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Listed 15 days ago

204 - 40 Old Mill Road

1013 - OO Old Oakville, Oakville

$525,000

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

Welcome To Suite 204 At 40 Old Mill Road, A Beautifully Maintained Executive Suite Nestled In The Heart Of Prestigious Old Oakville. This One Bedroom Residence Offers 725 Square Feet Of Thoughtfully Designed Open-Concept Space For Comfortable Everyday Living And Effortless Entertaining. Featuring 9 Ft Ceilings, Rich Hardwood Flooring, Elegant Crown Moulding, And Large Windows That Fill The Space With Natural Light, This Suite Exudes Warmth And Timeless Appeal. The Kitchen Is Appointed With Granite Countertops, Upgraded Cabinetry, And Ample Storage, Seamlessly Flowing Into The Combined Living And Dining Area. A Charming Juliette Balcony Enhances The Living Space, While The Generous Primary Bedroom Offers A Walk-In Closet And A Large Window For A Bright And Airy Retreat. The Well-Appointed Bathroom Features A Marble Tub/Shower Alongside A Separate Glass Shower, Providing Both Function And Luxury. Ensuite Laundry With Additional Storage Adds Everyday Convenience. This Sought-After Building Is Known For Its Exceptional Amenities Including Concierge Service, Indoor Pool, Fitness Centre, Party Room, And Visitor Parking, Offering A Refined Lifestyle In A Secure And Well-Managed Community. Ideally Located Just Steps To The Oakville GO Station, Shopping, Parks, And The Scenic Trails Of Sixteen Mile Creek, And Only Minutes To Downtown Oakville's Charming Boutiques, Restaurants, And Lakefront. Situated Within The Highly Regarded Oakville Trafalgar School District, This Residence Is Perfect For First-Time Buyers, Downsizers, Or Investors Seeking A Prime Location And Turnkey Living In One Of Oakville's Most Desirable Neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$580
LockerOwned
BalconyJuliette
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,629
mls© NumberW13587226
Listed ByPROPERTY.CA INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
CAC 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%
$2,687
Property tax
$219
Heat allowance
$150
Condo fees, half counted
$290
Housing costs
$3,346 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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