288 Reynolds St 1
Old Oakville, Oakville, L6J 3L4
FOR SALE
$529,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSW8294510
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Property Description
Welcome to this rarely offered Co-Op apartment unit in a quiet and charming 4-storey Mayfair Apartments, located in desirable Old Oakville. This meticulously maintained adult-only building is perfect for empty nesters, snowbirds, downsizers, couples or singles. This beautifully updated 2 bedroom, 1 bathroom ground-level unit, boasts new vinyl flooring throughout and features all stainless steel appliances in the kitchen, all windows were updated in 2014. Enjoy the serenity of the pretty grounds and perennial gardens, ideal for those with a green thumb. 1 exclusive outside parking space and 1 exclusive locker space. Prime location, conveniently close to downtown Oakville shops, restaurants, hospitals, Go Train, and Whole Foods. This is a Co-op, not a Condominium. The management fee covers property taxes, heat, water & parking. Owners pay for hydro. Building allows cats but not dogs. Garages can be rented when they become available. The unit must be owner-occupied and cannot be leased. Potential buyers need to be approved by the Board. You may finance through DUCA Credit Union with minimum of 30% down.
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Property Features
Hospital, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Co-Op Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,545 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.76' x 15.75' | |
| Dining | Main | 12.76' x 7.35' | |
| Kitchen | Main | 11.25' x 8.43' | |
| Prim Bdrm | Main | 11.25' x 10.99' | |
| 2nd Br | Main | 11.25' x 7.74' |
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Oakville Market Statistics
Oakville Price Trend
288 Reynolds St 1 is a 2-bedroom 1-bathroom condo listed for sale at $529,900, which is $266,442 (33.5%) lower than the average sold price of $796,342 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $19,114 (2.5%) compared to the previous 30 day period (March 15 - April 13) and down $124,915 (13.6%) from the same time one year ago.Inventory Change
There were 79 2-bedroom condos listed in Oakville over the last 30 days (April 14 - May 13), which is up 75.6% compared with the previous 30 day period (March 15 - April 13) and up 21.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($21,047) (2.6%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,882 decrease compared to the previous 30 day period (March 15 - April 13) and ($16,986) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Oakville over the last 30 days (April 14 - May 13) stood at 26.6%, down from 77.8% over the previous 30 days (March 15 - April 13) and down from 55.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Oakville stood at 33 days when successfully sold over the last 30 days (April 14 - May 13), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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