2272 Mowat Avenue Unit 56, Oakville

Price: $849,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13081728

This Wonderful End unit 3 bedroom townhome is located in a private enclave of townhomes in the sought-after River Oaks community & Offers hardwood floors in Living/dining room, updated kitchen with stainless steel appliances, eat-in area offers convenient walkout to a private patio, ideal for outdoor entertaining. The family room offers a cozy wood-burning fireplace, updated 2-piece powder room, Upstairs, the primary bedroom is generously sized and includes a beautifully renovated 3-piece ensuite with a glass shower. The two additional bedrooms are spacious and share an updated main bath, professionally finished lower level rec room offers additional living space with 2 sets of double door closets and ample storage room & laundry, 2025 New High Eff Furnace, windows & garage door replaced. Close to top-rated schools, parks with splash areas, shopping, River Oaks Rec Centre, Oakville Hospital, and major highways & more! This home offers great value and a fantastic location!

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$849,000 - 2272 Mowat Avenue Unit 56, Oakville

Condo for Sale in Oakville

40 days on market
3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13081728
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Oakville
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

This Wonderful End unit 3 bedroom townhome is located in a private enclave of townhomes in the sought-after River Oaks community & Offers hardwood floors in Living/dining room, updated kitchen with stainless steel appliances, eat-in area offers convenient walkout to a private patio, ideal for outdoor entertaining. The family room offers a cozy wood-burning fireplace, updated 2-piece powder room, Upstairs, the primary bedroom is generously sized and includes a beautifully renovated 3-piece ensuite with a glass shower. The two additional bedrooms are spacious and share an updated main bath, professionally finished lower level rec room offers additional living space with 2 sets of double door closets and ample storage room & laundry, 2025 New High Eff Furnace, windows & garage door replaced. Close to top-rated schools, parks with splash areas, shopping, River Oaks Rec Centre, Oakville Hospital, and major highways & more! This home offers great value and a fantastic location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,355.81/mo

Includes CMHC insurance ($23,687)

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5-yr fixed avg.

Principal: $764,100Interest: $518,956
Mortgage Amount$787,787
Total Interest$518,956
Est. Property Tax$601/mo
Total Cost$1,306,743

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.

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Neighbourhood Guide: Oakville

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

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

2272 Mowat Avenue Unit 56, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$601
Insurance (est.)-$177
Net Cash Flow+$1,362

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $708/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 40 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.

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.

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    2272 Mowat Avenue Unit 56, Oakv… — $849,000 | Battaglia Team