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Listed 1 month ago

602 - 65 Speers Road

1002 - CO Central, Oakville

$450,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to Rain Condos by Empire, ideally situated in the charming and highly sought-after Kerr Village of Oakville. This bright and spacious 1-bedroom residence features a modern open-concept layout, highlighted by a sleek kitchen with stainless steel appliances and contemporary finishes. Floor-to-ceiling windows flood the space with natural light and seamlessly connect to an oversized balcony-perfect for relaxing or entertaining. Enjoy resort-style living with an exceptional collection of amenities, including a 24-hour concierge, fully equipped fitness centre, indoor pool, sauna, hot tub, cold plunge, media room, party room, meeting/boardroom, and a stunning rooftop patio. Perfectly positioned for convenience, this prime location is just a short walk to the GO Train, grocery stores, cafes, and local shops, with quick access to the QEW-making it a true commuter's dream. Includes one parking space and a locker.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$506
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,053
mls© NumberW13522790
Listed ByPSR
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax
$171
Heat allowance
$150
Condo fees, half counted
$253
Housing costs
$2,877 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $90,000
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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