40 Old Mill Road, Unit 02, Oakville, ON
Property no longer active
This property was sold on October 22, 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 1014 - QE Queen Elizabeth. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $578,000 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 1 Bathroom
- Generous living space spanning 800-899 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the beautiful Oakridge Heights community, surrounded by nature and conveniently located in South Oakville only a 10 min walk to downtown Oakville and the Lake. This spacious Penthouse Suite is a 1 Bedroom + Den offering approximately 820 sq ft in a well laid out floor plan. The Kitchen boasts granite counters with a breakfast bar, double sink and undermount lighting. Penthouse 2 features hardwood floors, crown moulding, a built-in gas fireplace with a custom stone wall as well as 9 ft ceilings throughout. The expansive Primary Bedroom offers berber carpet, a walk-in closet and an additional double mirror sliding door closet. Great size Den currently being used as a Second Bedroom but would also make a wonderful home office or a separate Dining room. The Washroom includes a Jacuzzi tub and a separate stand up shower. Enjoy the beautiful sunset views from your Juliet balcony. Ensuite laundry with great storage space. The Tandem Parking Spot can accommodate 2 Cars. Quiet, well run building. Oakridge Heights offers residents gate house security, indoor swimming pool, gym, newly renovated party room, an outdoor BBQ area and plenty of visitors parking. Steps to the Oakville GO and easy access to the QEW. This condo is located a short stroll to Whole Foods, Shoppers, Starbucks and many other shops and restaurants.
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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 331 days. This property is listed at $578,000 with an estimated mortgage of $1,924* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 40 Old Mill Road, Oakville is in the 1014 - QE Queen Elizabeth neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Ravine, Electric Car Charger
Interior Features
Auto Garage Door Remote
Security Features
Security Guard
Community Features
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Location
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 PH2, Oakville, ON L6J 7W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $578,000 in Oakville, the legal minimum down payment is $32,800 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 $8,035 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 $8,035.
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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.