$375,000 - 288 Reynolds Street Unit 1, Oakville
Condo for Sale in Oakville
101 days on market- MLS Number
- W12857206
- Property Type
- Condo
- Status
- active
- Days on Site
- 101
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Oakville
- Locker
- Ensuite
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Perfect for downsizers and long-time Oakville residents seeking peaceful, low-maintenance living in the heart of historic Old Oakville. This beautifully updated 2-bedroom residence in the boutique Mayfair Co-operative offers a bright, welcoming home just steps from one of Oakville's most beloved neighbourhoods. Located on a quiet, tree-lined street, the home is within walking distance to downtown Oakville's shops and restaurants, the lakefront, Oakville GO Station, and the new Oakville Trafalgar Community Centre, offering exceptional walkability and convenient transit access. Inside, you'll find a thoughtfully renovated kitchen with stainless steel appliances, under-cabinet lighting, and modern finishes, an updated bathroom, durable pale wood-grain flooring throughout, and newer energy-efficient windows. Large windows provide natural light and overlook the building's beautifully maintained perennial gardens, creating a calm and inviting atmosphere. The boutique Mayfair Co-operative offers a quiet, owner-occupied community where neighbours take pride in their building and enjoy a peaceful environment. Pride of ownership fosters a strong sense of community while helping maintain long-term value. Monthly fees include property taxes, heat, water, and parking, providing predictable and simplified ownership costs. The building also offers a dedicated parking space, storage locker, on-site laundry, and optional garage rental. A wonderful opportunity for those who love Oakville and want to remain close to the community, friends, and lifestyle they cherish. Co-op Information Package available outlining ownership structure, financing through DUCA, and board approval process. Co-operative ownership requires a minimum 30% down payment.
Estimate your monthly payments for this property
Estimated Payment
$1,923.94/mo
Includes CMHC insurance ($10,463)
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.
288 Reynolds Street Unit 1, Oakville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $536/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 101 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 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.
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.