40 Old Mill Road, Unit 01, Oakville, ON

$699,900
MLS#:W12238905
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on July 24, 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 brick construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Your Creekside retreat awaits! Step into this sun drenched 995 sq.ft. 2 bedroom, 2 bathroom suite that offers the perfect blend of natural tranquility & contemporary comfort. Expansive west facing windows bathe the interior in natural light & provide picturesque views of Sixteen Mile Creek, Lake Ontario & lush treetops. An airy open concept split bedroom floor plan maximizes both space & flow, perfect for everyday living. The units floor plan is unique to the suite as it has been reconfigured to create a more functional layout, expanding the living space & taking advantage of the gorgeous natural light. Carpet-free, the suite features exquisite hardwood flooring & has been recently repainted throughout. The impressive kitchen offers the best of everything w/granite countertops, stainless appliances & a passthrough. The spacious king-sized primary bedroom includes a large walk-in closet & 4-pc ensuite w/extra deep soaker tub & walk-in shower. The 2nd bedroom is equally as spacious & includes a large closet & a remodelled 3-pc bathroom nearby. A dedicated laundry closet contains a stacked Samsung washer & dryer. The suite is quietly located at the end of the hall with respectful & kind neighbours in the coveted community of Oakridge Heights. The building features recently refreshed common areas & stylish renovation. The Property Manager lives on site, who in concert with the off-site building Superintendent, & the shared security team provide optimal coverage & service year-round. The building amenities include a party room, hobby room, bike storage, visitors parking, gym, indoor pool, change rooms w/sauna, as well as an outdoor parkette w/2 communal BBQs & seating space. 1 parking space & 1 locker are included. A commuters dream w/easy access to the Oakville GO right at your doorstep, as well as the QEW. The suite is walking distance to Olde Oakville Marketplace, home to Wholefoods, LCBO, Starbucks, Shoppers Drug Mart & several specialty retail stores and services.

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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 389 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 2 bathrooms, and is 900-999 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
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 24, 2025
Sold price information is available to members only
Listed Date6/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHalton
Annual Tax$3,128

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Cul de Sac/Dead End, Public Transit, River/Stream, Electric Car Charger

Interior Features

Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor

Security Features

Community Features

Virtual Tours

Location

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40 Old Mill Road, Unit 01, 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 901, 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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Properties in this area are selling at a steady pace.

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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$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Oakville, ON

For a property listed at $699,900 in Oakville, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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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.