1 day on Market

40 Old Mill Rd #LPH1, Oakville, Ontario L6J 7W2

In the same building:
-
Condo
2 + 1
3
~1400-1599 sqft
$1,058,900
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Condo
2 + 1
3
~1400-1599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$709/sqft

Est. Mortgage$4,548/mo

Maintenance fees$1162/mo

Tax Amount (2025)$4,858/yr

Days On Market1 day


Description

SPECTACULAR VIEWS! UPSCALE LIVING! Welcome to Oakridge Heights, an exclusive enclave of three prestigious mid-rise condominiums perched above the ravines of Sixteen Mile Creek! This stylish 2+1 bedroom lower-level penthouse has been beautifully upgraded and offers nearly 1,500 square feet of luxurious living space. Designed with both comfort and entertaining in mind, this elegant suite features hardwood flooring, crown moldings, and a spacious living room with gas fireplace that flows seamlessly into the dining area. The gourmet kitchen boasts granite countertops, stainless steel appliances, and walkout to a private balcony with breathtaking views of Sixteen Mile Creek. The generous primary bedroom offers a walk-in closet and four-piece ensuite with jetted tub. A second bedroom with its own four-piece ensuite, a versatile den or third bedroom, powder room, and in-suite laundry with a full-sized washer and dryer complete the layout. Additional features include two side-by-side underground parking spaces and a convenient storage locker - all on the same level. Enjoy resort-style amenities including an indoor pool, sauna, fitness centre, party room, security, an outdoor patio with barbecues nestled among mature trees, beautifully landscaped grounds, and ample visitor parking. Ideally located within walking distance of restaurants, shopping, Sixteen Mile Creek, and Oakville' vibrant downtown core. A commuters dream - just steps to the GO Station and minutes to the QEW.


Property Details

Style1 Storey/Apt
View-
Age of property16-30
SqFt~1400-1599 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberW12182296
Community NameOakville Business Corridor
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Heat Pump
Cooling: Central Air
Fireplace

Main Floor

Living

7.19 x 3.81

hardwood floor / Crown Moulding / Gas Fireplace

Dining

3.4 x 3.25

hardwood floor / Crown Moulding / Open Concept

Kitchen

3.96 x 3.66

Granite Counter / Stainless Steel Appl / W/O To Balcony

Primary

6.4 x 3.07

4 Pc Ensuite / hardwood floor / W/I Closet


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


10Story
Elevator
Amenities

Party/Meeting Room, Exercise Room, Indoor Pool, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 29, 2025
ListedActive
$1,058,900
1 day on market
history photo preview42
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Oakville Business Corridor

Geo Zone Map ThumbnailOakville Business Corridor

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

15 days

2023

47 days

2022

8 days

New Listings

Past 30 days

19 listings

Compared to

2024

9 listings

2023

10 listings

2022

11 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

4 units

2022

8 units

Median Sold Price

Past 30 days

$530,000

Compared to

2024

$555,000

2023

$595,000

2022

$675,000


Population and Demographics

Overview

Total population 11495
Average household income $186,657

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
21%
65 and plus
17%
20 to 34
17%

Household composition (%)

Single family
75%
Single person
22%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Mandarin
6%
Others
4%
Arabic
2%
Spanish
2%
Portuguese
2%
Urdu
1%
Italian
1%
French
1%
Polish
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget