2365 Central Park Drive Unit 902, Oakville

Price: $535,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W12916456

Welcome to Central Park Condominiums in the vibrant Oak Park community. This spacious 1-bedroom unit offers a private balcony with beautiful park views, two parking spaces, and a locker.Enjoy a walkable, pedestrian-friendly neighbourhood with schools, parks, trails, restaurants, and shops just steps away. Ideally located just minutes to the 403, 407, and QEW, with River Oaks Recreation Centre nearby, Sheridan College only 2 km away, and several renowned golf courses including Glen Abbey close by.North Oakville offers the perfect blend of lifestyle, comfort, and convenience.

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$535,000 - 2365 Central Park Drive Unit 902, Oakville

Condo for Sale in Oakville

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W12916456
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to Central Park Condominiums in the vibrant Oak Park community. This spacious 1-bedroom unit offers a private balcony with beautiful park views, two parking spaces, and a locker.Enjoy a walkable, pedestrian-friendly neighbourhood with schools, parks, trails, restaurants, and shops just steps away. Ideally located just minutes to the 403, 407, and QEW, with River Oaks Recreation Centre nearby, Sheridan College only 2 km away, and several renowned golf courses including Glen Abbey close by.North Oakville offers the perfect blend of lifestyle, comfort, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,744.83/mo

Includes CMHC insurance ($14,927)

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5-yr fixed avg.

Principal: $481,500Interest: $327,022
Mortgage Amount$496,427
Total Interest$327,022
Est. Property Tax$379/mo
Total Cost$823,448

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

2365 Central Park Drive Unit 902, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$379
Insurance (est.)-$111
Net Cash Flow+$855

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $764/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 23 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.

Efficient Living

At 700 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 $2,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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