530 Falgarwood Drive Unit 21, Oakville

Price: $648,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W13018532

Perfect for first-time buyers and investors, this spacious end-unit townhouse offers more than meets the eye in a highly desired location backing onto a peaceful ravine. The open-concept main floor features laminate flooring and an inviting eat-in kitchen, seamlessly flowing into a bright living and dining space with a walk-out to an enclosed terrace overlooking lush greenery - your own private retreat. Upstairs, the primary bedroom is filled with natural light, complete with a skylight and direct access to the terrace, alongside well-proportioned additional bedrooms. Offering just under 1,700 sqft of living space, this home also includes 1 underground parking space with easy access. Ideally located within the highly regarded Iroquois Ridge High School district, and just minutes to major highways (QEW/403), Oakville GO Station, parks, trails, and Community Centre. A rare opportunity to own a well-sized ravine property - don't miss it.

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$648,000 - 530 Falgarwood Drive Unit 21, Oakville

Condo for Sale in Oakville

54 days on market
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W13018532
Property Type
Condo
Status
active
Days on Site
54
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Oakville
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Perfect for first-time buyers and investors, this spacious end-unit townhouse offers more than meets the eye in a highly desired location backing onto a peaceful ravine. The open-concept main floor features laminate flooring and an inviting eat-in kitchen, seamlessly flowing into a bright living and dining space with a walk-out to an enclosed terrace overlooking lush greenery - your own private retreat. Upstairs, the primary bedroom is filled with natural light, complete with a skylight and direct access to the terrace, alongside well-proportioned additional bedrooms. Offering just under 1,700 sqft of living space, this home also includes 1 underground parking space with easy access. Ideally located within the highly regarded Iroquois Ridge High School district, and just minutes to major highways (QEW/403), Oakville GO Station, parks, trails, and Community Centre. A rare opportunity to own a well-sized ravine property - don't miss it.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,324.58/mo

Includes CMHC insurance ($18,079)

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5%10%50%

5-yr fixed avg.

Principal: $583,200Interest: $396,094
Mortgage Amount$601,279
Total Interest$396,094
Est. Property Tax$459/mo
Total Cost$997,373

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

530 Falgarwood Drive Unit 21, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$459
Insurance (est.)-$135
Net Cash Flow+$1,606

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 $405/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 54 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.

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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    530 Falgarwood Drive Unit 21, O… — $648,000 | Battaglia Team