$655,999 - 102 Grovewood Common Unit 510, Oakville
Condo for Sale in Oakville
- MLS Number
- W13141724
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Welcome to Mattamy Homes Bower Condos, a boutique six-storey low-rise condominium in Oakville's sought-after Glenorchy community. This spacious 2-bedroom, 2-bathroom suite offers over 900 sq. ft. of thoughtfully designed living space with low monthly maintenance fees of just $488. Featuring soaring 9-foot ceilings, this bright and modern condo is designed for comfortable everyday living and effortless entertaining. The open-concept layout showcases a stylish kitchen with upgraded quartz countertops, stainless steel appliances, ample cabinetry, and a large centre island overlooking the spacious living and dining area filled with natural light and offering a walkout to a private east-facing balcony. The generously sized primary bedroom features a private ensuite bathroom, while the second bedroom and additional full bathroom provide flexibility for families, guests, or a home office setup. A large in-suite laundry area adds everyday convenience. This unit also includes one underground parking space and a dedicated storage locker. Residents enjoy excellent amenities including a fully equipped fitness centre, party/meeting room, and ample visitor parking. Ideally located close to top-rated schools, parks, trails, shopping, restaurants, cafés, Oakville Trafalgar Memorial Hospital, River Oaks Community Centre, public transit, major highways, and the GO Transit, this is a fantastic opportunity to enjoy modern condo living in one of Oakville's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$3,365.61/mo
Includes CMHC insurance ($18,302)
5-yr fixed avg.
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.
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
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.
102 Grovewood Common Unit 510, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $729/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 900 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 $2,733 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.