40 Old Mill Road, Unit 08, Oakville, ON

$975,000
MLS#:W12114036
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1013 - OO Old Oakville. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $975,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fall in love w/this outstanding light-filled Southeast corner suite w/serene & unobstructed views of Sixteen-Mile Creek. Beautifully renovated, this suite stands apart from the rest. Youre welcomed into the home through the grand entryway w/an extra wide coat closet w/dual French doors. Upon entering, you notice the soaring 9 ceilings, refinished hardwood flooring & stunning creek views. The highly desirable split floor plan is open concept & provides an airy feel. The tastefully renovated open white kitchen is rarely offered in the complex & features an eat-in waterfall quartz island, spacious cabinetry & high-grade kitchen appliances. Just off the kitchen is a sun-filled bonus space that can be used as an office or breakfast area. Here there is a walk out to a private balcony providing beautiful vistas that change with the seasons. The living & dining room seamlessly flow together creating an inviting place to relax or entertain guests. The suite features 2 spacious king-sized bedrooms. The primary presents picturesque views to the south, a custom w/i closet by Closets by Design & a 4-pc ensuite w/extra deep soaker tub & w/i shower. The 2nd bedroom is equally as spacious & offers a custom b/i wardrobe w/bench seating. The 2nd bath has a quartz countertop w/undermount sink & w/i shower. Located in the coveted community of Oakridge Heights, this suite resides in the most sought after building in the complex w/its recently refreshed common areas & stylish renovation. The Property Manager lives on site, who in concert w/the off-site building Superintendent, & the shared security team provide optimal coverage & service year-round. The building amenities include a party room, gym, indoor pool, change rooms w/sauna, as well as an outdoor Parkette w/2 communal BBQs & seating space. 1 underground parking space & 1 locker are included.

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Property Summary

This condo apartment located at 40 Old Mill Road, Oakville is currently for sale and has been available on SousaSells for 442 days. This property is listed at $975,000 with an estimated mortgage of $3,245* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 40 Old Mill Road, 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
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 28, 2025
Sold price information is available to members only
Listed Date4/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyHalton
Annual Tax$4,258

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage Area Lockers

Security Features

Community Features

Virtual Tours

Location

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40 Old Mill Road, Unit 08, 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 40 Old Mill Road 408, Oakville, ON L6J 7W2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$292,500 (30.0%)
* Minimum Canadian down payment required for this price is $72,500.
Amortization Period30 Years
Estimated Monthly Payment$3,245Based on a loan of $682,500 over 30 years.
Purchase Price$975,000
Loan Amount$682,500
Provincial Land Transfer Tax:$15,975
Total Estimated Closing Taxes:$15,975

About Purchasing a Home in Oakville, ON

For a property listed at $975,000 in Oakville, the legal minimum down payment is $72,500 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 $15,975 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 $15,975.

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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.