$518,000 - 128 Grovewood Common Unit 428, Oakville
Condo for Sale in Oakville
132 days on market- MLS Number
- W12747896
- Property Type
- Condo
- Status
- active
- Days on Site
- 132
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RED HOUSE REALTY
Welcome to refined condo living in the heart of Uptown Oakville. This beautifully designed 1 bedroom + den residence at 128 Grovewood Common offers a sophisticated open-concept layout with abundant natural light and modern finishes throughout. The sleek kitchen features contemporary cabinetry and generous storage, seamlessly flowing into the living and dining space; ideal for both everyday living and entertaining. The versatile den is perfectly suited for a private home office or guest area, while the spacious bedroom provides a calm and comfortable retreat. Enjoy the added convenience of underground parking and a dedicated locker. Ideally located just steps from shopping, dining, parks, and trails, with easy access to transit and major highways, this is a rare opportunity to own a stylish home in one of Oakville's most desirable communities. Ideal for first-time buyers, investors, or down sizers seeking comfort and convenience. An excellent opportunity to own a upgraded condo in Oakville, you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$2,657.61/mo
Includes CMHC insurance ($14,452)
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.
128 Grovewood Common Unit 428, 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
Fair Market Value
At $1036/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 132 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 500 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.
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 $2,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.