459 Kerr Street Unit 302, Oakville

Price: $599,000

2 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12318258

Welcome to Kerr Studios, a boutique-style condo community nestled in the heart of vibrant Kerr Village. This meticulously maintained 2-bedroom, 2-bathroom suite offers 900 sq.ft. of bright, open-concept living with ideal bedroom separation each with its own full bathroom perfect for shared living or guests. Overlooking the tranquil, east-facing rear of the building, the unit features high-end bamboo hardwood floors with cork underpadding, granite counters, and a thoughtfully upgraded kitchen boasting 23 drawers, glass cabinetry, a centre island, a European-style brushed steel fridge, built-in cooktop and oven, and a drawer-style dishwasher. The spacious primary bedroom includes an ensuite bath and Juliette balcony. Enjoy smart pot lights, travertine flooring, modern bathrooms with granite walls and glass sinks, custom roller blinds, and large windows throughout. Includes S/S appliances, washer/dryer, window coverings, and one parking spot. Walk to cafes, shops, Oakwood Public School, Tannery Park, Trafalgar Park Community Centre, and the lake. Oakville GO and QEW are minutes away making this a commuters dream. Move-in ready, unpack and enjoy the best of Kerr Village living. Extras:

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$599,000 - 459 Kerr Street Unit 302, Oakville

Condo for Sale in Oakville

32 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12318258
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Oakville
Locker
None
Exposure
West
Balcony
Juliette
Listing Brokerage
SAPPHIRE REAL ESTATE INC.
Description

Welcome to Kerr Studios, a boutique-style condo community nestled in the heart of vibrant Kerr Village. This meticulously maintained 2-bedroom, 2-bathroom suite offers 900 sq.ft. of bright, open-concept living with ideal bedroom separation each with its own full bathroom perfect for shared living or guests. Overlooking the tranquil, east-facing rear of the building, the unit features high-end bamboo hardwood floors with cork underpadding, granite counters, and a thoughtfully upgraded kitchen boasting 23 drawers, glass cabinetry, a centre island, a European-style brushed steel fridge, built-in cooktop and oven, and a drawer-style dishwasher. The spacious primary bedroom includes an ensuite bath and Juliette balcony. Enjoy smart pot lights, travertine flooring, modern bathrooms with granite walls and glass sinks, custom roller blinds, and large windows throughout. Includes S/S appliances, washer/dryer, window coverings, and one parking spot. Walk to cafes, shops, Oakwood Public School, Tannery Park, Trafalgar Park Community Centre, and the lake. Oakville GO and QEW are minutes away making this a commuters dream. Move-in ready, unpack and enjoy the best of Kerr Village living. Extras:

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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

459 Kerr Street Unit 302, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,146

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

Competitive Pricing

At $666/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.

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.

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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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