297 Oak Walk Drive Unit 314, Oakville

Price: $549,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12955482

Welcome to suite 314 at 297 Oak Walk Drive, an exceptional 1 Bed + DEN residence in Oakville's sought after Uptown Core where design, functionality & lifestyle come together seamlessly. Soaring 12 foot ceilings create an immediate sense of space & light, a rare feature that truly sets this home apart. Oversized windows fill the suite with natural light, enhancing the open concept layout & creating a warm, inviting atmosphere throughout.Thoughtfully designed for real living, the spacious living & dining area comfortably accommodates a full dining table, making it perfect for both everyday meals & hosting guests. The versatile den offers flexibility as a home office, guest space, or additional living area. The modern kitchen features sleek cabinetry, stone countertops, a subway tile backsplash & a premium appliance package, balancing style & functionality. Step outside to your private terrace, a true extension of the living space. Overlooking lush greenery & Morrison Creek, it offers a rare sense of privacy & tranquility, ideal for morning coffee or evening unwinding. Additional highlights include a private storage room located directly beside the unit, a convenient & exclusive feature rarely found in condo living, as well as an owned parking space. Set within the Oak & Co community, residents enjoy access to premium amenities including concierge, fitness centre, outdoor pool & beautifully designed shared spaces. The building itself offers unique architectural details, including interior hallways overlooking a landscaped green roof. Ideally located in a vibrant transit hub, this home is just minutes to the Oakville GO Station & offers easy access to major highways. Steps to shopping, dining & amenities, this location offers outstanding convenience. With its rare ceiling height, functional layout & standout features, this is a unique opportunity to own a truly exceptional home. VIEW THE 3D IGUIDE TOUR FOR MORE PHOTOS, FLOOR PLAN, VIDEO & BROCHURE.

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New Listing
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$549,000 - 297 Oak Walk Drive Unit 314, Oakville

Condo for Sale in Oakville

New — Listed 2 days ago
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12955482
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to suite 314 at 297 Oak Walk Drive, an exceptional 1 Bed + DEN residence in Oakville's sought after Uptown Core where design, functionality & lifestyle come together seamlessly. Soaring 12 foot ceilings create an immediate sense of space & light, a rare feature that truly sets this home apart. Oversized windows fill the suite with natural light, enhancing the open concept layout & creating a warm, inviting atmosphere throughout.Thoughtfully designed for real living, the spacious living & dining area comfortably accommodates a full dining table, making it perfect for both everyday meals & hosting guests. The versatile den offers flexibility as a home office, guest space, or additional living area. The modern kitchen features sleek cabinetry, stone countertops, a subway tile backsplash & a premium appliance package, balancing style & functionality. Step outside to your private terrace, a true extension of the living space. Overlooking lush greenery & Morrison Creek, it offers a rare sense of privacy & tranquility, ideal for morning coffee or evening unwinding. Additional highlights include a private storage room located directly beside the unit, a convenient & exclusive feature rarely found in condo living, as well as an owned parking space. Set within the Oak & Co community, residents enjoy access to premium amenities including concierge, fitness centre, outdoor pool & beautifully designed shared spaces. The building itself offers unique architectural details, including interior hallways overlooking a landscaped green roof. Ideally located in a vibrant transit hub, this home is just minutes to the Oakville GO Station & offers easy access to major highways. Steps to shopping, dining & amenities, this location offers outstanding convenience. With its rare ceiling height, functional layout & standout features, this is a unique opportunity to own a truly exceptional home. VIEW THE 3D IGUIDE TOUR FOR MORE PHOTOS, FLOOR PLAN, VIDEO & BROCHURE.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

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5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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

297 Oak Walk Drive Unit 314, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,307

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 25+ years of GTA real estate experience

Fair Market Value

At $915/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.

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.

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.

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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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