40 Old Mill Rd 607
Old Oakville, Oakville, L6J 7W2
FOR SALE
$839,900
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BEDROOMS2
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Property Description
Elegance and value are found in this beautiful suite at Oakridge Heights located in one of the most charming and prestigious communities in the GTA. The spacious Fairfield floor plan with true 9-foot-high, upgraded smooth ceilings with crown moulding boasts 1154sf with 2 bedrooms plus a roomy den, currently used as a formal dining room and 2 full baths. The kitchen features granite countertops with breakfast bar, new stainless-steel appliances and a customized open concept feel unique to this suite as requested by the current original owners of 19 years. Luxurious 9-inch-wide plank flooring recently installed throughout with a trendy fresh coat of paint making this suite move-in ready. The primary bedroom easily fits a king size bed and features a second walk out to the balcony, a walk-in closet, and 4-piece ensuite bathroom with a soaker tub and glass enclosed stand up shower. Light switches are positioned lower making this unit wheelchair accessible. The 6 x 8 foot private balcony overlooks 16 mile creek where kayakers & canoes can be seen peacefully going down stream. This suite comes with three owned lockers for convenience of storage for down sizers or small families and one owned parking space. Additional parking spaces are available for residents. Abundance of visitor parking. Building 40 at Oakridge Heights is well established and has been meticulously maintained featuring newly renovated common areas and party room, a pool, sauna, gym and outside gazebo with barbecues and a rarely found outdoor grassed area for gatherings and kids enjoyment. Located in South-Central Oakville, you will be close to dining, boutique shopping, picturesque streets, highways and are steps away from being in the Toronto core within 30 minutes via the GO Train making this suite a perfect home offering an exceptional lifestyle and long-term investment.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-01 | 2024-09-09 | 39 | $839,900 | - | Suspended |
| 2024-07-09 | 2024-07-31 | 22 | $879,900 | - | Terminated |
| 2024-06-07 | 2024-07-09 | 32 | $899,900 | - | Terminated |
Nearby Intersections
Speers & Kerr (42)
Property Features
Clear View, Golf, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,501 (2024)
Basement
None
Exterior
Brick, Stone
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (Level A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 19.49' x 9.68' | |
| Bathroom | Main | 4.99' x 9.68' | 4 Pc Bath |
| Living | Main | 21.42' x 13.85' | |
| Prim Bdrm | Main | 14.99' x 10.93' | 4 Pc Ensuite, W/I Closet |
| Kitchen | Main | 7.84' x 8.17' | |
| Foyer | Main | 11.68' x 5.25' | |
| Dining | Main | 7.51' x 16.01' |
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Oakville Market Statistics
Oakville Price Trend
40 Old Mill Rd 607 is a 2-bedroom 2-bathroom condo listed for sale at $839,900, which is $149,708 (15.1%) lower than the average sold price of $989,608 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $212,571 (27.4%) compared to the previous 30 day period (July 17 - August 15) and up $178,513 (22.0%) from the same time one year ago.Inventory Change
There were 70 2-bedroom condos listed in Oakville over the last 30 days (August 16 - September 14), which is up 32.1% compared with the previous 30 day period (July 17 - August 15) and down 2.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($44,424) (4.5%) below asking price over the last 30 days (August 16 - September 14), which represents a $15,554 decrease compared to the previous 30 day period (July 17 - August 15) and ($21,248) 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 (August 16 - September 14) stood at 32.9%, down from 50.9% over the previous 30 days (July 17 - August 15) and up from 30.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Oakville stood at 35 days when successfully sold over the last 30 days (August 16 - September 14), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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