123 MAURICE Drive Unit 409, Oakville

Price: $1,799,900

2 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13065496

Experience elevated living in the heart of South Oakville, just moments from the lake. Thoughtfully designed with soaring 10 ft ceilings and expansive principal rooms, the approx 1500 sq ft interior exudes sophistication and comfort at every turn. The open concept layout is complemented by high end finishes and a seamless flow ideal for both everyday living and hosting. A Gourmet kitchen showcases built in appliances and stylish cabinetry. The sundrenched primary suite flows into a spa inspired oasis featuring a deep freestanding soaking tub and a frameless glass rainfall shower, premium finishes designed to provide a luxury experience every day. This stunning residence offers approximately 1,400 sq ft of private rooftop terrace space, complete with your own hot tub, creating the ultimate setting for entertaining or unwinding under the stars. Set within a boutique style building, residents enjoy concierge service and access to an onsite fitness studio, enhancing both convenience and lifestyle. Perfectly suited for those seeking refined, low maintenance living in a coveted lakeside community. This is where luxury meets lifestyle.

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$1,799,900 - 123 MAURICE Drive Unit 409, Oakville

Condo for Sale in Oakville

44 days on market
2Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13065496
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
2
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX ESCARPMENT GOLFI REALTY INC.
Description

Experience elevated living in the heart of South Oakville, just moments from the lake. Thoughtfully designed with soaring 10 ft ceilings and expansive principal rooms, the approx 1500 sq ft interior exudes sophistication and comfort at every turn. The open concept layout is complemented by high end finishes and a seamless flow ideal for both everyday living and hosting. A Gourmet kitchen showcases built in appliances and stylish cabinetry. The sundrenched primary suite flows into a spa inspired oasis featuring a deep freestanding soaking tub and a frameless glass rainfall shower, premium finishes designed to provide a luxury experience every day. This stunning residence offers approximately 1,400 sq ft of private rooftop terrace space, complete with your own hot tub, creating the ultimate setting for entertaining or unwinding under the stars. Set within a boutique style building, residents enjoy concierge service and access to an onsite fitness studio, enhancing both convenience and lifestyle. Perfectly suited for those seeking refined, low maintenance living in a coveted lakeside community. This is where luxury meets lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,961.56/mo

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5-yr fixed avg.

Principal: $1,439,920Interest: $948,549
Mortgage Amount$1,439,920
Total Interest$948,549
Est. Property Tax$1,275/mo
Total Cost$2,388,469

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

123 MAURICE Drive Unit 409, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$1,275
Insurance (est.)-$375
Net Cash Flow+$120

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1286/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 44 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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $7,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    123 MAURICE Drive Unit 409, O… — $1,799,900 | Battaglia Team