55 Speers Road, Unit 05, Oakville, ON

$625,000
MLS#:W12393025
3 beds
2 baths
800-899 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of 1002 - CO Central. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $625,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxury Living in the Heart of Downtown Oakville. Discover sophisticated living in this exceptional condo, perfectly situated in one of downtown Oakvilles most coveted locations. Just steps from the lake, this residence offers a rare blend of style, comfort, and convenience. This suite features 9-foot ceilings, two spacious bedrooms, a versatile den, and two full bathrooms including a primary ensuite. The kitchen boasts granite countertops, premium stainless steel appliances, and seamless flow into an open-concept living and dining space finished with rich hardwood floors. Step onto your expansive private balcony, a perfect sanctuary with panoramic views of Lake Ontario, ideal for morning coffee, evening cocktails, or quiet reflection. Indulge in amenities including an indoor pool, hot tub, sauna, spectacular rooftop terrace with luxury seating, TV's, barbecues, a fully equipped fitness centre and yoga studio, guest suite. 24-hour concierge, visitor parking, and secure parcel lockers. Every detail has been thoughtfully designed for both relaxation and entertaining. All this, just a short walk to Oakvilles waterfront, vibrant shops, fine dining, and GO Transit, with quick access to major highways, schools, and the hospital. This home is more than a condo, its a lifestyle!

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Property Summary

This condo apartment located at 55 Speers Road, Oakville is currently for sale and has been available on SousaSells for 309 days. This property is listed at $625,000 with an estimated mortgage of $2,080* per month. It has 3 beds, 2 bathrooms, and is 800-899 square feet. 55 Speers Road, Oakville is in the 1002 - CO Central neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 20, 2025
Sold price information is available to members only
Listed Date9/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyHalton
Annual Tax$5,815.42

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Location

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55 Speers Road, Unit 05, 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 55 Speers Road S 1705, Oakville, ON L6K 3R6

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$187,500 (30.0%)
* Minimum Canadian down payment required for this price is $37,500.
Amortization Period30 Years
Estimated Monthly Payment$2,080Based on a loan of $437,500 over 30 years.
Purchase Price$625,000
Loan Amount$437,500
Provincial Land Transfer Tax:$8,975
Total Estimated Closing Taxes:$8,975

About Purchasing a Home in Oakville, ON

For a property listed at $625,000 in Oakville, the legal minimum down payment is $37,500 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 $8,975 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 $8,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1002 - CO Central, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,799,864

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

Sainte-Marie
Public336 Maurice Drive, Oakville, Ontario, L6K 2X3
7.9
St James
Public255, Oakville, Ontario, L6K 2S2
6.7
W H Morden
Public180 Morden Road, Oakville, Ontario, L6K 2S3
8.5
Pine Grove
Public529 Fourth Line, Oakville, Ontario, L6L 5A8
7.9
New Central
Public133 Balsam Drive, Ennisclare Park, Oakville, Ontario, L6J 3X4
9.6

Secondary Schools

St. Thomas Aquinas
Catholic124 Dorval Drive, Oakville, Ontario, L6K 2W1
8.2
Thomas A Blakelock
Public1160 Rebecca Street, Oakville, Ontario, L6L 1Y9
8.1
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.