1580 Lancaster Drive, Oakville, ON

$999,900
MLS#:W8410802
5 beds
3 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey semi-detached condo located in the coveted neighborhood of 1005 - FA Falgarwood. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $999,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rarely Offered !!!! Absolutely Stunning 3+2 Bedroom 3 Bath Semi-Detached Condo in a Much Desirable Family-Friendly Neighbourhood with Mature Trees, Plenty of Parks, Trails and Schools in the Heart of Oakville. Welcome to one of the Largest Units ( 1700+ SqFt) in the Complex, Full Privacy with No Rear Neighbours. An open concept Main Floor Features Updated Kitchen with Granite Counter-Top and S/S Appliances. Separate Living and Family-Dining with a view of Mature Perennial Garden is Perfect for Your Family and Friends Entertaining. Hardwood Flooring Throughout the Main Level. Tons of Natural Light Brings Charm and Positive Vibes to the House. You will Love the 2nd Floor featuring Huge Master Bedroom with a Walk-in Closet and Updated 4Pc Ensuite with Quartz Countertop. Additional 2 Large-Sized Bedrooms, Just Updated 4Pc Main Bathroom, Brand New Zebra Blinds, Modern Black Hardware, Brand New Flooring and Baseboard Throughout this Floor. Finished Basement featuring Perfect-Sized 2 Rooms and Large Rec Room for your kids and family gatherings. Proximity Access to the Major Highways and All Amenities. A Long List of Updates include Brand New A/C, Furnace, Thermostat, Staircase-Carpet, Blinds, Two Full Bathrooms on the Second Floor & Complete Flooring including the New Baseboards Just Updated in May 2024. New Roof in 2023. Kitchen, 2Pc Bath & Hardwood Flooring on the Main Floor Updated in 2018. Full Basement was finished in 2018. A Must See Gem!!!!!!!!

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Property Summary

This detached home located at 1580 Lancaster Drive, Oakville is currently for sale and has been available on SousaSells for 770 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 5 beds, 3 bathrooms, and is 1600-1799 square feet. 1580 Lancaster Drive, Oakville is in the 1005 - FA Falgarwood neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 4, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached Condo
Architectural Style2-Storey
ConstructionBrick, Aluminum Siding
BasementFinished, Full
CountyHalton
Annual Tax$3,700.5

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School Bus Route, School, Public Transit, Park, Rec./Commun.Centre, Fenced Yard

Interior Features

Auto Garage Door Remote

Security Features

Community Features

Location

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1580 Lancaster Drive, 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 1580 Lancaster Drive 6, Oakville, ON L6H 2Z5

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,970 (30.0%)
* Minimum Canadian down payment required for this price is $74,990.
Amortization Period30 Years
Estimated Monthly Payment$3,328Based on a loan of $699,930 over 30 years.
Purchase Price$999,900
Loan Amount$699,930
Provincial Land Transfer Tax:$16,473
Total Estimated Closing Taxes:$16,473

About Purchasing a Home in Oakville, ON

For a property listed at $999,900 in Oakville, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1005 - FA Falgarwood, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,124,886

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

Falgarwood
Public1385 Gainsborough Drive, Oakville, Ontario, L6H 2H7
5.7
Holy Family
Public1420 Grosvenor Street, Oakville, Ontario, L6H 2X8
3.9
St Matthew's
PublicMatthew Street, Oakville, Ontario, L6H 2R9
8.6
Montclair
Public1285 Montclair Drive, Oakville, Ontario, L6H 1Z3
4.4
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4

Secondary Schools

Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2

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.