$699,900 - 1240 Marlborough Court Unit 110, Oakville
Condo for Sale in Oakville
108 days on market- MLS Number
- W12766472
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Oakville
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Exceptional 3-Bedroom 3-Bathroom Luxury Lifestyle Condo Living with picturesque ravine views. Welcome to "Sovereign II", perfectly situated at the end of a quiet cul-de-sac, with ravine and trails. This fabulous, sun-filled main floor suite features 3 bedrooms, including 2 large ones that EACH have a walk-in closet and 4-piece ensuite bathroom for luxury living. 3rd bedroom is currently being used as an office. A powder room strategically placed adjacent to front hall is ideal for guests. Living Room and Primary Bedroom provide stunning lawn and ravine views via floor-to-ceiling windows. Light-filled and airy spaces throughout, with wood flooring. Large living and dining areas are perfect for entertaining, and are where down-sizers will find lots of room for good-sized living and dining furniture. In-suite laundry. Sovereign II offers a premium ravine location in the heart of Oakville, providing excellent access to Oakville Place, Sheridan College, Oakville Town Hall, Hwy 403/QEW and the Oakville GO Station. This unit is truly special.
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 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.
1240 Marlborough Court Unit 110, 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 $437/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.
Negotiation Opportunity
At 108 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.