$865,000 - 55 SPEERS Road Unit 1709, Oakville
Condo for Sale in Oakville
32 days on market- MLS Number
- W12487392
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Spectacular 1,305 sqft+ Corner Condo with Two Balconies & Premium Upgrades -Experience the very best of luxury condo living in this spectacular and spacious 2-bedroom, 2-bathroom corner suite-a rare gem located in one of Oakville's most desirable communities.This beautifully maintained residence offers the perfect blend of style, comfort, and convenience, featuring a storage locker and two premium parking spaces located just steps from your entry door.Step outside and enjoy the outdoors from your expansive wrap-around balcony, ideal for entertaining or relaxing, or retreat to your private balcony off the primary bedroom-the perfect spot for morning coffee or peaceful evening sunsets. This corner suite faces west with a southern view of Lake Ontario, filling the space with natural light and scenic beauty.Inside, you'll find 9-foot ceilings, floor-to-ceiling windows, upgraded flooring thought out. An open, airy layout that's both elegant and functional. The modern kitchen features dark cabinetry with custom pullouts, dual garbage bins, a spice drawer, pot drawers, and upgraded stainless steel Whirlpool and Bosch appliances. Granite countertops and a glass tile backsplash add the perfect finishing touch.The primary bedroom suite includes two closets-one a walk-in with built-in organizers, and the other with an upgraded mirrored door-plus a luxurious ensuite with contemporary grey tiles and sleek white finishes. The guest bedroom offers a large walk-in closet, and the in-suite laundry features an upgraded washer and dryer for everyday convenience.Additional highlights include modern roll-down blinds, custom floor-to-ceiling blackout drapery, and upgraded light fixtures and chandelier, all enhancing the home's refined, contemporary appeal.Residents enjoy resort style amenities includingIndoor pool, hot tub, cold plunge pool, and sauna, Fully equipped fitness centre with yoga and Pilates room, Rooftop patio with BBQs, fireplace, outdoor TV, and lounge seating.
Estimate your monthly payments for this property
Estimated Payment
$4,437.90/mo
Includes CMHC insurance ($24,134)
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.
55 SPEERS Road Unit 1709, 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 25+ years of GTA real estate experience
Competitive Pricing
At $721/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.
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.
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 $3,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.