$810,000 - 1518 Sixth Line Unit 31, Oakville
Condo for Sale in Oakville
84 days on market- MLS Number
- W12912098
- Property Type
- Condo
- Status
- active
- Days on Site
- 84
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oakville
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome home! This beautifully updated, two-story condo townhouse nestled in Oakville's desirable College Park community offers nearly 1,200 square feet above grade with a bright, open-concept layout for owners to enjoy. Make your way inside and be mesmerized by the combined living and dining areas elevated with LED pot lights, luxury vinyl hardwood floors, and seamless entry to the backyard stone patio completed in 2025 - a perfect space for al-fresco dining with loved ones. The kitchen is a cook's dream with quartz countertops and ample upper and lower cabinetry space for all of your culinary essentials. Ascend to where you'll find 3 generously sized bedrooms, including the primary retreat with mirrored closets. The redesigned 4-pc bathroom features modern touches including sleek quartz countertops, a built-in linen closet, and a combined shower/tub with rainfall shower. The completed basement adds valuable space to this home with a convenient powder room and a dedicated laundry area. Immaculately kept and thoughtfully updated throughout, featuring a new furnace installed in 2021, a heat pump installed in 2023, and attic insulation updated in 2023. Superb location, minutes from great schools, grocery stores, Oakville Public Library, Oakville Place mall, Sheridan college, and major highways like hwy 403 and QEW. A move-in ready must see for young families, first-time buyers, or investors alike!
Estimate your monthly payments for this property
Estimated Payment
$4,155.72/mo
Includes CMHC insurance ($22,599)
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.
1518 Sixth Line Unit 31, Oakville
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Rental income estimator & ROI calculator
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 $810/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 84 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.
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 $3,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.