40 Old Mill Road, Unit 4, Oakville, ON
Property no longer active
This property was sold on December 27, 2024. 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 $525,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Best unit for dollar per sqft! Rare Opportunity for Investors, First-Time Buyers, and Downsizers! Discover this charming, freshly painted, and upgraded 1-bedroom suite located in Oakvilles most sought-after area, within the Oakville Trafalgar High School district. Featuring a Juliette balcony, gorgeous hardwood floors, and elegant crown molding, this suite boasts a spacious feel with its 9 ft ceilings. The kitchen is beautifully fitted with granite countertops and upgraded cabinets. Enjoy the convenience of an ensuite laundry and storage area with built-in shelves. The bathroom is luxuriously appointed with a marble bathtub/shower and an additional separate glass shower. This well-maintained building is just steps from the GO Station, close to shopping, 16 Mile Creek, and Downtown Oakville. Move-in ready and waiting for you!
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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 632 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 1 bed, 1 bathroom, and is 700-799 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
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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 204, 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 $525,000 in Oakville, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.