1230 Marlborough Court Unit 506, Oakville

Price: $520,000

2 bedrooms, 2 bathrooms

1,200 sq ft

Property Type: Condo

MLS#: W12668068

Spacious 2 bedroom condo in prime Oakville location - beside Sheridan College! Welcome to this stunning 2-bedroom, 2 bathroom condo offering 1,200 sq ft of thoughtfully designed living space in the heart of Oakville's desirable College Park neighborhood. Located right next to Sheridan College and just minutes from the GO train, QEW, this perfect home for professionals, downsizers, students or investors. Steps inside to a bright and open layout highlighted by floor-to-ceiling windows that flood the space with natural light. The custom kitchen is a chef's dream, featuring quartz countertops, soft-close drawers, undermount lighting, and sleek stainless steel appliances - a perfect blend of functionality and style. The spacious primary bedroom offers a tranquil retreat with a large walk-in closet and a 4 piece ensuite bathroom. A generous second bedroom and additional full bathroom blend of functionality and style. Enjoy access to a range of building amenities, including an exercise room, party room, library, and ample visitor parking. With public transit at your doorstep and everything you need just minutes away, this condo delivers convenience, comfort, and a connected lifestyle. Don't miss your chance to own in one of Oakville's most convenient and vibrant communities. Schedule your private showing today!

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$520,000 - 1230 Marlborough Court Unit 506, Oakville

Condo for Sale in Oakville

32 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12668068
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

Spacious 2 bedroom condo in prime Oakville location - beside Sheridan College! Welcome to this stunning 2-bedroom, 2 bathroom condo offering 1,200 sq ft of thoughtfully designed living space in the heart of Oakville's desirable College Park neighborhood. Located right next to Sheridan College and just minutes from the GO train, QEW, this perfect home for professionals, downsizers, students or investors. Steps inside to a bright and open layout highlighted by floor-to-ceiling windows that flood the space with natural light. The custom kitchen is a chef's dream, featuring quartz countertops, soft-close drawers, undermount lighting, and sleek stainless steel appliances - a perfect blend of functionality and style. The spacious primary bedroom offers a tranquil retreat with a large walk-in closet and a 4 piece ensuite bathroom. A generous second bedroom and additional full bathroom blend of functionality and style. Enjoy access to a range of building amenities, including an exercise room, party room, library, and ample visitor parking. With public transit at your doorstep and everything you need just minutes away, this condo delivers convenience, comfort, and a connected lifestyle. Don't miss your chance to own in one of Oakville's most convenient and vibrant communities. Schedule your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,667.87/mo

Includes CMHC insurance ($14,508)

$
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5%10%50%

5-yr fixed avg.

Principal: $468,000Interest: $317,853
Mortgage Amount$482,508
Total Interest$317,853
Est. Property Tax$368/mo
Total Cost$800,361

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

1230 Marlborough Court Unit 506, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$1,264

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

Competitive Pricing

At $433/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 32 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.

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 $2,167 (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.

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