2325 Central Park Drive Unit 501, Oakville

Price: $499,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12848740

Imagine waking up each day to sweeping views across 27-acre Memorial Park with the Niagara Escarpment on the horizon from this bright and beautifully maintained condo in Oakville's sought-after River Oaks/Uptown Core community. Offering approximately 690 sq ft of well-designed living space and the largest one bedroom plus den layout on Central Park Drive, this suite located in a pet-friendly building is ideal for first-time buyers, professionals working from home, or downsizers seeking flexible space. The spacious primary bedroom features a walk-in closet and large windows that fill the room with natural light. Durable luxury vinyl plank flooring (2024) runs throughout and is complemented by California shutters. The kitchen features stone countertops, ample prep space and stainless steel appliances (2025), while the bathroom offers its own distinct stone counter for a refined, updated feel. The generously sized den provides excellent flexibility for a home office, yoga space, media room, or guest area. Step outside to the oversized balcony and enjoy views of green space, two ponds, a dog park, community gardens, and scenic walking trails. Residents enjoy excellent amenities including a fully equipped gym, outdoor pool, locker room with sauna, party room, landscaped courtyard with BBQs, visitor parking, owned underground parking, and a storage locker. Ideally located steps to shopping and restaurants with quick access to Highways 403, QEW and 407, as well as Oakville GO for commuters, this home offers outstanding comfort, convenience, and lifestyle.

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$499,900 - 2325 Central Park Drive Unit 501, Oakville

Condo for Sale in Oakville

105 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12848740
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Imagine waking up each day to sweeping views across 27-acre Memorial Park with the Niagara Escarpment on the horizon from this bright and beautifully maintained condo in Oakville's sought-after River Oaks/Uptown Core community. Offering approximately 690 sq ft of well-designed living space and the largest one bedroom plus den layout on Central Park Drive, this suite located in a pet-friendly building is ideal for first-time buyers, professionals working from home, or downsizers seeking flexible space. The spacious primary bedroom features a walk-in closet and large windows that fill the room with natural light. Durable luxury vinyl plank flooring (2024) runs throughout and is complemented by California shutters. The kitchen features stone countertops, ample prep space and stainless steel appliances (2025), while the bathroom offers its own distinct stone counter for a refined, updated feel. The generously sized den provides excellent flexibility for a home office, yoga space, media room, or guest area. Step outside to the oversized balcony and enjoy views of green space, two ponds, a dog park, community gardens, and scenic walking trails. Residents enjoy excellent amenities including a fully equipped gym, outdoor pool, locker room with sauna, party room, landscaped courtyard with BBQs, visitor parking, owned underground parking, and a storage locker. Ideally located steps to shopping and restaurants with quick access to Highways 403, QEW and 407, as well as Oakville GO for commuters, this home offers outstanding comfort, convenience, and lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

2325 Central Park Drive Unit 501, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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

Fair Market Value

At $833/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 105 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 600 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2325 Central Park Drive Unit 501, Oakville | $499,900 | Battaglia Team