$655,000 - 102 Grovewood Common Unit 529, Oakville
New Construction for Sale in Oakville
66 days on market- MLS Number
- W12701776
- Property Type
- New Construction
- Status
- active
- Days on Site
- 66
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Step into refined condo living in one of Oakville's premier Mattamy built communities, conveniently located near shopping centres, parks, recreational facilities, schools, and major highways. Spanning approximately 700 sq. ft., this fifth floor residence showcases a beautifully designed 2 bedroom, 2 bathroom open concept layout, highlighted by large windows throughout that allow natural light to fill the space. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, and a convenient breakfast bar, all overlooking the dining and living areas that extend to a private balcony, an ideal spot to enjoy morning coffee or unwind in the evening. A spacious primary bedroom provides the perfect space for relaxation with a walk-in closet and a private 3pc ensuite complete with an upgraded glass enclosure and wall tiles. The second bedroom features a closet and a large window, offering a versatile space that can easily serve as a home office or guest room. Additional highlights include a 4pc main bathroom, in-unit laundry, one underground parking space, and a private locker for extra storage. Residents enjoy access to building amenities including a gym, party room, visitor parking, and more. Live, relax, and entertain in a space that blends comfort, style, and convenience in the heart of Oakville.
Estimate your monthly payments for this property
Estimated Payment
$3,360.49/mo
Includes CMHC insurance ($18,275)
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 529, 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 25+ years of GTA real estate experience
Fair Market Value
At $936/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.
Negotiation Opportunity
At 66 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Efficient Living
At 700 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 $2,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.