50 Old Mill Rd 704
Old Oakville, Oakville, L6J 7W1
FOR SALE
$1,399,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Beautiful Old Oakville condo - incredibly renovated, with extraordinary views. It boasts exquisite design with meticulous attention to detail. Renovated in 2022, it features an inviting open-concept layout, custom cabinetry, a chef's kitchen with top of-the-line appliances, hardwood flooring throughout. The focal point of the condo (besides the view) is the custom-built cabinetry in the living area, perfect for displaying your treasures, with a distinctive glass & smoke mirror cabinet for glassware and bar essentials.Spanning 1479 square feet, this residence offers two bedrooms & two luxurious full bathrooms, both adorned with custom vanities, unique tile work, glass showers, and polished nickel hardware. Floor-to-ceiling windows provide sweeping views to the south overlooking 16 Mile Creek, where you can catch glimpses of eagles, herons, swans, coyotes, fishermen, kayakers, SUPs & Dragonboat racers! Custom window treatments, including drapes and motorized roller blinds. Storage is cleverly maximized throughout the condo with custom closets & pullout drawers in cabinets, catering to your organizational needs for printer, files, pantry items, linens, and medicines. Also added were potlights throughout the suite and beautiful new light fixtures. Just a stone's throw away from the GO train station, and conveniently accessible to highways, the location couldn't be better. You can walk to Downtown Oakville, the Recreation Centre, Whole Foods, the LCBO, Chapters Indigo, Shoppers and Starbucks.The building is well-managed, with reasonable condo fees. This unit also includes locker and tandem parking for two cars. Don't forget to review the comprehensive Features List and floor plans.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-10 | 2024-06-17 | 38 | $1,545,000 | - | Terminated |
Extras
Just a stone's throw away from the GO train station, conveniently accessible to highways - the location couldn't be better. You can walk to Downtown Oakville, the Recreation Centre, to shopping at Whole Foods, the LCBO, Starbucks, Shoppers.
Nearby Intersections
Speers & Kerr (38)
Property Features
Clear View, Electric Car Charger, Park, Public Transit, Rec Centre, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$4,154 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (GLB)
Parking 2
Owned (GLB)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.41' x 10.66' | Hardwood Floor, Closet |
| Living | Main | 18.34' x 19.42' | Hardwood Floor, Window Flr to Ceil, Sw View |
| Kitchen | Main | 9.51' x 15.75' | Hardwood Floor, B/I Appliances |
| Breakfast | Main | 8.07' x 8.43' | Hardwood Floor, Window Flr to Ceil, W/O To Balcony |
| Prim Bdrm | Main | 11.42' x 14.83' | Hardwood Floor, W/O To Balcony, W/I Closet |
| 2nd Br | Main | 11.42' x 13.25' | Hardwood Floor, Closet, Window |
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Oakville Market Statistics
Oakville Price Trend
50 Old Mill Rd 704 is a 2-bedroom 2-bathroom condo listed for sale at $1,399,000, which is $552,240 (65.2%) higher than the average sold price of $846,760 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Oakville increased by $59,964 (7.6%) compared to the previous 30 day period (July 9 - August 7) and up $23,377 (2.8%) from the same time one year ago.Inventory Change
There were 56 2-bedroom condos listed in Oakville over the last 30 days (August 8 - September 6), which is down 6.7% compared with the previous 30 day period (July 9 - August 7) and down 1.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($36,666) (4.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $9,637 decrease compared to the previous 30 day period (July 9 - August 7) and ($11,248) 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 8 - September 6) stood at 44.6%, down from 45.0% over the previous 30 days (July 9 - August 7) and down from 52.6% 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 8 - September 6), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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