$899,900 - 408 Fairgate Way, Oakville
Townhouse for Sale in Oakville
New — Listed 5 days ago- MLS Number
- W12984748
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Welcome to this beautifully maintained & upgraded, END UNIT FREEHOLD featuring 2-bedrooms, 2.5-bath and offering comfort, functionality, and an ideal layout for modern living. Private fully fenced yard! The primary bedroom features an updated ensuite and the 2nd spacious bedroom can enjoy the renovated main bath -perfect for privacy, guests, or a shared lifestyle. The sun-filled eat-in kitchen walks out to a private deck with a clear view, while the walkout basement extends your living space to a fully fenced, landscaped and hardscaped backyard, truly a gardener's dream and a peaceful outdoor escape. The lower level boasts tasteful cork flooring and would make a great family room, bright office space or gym, even a third bedroom if needed! Inside, you'll appreciate hardwood floors and solid hardwood staircases, an eat in kitchen complimented by stainless steel appliances. Enjoy the convenience of inside entry from the garage and a private driveway that fits 2 cars or would fit an extra large vehicle! Step outside and embrace a walkable lifestyle-just steps to shops, restaurants, parks, and endless amenities. Commuters will love the quick access to major highways and the GO Train. Located in the highly sought-after Iroquois Ridge High School catchment, this is more than a home-it's a lifestyle opportunity in one of the area's most desirable communities. Notable updates include: roof 2015, Furnace 2023, Air conditioning2023,Eavestroughs 2020, Ensuite 2014, Main bath 2020, Patio 2021, Fridge 2021, Range and extractor fan 2022, Microwave 2025
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
408 Fairgate Way, Oakville
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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
Fair Market Value
At $818/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.
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.
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.
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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.