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PH1 - 60 Old Mill Road
1013 - OO Old Oakville, Oakville
$1,379,000
Penthouse perfection with breathtaking views of Lake Ontario and the Toronto skyline. Welcome to Oakridge Heights, one of Oakville's most prestigious addresses. This beautifully renovated 1,956 sq. ft. penthouse offers three bedrooms, 2.5 bathrooms and an additional 486 sq. ft. of outdoor living space on a private wraparound balcony. Natural light fills the open concept layout, with South facing views over Sixteen Mile Creek toward Lake Ontario and east facing views of the Toronto skyline. Purchased in 2019, the suite was extensively renovated in 2020, with more than $372,000 invested in thoughtful upgrades and improvements. The kitchen and all three bathrooms were completely remodeled by Oakville Kitchen and Bath. Additional upgrades include new flooring, designer lighting, a custom entertainment centre, California Closets throughout, and automated blinds and curtains by Shades of Home. The primary bedroom features new carpeting, two walk-in closets, a built-in safe and a lockable jewelry drawer. The den's custom entertainment centre includes a 65-inch Sony television and Bose sound system, which will remain with the suite. Further improvements include new heat pumps in the den and living room and a new Samsung washing machine. Enjoy two side-by-side parking spaces conveniently located near the elevator, two storage lockers and easy access to the Oakville GO station and highways. Downtown Oakville is approximately a 15-minute walk away, with Whole Foods and other gourmet shopping just minutes from your door. Beautifully finished, exceptionally spacious and completely turnkey this is penthouse living at its finest.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 16-30 |
| Size | 1800-1999 sq. ft. |
| Maintenance Fees | $1,596 |
| Locker | Owned |
| Balcony | Terrace |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $6,110 |
| mls© Number | W13754726 |
| Listed By | RE/MAX Escarpment Realty Inc., Brokerage |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,058
- Property tax
- $509
- Heat allowance
- $150
- Condo fees, half counted
- $798
- Housing costs
- $8,516 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$262,000
gross annual household income
- Payment at 4%
- $5,803 / mo
- Cash down
- $275,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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