40 Old Mill Rd 901
Old Oakville, Oakville, L6J 7W2
FOR SALE
$789,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Discover The Perfect Blend Of Elegance, Space, And Serenity In This Highly Customized 2-Bed, 2-Bath Suite In The Heart Of Oakville. This Rarely Available 995 sq. ft. Open-Concept Suite Boasts An Exceptional Layout, Soaring 9-ft Ceilings, And Updated High-End Finishes, All Within An Extremely Quiet And Meticulously Maintained Building. Perched On A High Floor With Unobstructed SW Exposure, This Suite Is Bathed In Natural Light And Offers Breathtaking Views Of Green Space And 16 Mile Creek. The Prime Location Places You Just Steps From Historic Downtown Oakville, Whole Foods, Starbucks, and Oakville Place. Situated Beside Oakville GO Station, You Can Reach Union Station In Under 35 Mins. With Immediate Access To QEW/Hwy 403/Lakeshore Rd, Getting Around The GTA Is Effortless. Enjoy A Newly Renovated Party Room, Indoor Pool, Sauna, Gym, & A Gazebo With BBQs. This Suite Includes 1 Owned Parking Space, A Private Locker, EV Charging Access, & Ample Visitor Parking. This Rare Gem Wont Last!
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Nearby Intersections
Speers & Kerr (38)
Property Features
Clear View, Golf, Hospital, Library, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,128 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (B/35)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.14' x 15.78' | W/O To Balcony, Open Concept, Hardwood Floor |
| Dining | Main | 12.17' x 17.19' | W/O To Balcony, O/Looks Living, Hardwood Floor |
| Kitchen | Main | 7.84' x 7.97' | Granite Counter, Stainless Steel Appl, O/Looks Dining |
| Prim Bdrm | Main | 9.94' x 11.61' | W/I Closet, Ensuite Bath, Large Window |
| 2nd Br | Main | 8.86' x 11.29' | Closet, Hardwood Floor |
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Oakville Market Statistics
Oakville Price Trend
40 Old Mill Rd 901 is a 2-bedroom 2-bathroom condo listed for sale at $789,900, which is $192,009 (19.6%) lower than the average sold price of $981,909 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $166,191 (20.4%) compared to the previous 30 day period (December 22 - January 20) and up $231,213 (30.8%) from the same time one year ago.Inventory Change
There were 75 2-bedroom condos listed in Oakville over the last 30 days (January 21 - February 19), which is up 108.3% compared with the previous 30 day period (December 22 - January 20) and up 70.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($18,945) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $90 increase compared to the previous 30 day period (December 22 - January 20) and ($14,871) 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 (January 21 - February 19) stood at 14.7%, down from 30.6% over the previous 30 days (December 22 - January 20) and down from 63.6% 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 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Vanguard Realty Brokerage Corp.
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