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503 - 50 Old Mill Road
1013 - OO Old Oakville, Oakville
$1,950,000
SPECTACULAR !! "One of a Kind" 2630 Sqft Unit, South/West facing Luxury Condo offering Panoramic RAVINE AND SIXTEEN MILE CREEK Views. 3 Spacious Bedrooms (plus one), 4 Baths, extra large Den with w/o Balcony overlooking Wooded Ravine. Private Sauna, Large Family Room w/Elegant Fireplace and Ravine Views. Two Private Balconies overlook Sixteen mile Creek and Wooded Ravine. A Fabulous location in Old Oakville, offers 2 Parking Spots, Double Size Locker, Walk to 'Go" Train, Shops, Restaurants, Downtown Oakville and Lake. Ideal for Couple downsizing or Family in need of a Nanny suite. Gleaming Hardwood Floors , Crown Molding, Elegant Lighting, in a unique 3 building development with security gate, sitting up on a hill overlooking nature.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 16-30 |
| Size | 2500-2749 sq. ft. |
| Maintenance Fees | $1,865 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Surface, Underground |
| Property Tax | $7,446 |
| mls© Number | W13215862 |
| Listed By | SUTTON GROUP QUANTUM REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,981
- Property tax
- $620
- Heat allowance
- $150
- Condo fees, half counted
- $932
- Housing costs
- $11,684 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$360,000
gross annual household income
- Payment at 4%
- $8,206 / mo
- Cash down
- $390,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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