40 Old Mill Rd 204
Old Oakville, Oakville, L6J 7W2
FOR SALE
$525,000
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Property Description
Best unit for dollar per sqft! 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!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-19 | 2024-10-24 | 127 | $560,000 | - | Terminated |
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
Speers & Kerr (35)
Property Features
Arts Centre, Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Ground | 8.83' x 12.34' | Ceramic Floor, Granite Counter |
Dining | Ground | 10.60' x 17.85' | Hardwood Floor, Combined W/Living |
Prim Bdrm | Ground | 9.68' x 16.17' | Broadloom, W/I Closet, Large Window |
Laundry | Ground | 4.00' x 10.01' | |
Bathroom | Ground | 8.01' x 7.09' |
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Oakville Market Statistics
Oakville Price Trend
40 Old Mill Rd 204 is a 1-bedroom 1-bathroom condo listed for sale at $525,000, which is $45,000 (7.9%) 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 Aboutowne Realty Corp.
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