$1,397,000 - 60 Old Mill Road Unit PH1, Oakville
Condo for Sale in Oakville
New — Listed 5 days ago- MLS Number
- W13417488
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Oakville
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- Royal LePage Real Estate Services Ltd., Brokerage
Penthouse Perfection with Lake Ontario & Toronto Skyline Views. Welcome to Oakridge Heights, one of Oakville's most prestigious addresses, where this 1,956 square foot, 3-bedroom, 2.5-bath penthouse delivers a rare combination of size, style, and spectacular wraparound views. Renovated to exacting standards, this home offers an open, light-filled layout with south exposure over the Sixteen Mile Creek with vistas of Lake Ontario and east exposure to the glittering Toronto skyline, enjoyed from a private wraparound balcony that spans multiple living areas and offers an additional 486 square feet of space. The owners have invested heavily in this beautiful suite, upgrading it to its present stylish state since they purchased it in 2019. No expense has been spared, and the new owner will benefit from the ultimate turnkey experience, able to relax and enjoy all that this spectacular unit has to offer. For commuters, access to the Oakville GO station and the highway is a dream. A brisk 15 minute walk to downtown Oakville. Whole Foods and other gourmet shopping is just down the road. Two side by side parking spaces right by the elevator, and two lockers. Get in soon before you miss your opportunity!
Estimate your monthly payments for this property
Estimated Payment
$6,179.40/mo
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.
60 Old Mill Road Unit PH1, 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
Competitive Pricing
At $776/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.
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.
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.