$699,900 - 123 Maurice Drive Unit 407, Oakville
Condo for Sale in Oakville
82 days on marketNeighbourhood: 1002 - CO Central
- MLS Number
- W12922700
- Property Type
- Condo
- Status
- active
- Days on Site
- 82
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Welcome to 123 Maurice Drive, a brand-new, never-lived-in penthouse nestled in the heart of Downtown Oakville in the exclusive boutique residence, The Berkshire. This thoughtfully designed suite offers 1 spacious bedroom plus a formal dining room that easily converts to a second bedroom or home office, making it as versatile as it is elegant. With soaring 10-foot ceilings, pot lights throughout, and a sleek open-concept layout, the space feels bright, modern, and airy. The designer kitchen is a chefs dream, featuring quartz countertops, a gas countertop range, integrated appliances, and ample storage - all perfect for both everyday living and entertaining. The primary suite includes a luxurious 4-piece ensuite bathroom, complemented by an additional 2-piece powder room for guests. Every detail has been curated for comfort and convenience, and the unit comes fully turnkey furnished, with the option to purchase unfurnished if preferred. Enjoy the added convenience of underground parking, a storage locker, and premium amenities in this smoke free building - including a party room, fitness centre, and concierge service. Located just a 7-minute walk to the vibrant shops, cafes, and waterfront of Downtown Oakville, and mere steps from Fantinos Supermarket, everything you need is right at your doorstep. Commuters will appreciate the quick access to the QEW, 403, and GO Transit, making travel throughout the GTA seamless. This is a rare opportunity to own a penthouse in one of Oakville's most desirable and walkable neighbourhoods. Perfect for professionals, downsizers, or those looking for an upscale pied-a-terre. Don't miss your chance to experience boutique luxury living in Oakvilles coveted core.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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 1002 - CO Central
1002 - CO Central 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 1002 - CO Central
- •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
1002 - CO Central 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.
123 Maurice Drive Unit 407, 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
Fair Market Value
At $1000/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 82 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.
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 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.
About 1002 - CO Central
I know 1002 - CO Central well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.