102 Grovewood Common Unit 421, Oakville

Price: $550,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12952928

Discover the allure of the modern, low-rise condo, a beautifully upgraded 1+1 bedroom unit in Oakville's newest area. Spanning 678 sq ft, this sun-filled, south-facing home features 9-foot ceilings and premium finishes throughout. The Bower Condos by Mattamy offer a prime location with easy access to amenities, shopping, parks, and major highways (407)/403/QEW). Enjoy the convenience of being steps away from groceries and coffee shops, and just minutes from the GO station, public transit, trails, Sheridan College, restaurants, and a hospital. Don't miss the opportunity to see this extraordinary condo in person. Schedule your visit today and prepare to be captivated by its irresistible charm and exceptional upgrades.

102 Grovewood Common Unit 421 - Condo photo 1 of 16 in Oakville, Ontario
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$550,000 - 102 Grovewood Common Unit 421, Oakville

Condo for Sale in Oakville

New — Listed 2 days ago
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12952928
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX PREMIER INC.
Description

Discover the allure of the modern, low-rise condo, a beautifully upgraded 1+1 bedroom unit in Oakville's newest area. Spanning 678 sq ft, this sun-filled, south-facing home features 9-foot ceilings and premium finishes throughout. The Bower Condos by Mattamy offer a prime location with easy access to amenities, shopping, parks, and major highways (407)/403/QEW). Enjoy the convenience of being steps away from groceries and coffee shops, and just minutes from the GO station, public transit, trails, Sheridan College, restaurants, and a hospital. Don't miss the opportunity to see this extraordinary condo in person. Schedule your visit today and prepare to be captivated by its irresistible charm and exceptional upgrades.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.79/mo

Includes CMHC insurance ($15,345)

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5-yr fixed avg.

Principal: $495,000Interest: $336,191
Mortgage Amount$510,345
Total Interest$336,191
Est. Property Tax$390/mo
Total Cost$846,536

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

102 Grovewood Common Unit 421, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$905

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $917/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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