$499,000 - 1240 Marlborough Court Unit 402, Oakville
Condo for Sale in Oakville
98 days on market- MLS Number
- W12864788
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Oakville
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- Royal Lepage Real Estate Associates
Stunning Ravine Views & Modern Comfort Await! Wake up every day to breathtaking vistas through dramatic floor-to-ceiling windows in this bright and spacious one-bedroom suite, offering over 900 sq. ft. of beautifully updated living space. The open-concept living and dining area is bathed in natural light and features a built-in bookcase with an electric fireplace, creating a cozy and stylish focal point. The updated kitchen flows seamlessly into the main living space and includes a breakfast bar-perfect for morning coffee with ravine views or entertaining guests. The generous primary bedroom easily accommodates a king-size bed and includes a walk-in closet for ample storage. The monthly condo fee of $873.89 covers building insurance, common elements, water, cable, high-speed internet, and parking, providing exceptional value. Residents enjoy fantastic amenities, including an indoor pool (currently under renovation), a fully equipped fitness centre, sauna, and party room. Ideally located close to the GO Train, QEW, and public transit, and just minutes to Sheridan College and Oakville Place, this suite offers the perfect combination of comfort, convenience, and serene ravine living.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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 402, 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 $554/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 98 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 900 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.
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.