$595,000 - 1240 Marlborough Court Unit 605, Oakville
Condo for Sale in Oakville
68 days on market- MLS Number
- W12975378
- Property Type
- Condo
- Status
- active
- Days on Site
- 68
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Oakville
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to Sovereign II Condos, a quiet and well-maintained building nestled on a serene cul-de-sac in the highly sought-after College Park neighbourhood of Oakville. Surrounded by nature, with Oakville Park and the scenic McCraney Valley Trail just steps away, this location offers the perfect blend of peaceful living and everyday convenience. Enjoy walking distance to Sheridan College and Oakville Place, with easy access to major highways and the Oakville GO Station-ideal for commuters. The nearby Uptown Core offers an abundance of shopping, dining and essential amenities.Residents enjoy a full suite of premium amenities including an indoor pool, fitness centre, sauna, hot tub and a stylish party room.This spacious and sun-filled "Countess" model offers approximately 1,231 sq. ft. of beautifully updated living space, featuring 2 bedrooms, 2 bathrooms and a versatile den. A wall of west-facing windows fills the suite with natural light, creating a bright and inviting atmosphere. The thoughtfully updated interior includes modern flooring, renovated bathrooms and a refined kitchen complete with under-cabinet lighting, melamine countertops, pot drawers, a pantry, breakfast bar and stainless steel appliances.The generous living and dining areas are perfect for both everyday living and entertaining, while the glass-enclosed den provides an ideal space for a home office or cozy retreat. The spacious primary bedroom features a walk-in closet and a stylish 4-piece ensuite, complemented by a second bedroom and updated 3-piece bath.Complete with in-suite laundry, underground parking and a storage locker, this exceptional condo offers comfort, style and an unbeatable Oakville lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
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 605, 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 $496/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 68 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.
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 $2,479 (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.