2420 Baronwood Drive Unit 8-01, Oakville

Price: $589,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13005812

Welcome to 2420 Baronwood Drive, nestled in the highly desirable Westmount community of Oakville. This well-maintained home presents an exceptional opportunity for families, first-time buyers, and investors looking for a prime location with strong long-term value. Situated in a family-friendly neighbourhood, the property is just minutes from top-rated schools, including AP programs, Emily Carr Public School, and Garth Webb Secondary School. Enjoy easy access to beautiful parks, walking trails, and green spaces like Sixteen Mile Creek Trail and Bronte Creek Provincial Park-perfect for outdoor enthusiasts and active lifestyles. This home features over 1,000 sq ft of single-floor living, offering a rare and convenient layout with no stairs-ideal for downsizers, young families, or anyone seeking easy accessibility. Step outside to your own private backyard, perfect for relaxing, entertaining, or giving pets a safe space to roam. Commuters will love the quick access to major highways, including Highway 407 and the QEW, providing seamless travel to Mississauga, Burlington, and Toronto. Everyday conveniences are close at hand with nearby shopping, dining, and amenities, including Smart Centres Oakville and Oakville Trafalgar Memorial Hospital. Known for its quiet streets, modern homes, and strong sense of community, Westmount continues to be one of Oakville's most sought-after neighbourhoods. With ongoing growth and development in the area, this location offers outstanding future potential. A fantastic opportunity to own in one of Oakville's premier communities.

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active
New Listing
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$589,000 - 2420 Baronwood Drive Unit 8-01, Oakville

Condo for Sale in Oakville

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13005812
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Oakville
Locker
None
Exposure
North West
Balcony
Terrace
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to 2420 Baronwood Drive, nestled in the highly desirable Westmount community of Oakville. This well-maintained home presents an exceptional opportunity for families, first-time buyers, and investors looking for a prime location with strong long-term value. Situated in a family-friendly neighbourhood, the property is just minutes from top-rated schools, including AP programs, Emily Carr Public School, and Garth Webb Secondary School. Enjoy easy access to beautiful parks, walking trails, and green spaces like Sixteen Mile Creek Trail and Bronte Creek Provincial Park-perfect for outdoor enthusiasts and active lifestyles. This home features over 1,000 sq ft of single-floor living, offering a rare and convenient layout with no stairs-ideal for downsizers, young families, or anyone seeking easy accessibility. Step outside to your own private backyard, perfect for relaxing, entertaining, or giving pets a safe space to roam. Commuters will love the quick access to major highways, including Highway 407 and the QEW, providing seamless travel to Mississauga, Burlington, and Toronto. Everyday conveniences are close at hand with nearby shopping, dining, and amenities, including Smart Centres Oakville and Oakville Trafalgar Memorial Hospital. Known for its quiet streets, modern homes, and strong sense of community, Westmount continues to be one of Oakville's most sought-after neighbourhoods. With ongoing growth and development in the area, this location offers outstanding future potential. A fantastic opportunity to own in one of Oakville's premier communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,021.88/mo

Includes CMHC insurance ($16,433)

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5-yr fixed avg.

Principal: $530,100Interest: $360,029
Mortgage Amount$546,533
Total Interest$360,029
Est. Property Tax$417/mo
Total Cost$906,563

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

2420 Baronwood Drive Unit 8-01, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$417
Insurance (est.)-$123
Net Cash Flow+$1,170

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 $589/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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