$899,900 - 1580 Lancaster Drive Unit 17, Oakville
Condo for Sale in Oakville
Popular Listing- MLS Number
- W12927070
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Oakville
- Locker
- None
- Exposure
- South East
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this meticulously maintained and exceptionally spacious 3-bedroom semi-detached home nestled in a safe, family-friendly neighborhood surrounded by mature trees. Offering One of the largest layout- 1,599 sq ft plus a 554 sq ft finished basement, this home combines space, comfort, and functionality for modern family living. Ideally located within walking distance to Sheridan Public School, scenic trails, parks, and within the highly sought-after Iroquois Ridge High School boundary, this home offers both convenience and an outstanding lifestyle. Thoughtfully updated throughout, this beautiful home delivers modern comfort with an ultra low-maintenance lifestyle-perfect for busy families. The main and upper levels showcase elegant hardwood flooring, while the stunning kitchen features stainless steel appliances, granite countertops, a centre island, and a stylish backsplash-ideal for both everyday living and entertaining. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat with a built-in walk-in closet, along with two additional large bedrooms. The updated main bathroom offers a touch of luxury with a soaker tub and double vanity. Major upgrades include: stainless steel stove (2025), washer & dryer (2024), large windows (2015), furnace and A/C (2015), roof (2018), and a fully renovated basement (2020).Step outside to a large, private backyard-perfect for entertaining or enjoying quality family time.
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
1580 Lancaster Drive Unit 17, 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 $643/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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.