$679,900 - 1240 Marlborough Court Unit 606, Oakville
Condo for Sale in Oakville
32 days on market- MLS Number
- W12378870
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Welcome to Sovereign II, where luxury meets lifestyle in this completely renovated 2-bedroom plus solarium/office, offering 1,207 sq. ft. of stylish, open-concept living. Thoughtfully redesigned, this bright and spacious unit features northwest-facing windows that fill the space with natural light and provide beautiful sunset views. The modern kitchen is perfect for entertaining, showcasing quartz countertops, a breakfast bar, and brand-new stainless steel appliances. Additional features include under mount lighting and sink, self-closing drawers, a large pantry with built-in microwave, and pot lights. The open layout seamlessly connects the kitchen to the living and dining areas, creating a warm and inviting atmosphere. The expansive primary bedroom is a true retreat, offering a walk-in closet with and a stunning 5-piece ensuite with double sinks, a soaker tub and shower. The second bedroom is generously sized, and the enclosed solarium offers the perfect space for a home office. Residents enjoy a full range of amenities, including an indoor pool (under construction), fully equipped gym, sauna, party room, and beautifully landscaped outdoor seating areas. The unit comes with one exclusive underground parking space and a private storage locker. Maintenance fees cover internet and cable, water, etc. Ideally located just steps to Oakville Place Mall, Sheridan College, parks, public transit and with easy access to major highways and nature trails. This is more than just a home it's a turnkey lifestyle opportunity in one of Oakville's most convenient and well-maintained communities.
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
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 606, 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 25+ years of GTA real estate experience
Competitive Pricing
At $567/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.
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.
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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.