405 Dundas Street Unit PH02, Oakville

Price: $899,000

3 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12558872

Penthouse 2 at Distrikt Trailside offers 1,070 sq. ft. of stylish living with 10' ceilings, 3 bedrooms, 2 owned parking spaces, and 2 owned lockers, all in a true top-floor setting with no one above you. This residence is 1 of only 2 of the largest penthouse suites in the entire building, making it an exceptionally rare offering. The west-facing exposure overlooks Gladeside Pond and the escarpment, filling the home with natural light and peaceful views. A major benefit of this suite is the true 3-bedroom layout. Many units offer only 2 bedrooms with an open den, but here all 3 rooms are fully enclosed, creating excellent flexibility for families, multi-generational living, guests, or a private office. The 2 owned parking spaces are another standout feature, providing long-term security and convenience in a building where parking is limited. The home also includes 2 owned lockers, offering valuable private storage. Few suites provide this combination of extra parking, extra storage, and 3 full bedrooms. Inside, the home features luxury vinyl plank flooring and a modern Trevisana kitchen imported from Italy, complete with upgraded quartz countertops. 2 balconies extend the living space outdoors, each with a gas BBQ hook-up, and the primary bedroom enjoys its own balcony, creating a private retreat to enjoy the sunset in the west. 2 heat pumps provide efficient and customizable climate control. Building amenities include 24-hour security, concierge service, a party room, a fully equipped gym, a dog-washing station, and an indoor, secure bicycle storage area on the main floor. The location is excellent with easy access to grocery shopping, restaurants, schools, playgrounds, the library, and the Sixteen Mile Sports Complex, with Lions Valley Park and the Sixteen Mile Creek trails just a short walk away. Penthouse 2 at 405 Dundas Street W offers rare space, valuable owned features, luxury top-floor living, and maintenance-free convenience with every amenity close at hand.

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$899,000 - 405 Dundas Street Unit PH02, Oakville

Condo for Sale in Oakville

32 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12558872
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Oakville
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Description

Penthouse 2 at Distrikt Trailside offers 1,070 sq. ft. of stylish living with 10' ceilings, 3 bedrooms, 2 owned parking spaces, and 2 owned lockers, all in a true top-floor setting with no one above you. This residence is 1 of only 2 of the largest penthouse suites in the entire building, making it an exceptionally rare offering. The west-facing exposure overlooks Gladeside Pond and the escarpment, filling the home with natural light and peaceful views. A major benefit of this suite is the true 3-bedroom layout. Many units offer only 2 bedrooms with an open den, but here all 3 rooms are fully enclosed, creating excellent flexibility for families, multi-generational living, guests, or a private office. The 2 owned parking spaces are another standout feature, providing long-term security and convenience in a building where parking is limited. The home also includes 2 owned lockers, offering valuable private storage. Few suites provide this combination of extra parking, extra storage, and 3 full bedrooms. Inside, the home features luxury vinyl plank flooring and a modern Trevisana kitchen imported from Italy, complete with upgraded quartz countertops. 2 balconies extend the living space outdoors, each with a gas BBQ hook-up, and the primary bedroom enjoys its own balcony, creating a private retreat to enjoy the sunset in the west. 2 heat pumps provide efficient and customizable climate control. Building amenities include 24-hour security, concierge service, a party room, a fully equipped gym, a dog-washing station, and an indoor, secure bicycle storage area on the main floor. The location is excellent with easy access to grocery shopping, restaurants, schools, playgrounds, the library, and the Sixteen Mile Sports Complex, with Lions Valley Park and the Sixteen Mile Creek trails just a short walk away. Penthouse 2 at 405 Dundas Street W offers rare space, valuable owned features, luxury top-floor living, and maintenance-free convenience with every amenity close at hand.

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Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

405 Dundas Street Unit PH02, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,271

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 $999/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.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 900 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.

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.

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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