50 OLD MILL Road, Unit Call LBO, Oakville, ON

$1,249,000
MLS#:W10404520
2 beds
2 baths
1400-1599 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other 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 $1,249,000 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 1400-1599 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Heating Controls
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

An extraordinary Old Oakville condo boasting exquisite luxury design details & an incredible view of 16 Mile Creek. A wonderful central location in the heart of town. Recently gutted & beautifully updated, this home now features an inviting open-concept layout, custom cabinetry throughout, a chef's kitchen with top-of-the-line appliances & a gorgeous island w/ honed quartz counters/backsplash, elegant hardwood flooring. The prominent feature in the spacious living area (besides the view) is the custom built-in cabinetry, perfect for displaying your treasures, with a distinctive glass/mirror cabinet for glassware & bar essentials. Spanning just shy of 1500 square feet, this residence offers two bedrooms and two luxurious full bathrooms, also renovated, both adorned with custom vanities & mirrors, unique tile work, glass showers. Polished nickel hardware throughout. Solid wood doors w/ elegant trim detailing. Floor-to-ceiling windows provide sweeping views to the south overlooking 16 Mile Creek, where you can catch glimpses of eagles, herons, swans, coyotes, fishermen, kayakers, SUPs, & Dragonboat racers! Custom window treatments, including drapes & automated roller blinds, add to the ambiance. Storage is cleverly maximized throughout the condo w/ custom closets & pullout drawers in cabinets, catering to your organizational needs for printer, files, pantry items, linens, & toiletries. Also added were potlights throughout the suite & beautiful new light fixtures. Conveniently accessible to highways, the location couldn't be better. You can walk to Downtown Oakville, the Recreation Centre, Whole Foods, LCBO, Starbucks, Indigo Books. The building is well-managed, with reasonable condo fees. This unit also includes a locker & tandem parking for 2 cars. Don't forget to review the comprehensive Features List & floor plans to fully appreciate all this condo has to offer.

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Property Summary

This condo apartment located at 50 OLD MILL Road, Oakville is currently for sale and has been available on SousaSells for 626 days. This property is listed at $1,249,000 with an estimated mortgage of $4,157* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 square feet. 50 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
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold price information is available to members only
Listed Date10/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleOther
ConstructionBrick
BasementNone
CountyHalton
Annual Tax$4,154.18
Legal DescriptionHCP 381 LEVEL 7 UNIT 4; LEVEL B UNIT 18 PKG; LEVEL A UNIT 139 LKR See Notes for full legal description.

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Separate Heating Controls

Security Features

Other, Security Guard, Smoke Detector

Community Features

Virtual Tours

Location

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50 OLD MILL Road, Unit Call LBO, 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 50 OLD MILL Road 704, Oakville, ON L6J 7W1

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$374,700 (30.0%)
* Minimum Canadian down payment required for this price is $249,800.
Amortization Period30 Years
Estimated Monthly Payment$4,157Based on a loan of $874,300 over 30 years.
Purchase Price$1,249,000
Loan Amount$874,300
Provincial Land Transfer Tax:$21,455
Total Estimated Closing Taxes:$21,455

About Purchasing a Home in Oakville, ON

For a property listed at $1,249,000 in Oakville, the legal minimum down payment is $249,800 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 $21,455 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 $21,455.

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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.