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New4 hours ago

74 - 1556 Lancaster Drive

1005 - FA Falgarwood, Oakville

$549,900

Condo Townhouse |
3 | 2 | 2 | 0
About this home

Welcome to a charming condo townhome in highly sought-after Falgarwood! This home offers a rare opportunity to own in one of Oakville's most desirable neighborhoods . The main floor features a bright kitchen, a combined living and dining area, and sliding patio doors that open to a private, beautifully treed backyard ideal for relaxing or entertaining. Upstairs, you will find 3 spacious bedrooms and a full 4-piece bathroom. The finished lower level includes a versatile rec room, a convenient two-piece bathroom, and a utility/laundry area. Updates include, new furnace / ac 2024, garage door 2023, windows 2008, Perfect for families, first-time buyers, or downsizers, this home is nestled in a quiet, family-friendly community close to parks, top-rated schools, shopping, and transit.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style2-Storey
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$475
LockerNone
BalconyNone
ExposureSouth
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate
Property Tax$2,987
mls© NumberW14034288
Listed ByHalton Heritage Realty Inc.
Water 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%
$2,815
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$238
Housing costs
$3,451 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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