suites with full ensuites and walk-in closets. The primary has a private sitting area that walks out to a private 285 square foot covered patio. There is a 2-sided fireplace between the den and the sleeping quarters. There is an oversized walk around walk-in closet and a 5-piece ensuite. The main living space is welcomed by a large foyer with double closets and marble flooring. The suite occupies the entire 3rd floor. The main area is made up of a piano/lounge area, a formal large dining room that can seat 20 guests or more, a walk-in pantry, a large eat-in custom Downsview kitchen. A large family room with a fireplace. The main area opens onto 1 of 2 private covered patio of 300 sq.ft. Additional features of this residence include a walk-in laundry room with 2 cedar-lined closets, a rooftop patio for enjoying cocktails or quiet moments under the sky, 4 parking spots, and a double-sided storage locker. The Coventry is more than just a home - it's an opportunity to live luxuriously while enjoying the best of Oakville's vibrant downtown. **EXTRAS** There are 2 entrances into the condo this is highly suitable for a live in guest or helper as it has its own kitchenette full bedroom ensuite and walk-in closet.

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Property Summary

This condo apartment located at 261 Church Street, Oakville is currently for sale and has been available on SousaSells for 644 days. This property is listed at $7,500,000 with an estimated mortgage of $24,965* per month. It has 3 beds, 4 bathrooms, and is 5000 + square feet. 261 Church Street, Oakville is in the 1013 - OO Old Oakville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Condo & Other

Additional Details

StatusExpired
Listed Date10/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stone
BasementNone
CountyHalton
Annual Tax$40,371.9

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Marina, Place Of Worship

Interior Features

Auto Garage Door Remote, Bar Fridge, Built-In Oven, Central Vacuum, In-Law Capability, Separate Heating Controls

Security Features

Security System

Community Features

Virtual Tours

Location

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261 Church Street, Unit 3&4, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 261 Church Street 303/304, Oakville, ON L6J 1N7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

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Interest Rate4.00%
Down Payment$2,250,000 (30.0%)
* Minimum Canadian down payment required for this price is $1,500,000.
Amortization Period30 Years
Estimated Monthly Payment$24,965Based on a loan of $5,250,000 over 30 years.
Purchase Price$7,500,000
Loan Amount$5,250,000
Provincial Land Transfer Tax:$173,975
Total Estimated Closing Taxes:$173,975

About Purchasing a Home in Oakville, ON

For a property listed at $7,500,000 in Oakville, the legal minimum down payment is $1,500,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $173,975 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $173,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1013 - OO Old Oakville, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$3,124,292

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

New Central
Public133 Balsam Drive, Ennisclare Park, Oakville, Ontario, L6J 3X4
9.6
Sainte-Marie
Public336 Maurice Drive, Oakville, Ontario, L6K 2X3
7.9
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4
St James
Public255, Oakville, Ontario, L6K 2S2
6.7
E J James
Public338 Cairncroft Road, Ennisclare Park, Oakville, Ontario, L6J 4M6
9.6

Secondary Schools

St. Thomas Aquinas
Catholic124 Dorval Drive, Oakville, Ontario, L6K 2W1
8.2
Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.