$519,000 - 212 Kerr Street Unit 401, Oakville
Condo for Sale in Oakville
86 days on market- MLS Number
- W12909680
- Property Type
- Condo
- Status
- active
- Days on Site
- 86
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Oakville
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX Aboutowne Realty Corp., Brokerage
Welcome to this charming end-unit condo in the desirable Arbor Glen community. Tucked back from Kerr Street and surrounded by lush greenery, this building offers a peaceful setting while still being in the heart of vibrant Kerr Village. Enjoy convenient access to boutique shopping, restaurants, parks, and a near-by community centre-just minutes from the lake, downtown Oakville, and a Marina. A grocery store is only steps away. This bright and spacious 2-bedroom condo (approximately 960 sq. ft.) features a large open-concept living and dining area with warm hardwood floors, elegant wainscoting, and crown molding throughout. The updated interior includes beautiful custom closets in the hallway and both bedrooms, complete with built-in drawers and organizers for optimal storage. The kitchen showcases white cabinetry and quartz countertops, offering both style and functionality. Two generously sized bedrooms and a well-appointed 4-piece bathroom complete the interior. The hallways were recently renovated with porcelain tiles, carpet & tasteful wallpaper. Additional features include ensuite storage and a spacious balcony offering tranquil views of lush greenery. The unit comes with one underground parking space (A6) equipped with a **LEVEL 2 EV OUTLET**. Residents have access to a well-designed bicycle room and ample visitor parking, available both underground and outdoors. Impeccably maintained, this spacious and bright unit is an ideal home for a wide range of buyers. Convenient access to transit, highways, and all amenities makes this a truly exceptional opportunity.
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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.
212 Kerr Street Unit 401, 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 $577/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.
Negotiation Opportunity
At 86 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 900 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 $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.