40 Old Mill Rd 101
Old Oakville, Oakville, L6J 7W2
FOR SALE
$529,000
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Property Description
Discover this stunning main floor condo featuring 1 bedroom and 1 bathroom, complete with a locker and convenient underground parking. This bright and inviting unit showcases large windows, elegant quartz countertops, a dishwasher, and a spacious double-door fridge, all leading to a lovely private terrace perfect for relaxing or entertaining guests. Enhancements such as pot lights installed in 2019 and new luxury vinyl flooring added in 2022 elevate the aesthetic and functionality of the space. Enjoy exceptional building amenities, including an indoor pool, sauna, and gym, ensuring a lifestyle of comfort and convenience.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-09-28 | 2019-10-01 | 3 | $1,850 | $1,850 | Leased |
2019-07-18 | 2019-07-21 | 4 | $359,900 | $411,600 | Sold |
Extras
NONE
Nearby Intersections
Speers & Kerr (35)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,045 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (GLB)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 10.79' x 14.99' | Combined W/Dining |
Kitchen | Ground | 10.50' x 8.66' | |
Prim Bdrm | Ground | 8.99' x 12.99' |
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Oakville Market Statistics
Oakville Price Trend
40 Old Mill Rd 101 is a 1-bedroom 1-bathroom condo listed for sale at $529,000, which is $41,000 (7.2%) lower than the average sold price of $570,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Oakville increased by $29,374 (5.4%) compared to the previous 30 day period (September 21 - October 20) and down $10,375 (1.8%) from the same time one year ago.Inventory Change
There were 69 1-bedroom condos listed in Oakville over the last 30 days (October 21 - November 19), which is up 35.3% compared with the previous 30 day period (September 21 - October 20) and up 38.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Oakville typically sold ($19,784) (3.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,948 decrease compared to the previous 30 day period (September 21 - October 20) and ($10,237) 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 1-bedroom condos in Oakville over the last 30 days (October 21 - November 19) stood at 18.8%, down from 33.3% over the previous 30 days (September 21 - October 20) and up from 16.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Oakville stood at 34 days when successfully sold over the last 30 days (October 21 - November 19), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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