348 Wheat Boom Drive Unit 24, Oakville

Price: $995,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W12995532

Welcome to Unit 24 at 348 Wheat Boom Drive! If you've been waiting for something that doesn't feel cookie-cutter, this is it. This 3-bedroom, 3-bathroom freehold corner townhouse brings the kind of space, light, and flexibility that just hits different. With a rare corner placement backing onto Athabasca Pond, you're getting peaceful views, extra privacy, and bonus greenspace right beside you - something not every neighbor can claim. Inside, it's all about easy, modern living. Thoughtfully upgraded (over $30K in improvements),the kitchen delivers with enhanced cabinetry, extra storage, and sleek quartz countertops and stainless steel appliances w a handy waterline to the refrigerator- perfect for everything from weekday meals to wine-and-friends nights. Pot lights throughout the main living spaces keep things bright and inviting, while upgraded tiles and finishes add that modern & polished, move-in-ready feel. The primary bedroom has a spacious walk in closet that accesses a 3-pieceensuite with upgraded glass shower. The second and third bedrooms have lovely windows allowing much light and unobstructed views. Lower level den area is an additional space that can be used to suit your personal needs, should it be a private office space, workout room, or playroom for the little ones. And let's not forget one of the standout features: a wraparound rooftop terrace complete with BBQ gas line & water hookup, plus a second patio off the living room -perfect for entertaining. Finally this townhouse includes 2-car tandem garage with an oh-so-modern-EV-charger for those that need it and of course central vac. Located in a growing, transit-oriented neighborhood in Oakville, close to parks, schools, shopping, trails, and an Oakville Trafalgar Memorial Hospital expansion. Ideal for first-time buyers, young professionals, or investors who want something that is up to date & move- in ready! **BEDROOMS 2, 3 & BALCONY VIRTUALLY STAGED**

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active
New Listing
1/31

$995,000 - 348 Wheat Boom Drive Unit 24, Oakville

Townhouse for Sale in Oakville

New — Listed 2 days ago
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W12995532
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Lot Size
1,518 sqft
Listing Brokerage
Royal LePage Security Real Estate
Description

Welcome to Unit 24 at 348 Wheat Boom Drive! If you've been waiting for something that doesn't feel cookie-cutter, this is it. This 3-bedroom, 3-bathroom freehold corner townhouse brings the kind of space, light, and flexibility that just hits different. With a rare corner placement backing onto Athabasca Pond, you're getting peaceful views, extra privacy, and bonus greenspace right beside you - something not every neighbor can claim. Inside, it's all about easy, modern living. Thoughtfully upgraded (over $30K in improvements),the kitchen delivers with enhanced cabinetry, extra storage, and sleek quartz countertops and stainless steel appliances w a handy waterline to the refrigerator- perfect for everything from weekday meals to wine-and-friends nights. Pot lights throughout the main living spaces keep things bright and inviting, while upgraded tiles and finishes add that modern & polished, move-in-ready feel. The primary bedroom has a spacious walk in closet that accesses a 3-pieceensuite with upgraded glass shower. The second and third bedrooms have lovely windows allowing much light and unobstructed views. Lower level den area is an additional space that can be used to suit your personal needs, should it be a private office space, workout room, or playroom for the little ones. And let's not forget one of the standout features: a wraparound rooftop terrace complete with BBQ gas line & water hookup, plus a second patio off the living room -perfect for entertaining. Finally this townhouse includes 2-car tandem garage with an oh-so-modern-EV-charger for those that need it and of course central vac. Located in a growing, transit-oriented neighborhood in Oakville, close to parks, schools, shopping, trails, and an Oakville Trafalgar Memorial Hospital expansion. Ideal for first-time buyers, young professionals, or investors who want something that is up to date & move- in ready! **BEDROOMS 2, 3 & BALCONY VIRTUALLY STAGED**

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Estimated Payment

$5,104.87/mo

Includes CMHC insurance ($27,761)

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5-yr fixed avg.

Principal: $895,500Interest: $608,199
Mortgage Amount$923,261
Total Interest$608,199
Est. Property Tax$705/mo
Total Cost$1,531,460

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

348 Wheat Boom Drive Unit 24, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$705
Insurance (est.)-$207
Net Cash Flow+$1,818

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 $663/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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