50 Old Mill Road, Oakville, ON

$659,999
MLS#:W9007476
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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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 $659,999 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 1000-1199 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

Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo in the heart of Oakville. Enjoy the luxury of two spacious balconies offering gorgeous green and garden views, perfect for relaxation or entertaining guests. The condo features modern finishes and an open-concept layout, ensuring a bright and welcoming atmosphere. With quick access to the Go Station, your daily commute will be a breeze. This property includes underground parking equipped with an electric vehicle charger, adding convenience and peace of mind. The building boasts a variety of top-notch amenities, including a pool, gym, records room, billiards, and sauna, providing ample opportunities for recreation and wellness. Don't miss the chance to make this stunning condo your new home!

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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 744 days. This property is listed at $659,999 with an estimated mortgage of $2,197* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 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
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 24, 2024
Sold price information is available to members only
Listed Date7/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyHalton
Annual Tax$3,278.78

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Electric Car Charger, Hospital, Lake/Pond, Library, Marina

Interior Features

None

Security Features

Community Features

Location

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50 Old Mill Road, 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 201, 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.

Market Trend
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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$198,000 (30.0%)
* Minimum Canadian down payment required for this price is $41,000.
Amortization Period30 Years
Estimated Monthly Payment$2,197Based on a loan of $461,999 over 30 years.
Purchase Price$659,999
Loan Amount$461,999
Provincial Land Transfer Tax:$9,675
Total Estimated Closing Taxes:$9,675

About Purchasing a Home in Oakville, ON

For a property listed at $659,999 in Oakville, the legal minimum down payment is $41,000 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 $9,675 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 $9,675.

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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.