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    Guelph / The Junction - Guelph

    204 - 40 Old Mill Rd

    For SaleOakridge Heights III Condos
    $560,000
    1 Bed
    1 Bath
    1 Parking
    706 SQFT
    89 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $545/mth
    Taxes:
    $2,350 (2023)
    Cost Per Sqft:
    $793/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    North West
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Ceramic Floor, Granite Counter
    8.53 x 8.04ft
    Dining
    Hardwood Floor, Combined with Living
    19.03 x 10.5ft
    Living
    Hardwood Floor, Combined with Dining, Juliette Balcony
    19.03 x 10.5ft

    About this Listing

    Rare Opportunity for Investors, First-Time Buyers, and Downsizers! Discover this charming, freshly painted, and upgraded 1-bedroom suite located in Oakvilles most sought-after area, within the Oakville Trafalgar High School district. Featuring a Juliette balcony, gorgeous hardwood floors, and elegant crown molding, this suite boasts a spacious feel with its 9 ft ceilings. The kitchen is beautifully fitted with granite countertops and upgraded cabinets. Enjoy the convenience of an ensuite laundry and storage area with built-in shelves. The bathroom is luxuriously appointed with a marble bathtub/shower and an additional separate glass shower. This well-maintained building is just steps from the GO Station, close to shopping, 16 Mile Creek, and Downtown Oakville. Move-in ready and waiting for you!

    ExtrasHighly Sought After & Very Desireable, Well-Managed Building. Property Management & Superintendent Onsite. Shoppers, All Major Banks, LCBO, Home Depot, Food Basics, Several Restaurants & Cafes All Walking Distance!

    re/max aboutowne realty corp.MLS® #W8455496

    Amenities

    Party Room
    Games Room
    Bike Storage
    Visitor Parking
    Gym Room
    BBQ

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    19,630
    Average Individual Income
    $65,950
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $111,758
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    27%
    $60,000+
    16%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    39%
    Semi Detached
    25%
    Low Rise Apartment
    15%
    High Rise Apartment
    15%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    10%
    Punjabi
    4%
    Tagalog
    1%
    Spanish
    1%
    Education
    High School
    29%
    University and Above
    26%
    College
    21%
    None
    15%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    20%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Oakridge Heights III Condos vs The Junction - Guelph Area

    Building Trends At Oakridge Heights III Condos

    Days on Strata

    Units at Oakridge Heights III Condos spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Junction - Guelph

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 44 condos in The Junction - Guelph area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Oakridge Heights III Condos offers the
    ?
    best value out of 44 condos in neighbourhood

    Appreciation Rank

    Oakridge Heights III Condos has the
    ?
    highest ROI out of 44 condos in neighbourhood

    Rental Yield

    Oakridge Heights III Condos yields the
    ?
    highest rent prices out of 44 condos in neighbourhood

    High Demand

    Oakridge Heights III Condos is the
    ?
    most popular building out of 44 condos in neighbourhood

    Transaction Insights at 40 Old Mill Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$615,000$855,000No DataNo Data
    Avg. Cost Per SqftNo Data$776$833No DataNo Data
    Avg. Wait for Unit Availability427 Days253 Days178 Days189 Days262 Days
    Ratio of Units in Building9%17%48%22%7%

    Transactions vs Inventory

    Total number of units listed and sold in Junction - Guelph