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Listed 2 months ago

PH1 - 60 Old Mill Road

1013 - OO Old Oakville, Oakville

$1,397,000

Condo Apartment |
3 | 3 | 2 | 1
About this home

Penthouse Perfection with Lake Ontario & Toronto Skyline Views. Welcome to Oakridge Heights, one of Oakville's most prestigious addresses, where this 1,956 square foot, 3-bedroom, 2.5-bath penthouse delivers a rare combination of size, style, and spectacular wraparound views. Renovated to exacting standards, this home offers an open, light-filled layout with south exposure over the Sixteen Mile Creek with vistas of Lake Ontario and east exposure to the glittering Toronto skyline, enjoyed from a private wraparound balcony that spans multiple living areas and offers an additional 486 square feet of space. The owners have invested heavily in this beautiful suite, upgrading it to its present stylish state since they purchased it in 2019. No expense has been spared, and the new owner will benefit from the ultimate turnkey experience, able to relax and enjoy all that this spectacular unit has to offer. For commuters, access to the Oakville GO station and the highway is a dream. A brisk 15 minute walk to downtown Oakville. Whole Foods and other gourmet shopping is just down the road. Two side by side parking spaces right by the elevator, and two lockers. Get in soon before you miss your opportunity!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size1800-1999 sq. ft.
Maintenance Fees$1,596
LockerOwned
BalconyTerrace
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesOther
Property Tax$6,110
mls© NumberW13417488
Listed ByRoyal LePage Real Estate Services Ltd., Brokerage
CAC Included
Heat Included
Building Insurance Included
Common Elements Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,150
Property tax
$509
Heat allowance
$150
Condo fees, half counted
$798
Housing costs
$8,608 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $279,400
25-yr amortization

Income needed

$265,000

gross annual household income

Payment at 4%
$5,879 / mo
Cash down
$279,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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