345 Wheat Boom Drive Unit 1001, Oakville

Price: $443,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12870404

Modern 1-bedroom condo in the desirable North Oakville community featuring a bright, functional layout with 9-ft ceilings and contemporary finishes throughout. The open-concept kitchen offers granite countertops, stainless steel appliances, and ample cabinetry, flowing seamlessly into the spacious living and dining area with a walkout to a private balcony. The well-sized bedroom includes a walk-in closet with built-in storage. Designed for comfort and efficiency, the suite offers a practical layout with no wasted space and plenty of natural light. Residents have access to excellent amenities, including a fully equipped fitness centre, a rooftop party room with outdoor terrace and BBQ area, and an elegant lobby with automated parcel storage. Ideally located close to parks, trails, schools, shopping, restaurants, transit, and major highways for easy commuting. A fantastic opportunity to own in one of Oakville's fastest-growing communities. Includes parking.

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$443,900 - 345 Wheat Boom Drive Unit 1001, Oakville

Condo for Sale in Oakville

99 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12870404
Property Type
Condo
Status
active
Days on Site
99
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Oakville
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX PLUS CITY TEAM INC.
Description

Modern 1-bedroom condo in the desirable North Oakville community featuring a bright, functional layout with 9-ft ceilings and contemporary finishes throughout. The open-concept kitchen offers granite countertops, stainless steel appliances, and ample cabinetry, flowing seamlessly into the spacious living and dining area with a walkout to a private balcony. The well-sized bedroom includes a walk-in closet with built-in storage. Designed for comfort and efficiency, the suite offers a practical layout with no wasted space and plenty of natural light. Residents have access to excellent amenities, including a fully equipped fitness centre, a rooftop party room with outdoor terrace and BBQ area, and an elegant lobby with automated parcel storage. Ideally located close to parks, trails, schools, shopping, restaurants, transit, and major highways for easy commuting. A fantastic opportunity to own in one of Oakville's fastest-growing communities. Includes parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,277.44/mo

Includes CMHC insurance ($12,385)

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5-yr fixed avg.

Principal: $399,510Interest: $271,336
Mortgage Amount$411,895
Total Interest$271,336
Est. Property Tax$314/mo
Total Cost$683,231

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

345 Wheat Boom Drive Unit 1001, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$314
Insurance (est.)-$92
Net Cash Flow+$1,004

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 $740/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 99 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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    345 Wheat Boom Drive Unit 1001, Oakville | $443,900 | Battaglia Team