$700,000 - 2108 Lakeshore Road Unit 2, Oakville
Condo for Sale in Oakville
37 days on market- MLS Number
- W13099210
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Oakville
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
If you've been stuck choosing between condo living and an overpriced detached home, this might be the sweet spot. Tucked into one of South Oakville's most family friendly pockets near the lake, this 3 bedroom townhouse offers something that feels increasingly rare today: space for your family, freedom for your kids and a neighbourhood that still feels like a neighbourhood. Parents here actually let their kids roam. Ride bikes. Explore trails by the water. Build forts in the woods with friends and come home when the streetlights turn on. Coronation Park and its full sized waterfront splash pad are also just a short walk or quick bike ride away, making summer days incredibly easy with young kids. Inside, the home is warm, functional and move in ready with 1144 sq ft above grade, spacious bedrooms, an oversized primary suite and a finished lower level rec room that gives everyone room to spread out. The private fenced backyard feels more like a small detached home than a condo townhouse and creates an easy space for BBQs, pets, playtime or quiet evenings outside. Unlike most units in the complex, this home has been upgraded to efficient gas forced air heating and central air conditioning, a major long term comfort and cost advantage over electric baseboard units. Direct access to your underground parking space means extra storage for bikes, strollers and gear, plus the simple luxury of package delivery right to your own front door.
Estimate your monthly payments for this property
Estimated Payment
$3,591.36/mo
Includes CMHC insurance ($19,530)
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.
2108 Lakeshore Road Unit 2, 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 $700/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 37 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.