40 Old Mill Rd 204

FOR SALE
$560,000
40 Old Mill Rd 204, Oakville
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
40 Old Mill Rd 204
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W8455496
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Property Description
Rare Opportunity for Investors, First-Time Buyers, and Downsizers! Discover this charming, freshly painted, and upgraded 1-bedroom suite located in Oakvilles most sought-after area, within the Oakville Trafalgar High School district. Featuring a Juliette balcony, gorgeous hardwood floors, and elegant crown molding, this suite boasts a spacious feel with its 9 ft ceilings. The kitchen is beautifully fitted with granite countertops and upgraded cabinets. Enjoy the convenience of an ensuite laundry and storage area with built-in shelves. The bathroom is luxuriously appointed with a marble bathtub/shower and an additional separate glass shower. This well-maintained building is just steps from the GO Station, close to shopping, 16 Mile Creek, and Downtown Oakville. Move-in ready and waiting for you!
Extras
Highly Sought After & Very Desireable, Well-Managed Building. Property Management & Superintendent Onsite. Shoppers, All Major Banks, LCBO, Home Depot, Food Basics, Several Restaurants & Cafes All Walking Distance!
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,350 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (HCP381LEVELB#58)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenGround8.04' x 8.53'Ceramic Floor, Granite Counter
DiningGround10.50' x 19.03'Hardwood Floor, Combined W/Living
LivingGround10.50' x 19.03'Hardwood Floor, Combined W/Dining, Juliette Balcony
Prim BdrmGround9.84' x 17.55'Broadloom, W/I Closet, Large Window
Oakville Market Statistics
Oakville Price Trend
40 Old Mill Rd 204 is a 1-bedroom 1-bathroom condo listed for sale at $560,000, which is $37,552 (7.2%) higher than the average sold price of $522,448 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Oakville increased by $16,712 (3.3%) compared to the previous 30 day period (July 17 - August 15) and down $32,733 (5.9%) from the same time one year ago.
Inventory Change
There were 73 1-bedroom condos listed in Oakville over the last 30 days (August 16 - September 14), which is up 40.4% compared with the previous 30 day period (July 17 - August 15) and up 19.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Oakville typically sold ($13,507) (2.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $3,397 increase compared to the previous 30 day period (July 17 - August 15) and ($10,045) 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 (August 16 - September 14) stood at 39.7%, up from 36.5% over the previous 30 days (July 17 - August 15) and up from 18.0% 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 36 days when successfully sold over the last 30 days (August 16 - September 14), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Aboutowne Realty Corp.
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