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    704 - 50 Old Mill Rd

    For SaleOakridge Heights II Condos
    $1,299,000
    Price Cut: $1,499,000
    2 Beds
    2 Bath
    2 Parking
    1,479 SQFT
    91 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,060/mth
    Taxes:
    $4,154 (2024)
    Cost Per Sqft:
    $878/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    Flexible
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Foyer
    Hardwood Floor, Closet
    10.66 x 7.42ft
    Living
    Hardwood Floor, Windows Floor to Ceiling, Sw View
    19.42 x 18.34ft
    Kitchen
    Hardwood Floor, Built-in Appliances
    15.75 x 9.51ft

    About this Listing

    Beautiful Old Oakville condo - incredibly renovated, with extraordinary views. It boasts exquisite design with meticulous attention to detail. Renovated in 2022, it features an inviting open-concept layout, custom cabinetry, a chef's kitchen with top of-the-line appliances, hardwood flooring throughout. The focal point of the condo (besides the view) is the custom-built cabinetry in the living area, perfect for displaying your treasures, with a distinctive glass & smoke mirror cabinet for glassware and bar essentials.Spanning 1479 square feet, this residence offers two bedrooms & two luxurious full bathrooms, both adorned with custom vanities, unique tile work, glass showers, and polished nickel hardware. Floor-to-ceiling windows provide sweeping views to the south overlooking 16 Mile Creek, where you can catch glimpses of eagles, herons, swans, coyotes, fishermen, kayakers, SUPs & Dragonboat racers! Custom window treatments, including drapes and motorized roller blinds. Storage is cleverly maximized throughout the condo with custom closets & pullout drawers in cabinets, catering to your organizational needs for printer, files, pantry items, linens, and medicines. Also added were potlights throughout the suite and beautiful new light fixtures. Just a stone's throw away from the GO train station, and conveniently accessible to highways, the location couldn't be better. You can walk to Downtown Oakville, the Recreation Centre, Whole Foods, the LCBO, Chapters Indigo, Shoppers and Starbucks.The building is well-managed, with reasonable condo fees. This unit also includes locker and tandem parking for two cars. Don't forget to review the comprehensive Features List and floor plans.

    ExtrasJust a stone's throw away from the GO train station, conveniently accessible to highways - the location couldn't be better. You can walk to Downtown Oakville, the Recreation Centre, to shopping at Whole Foods, the LCBO, Starbucks, Shoppers.

    sotheby`s international realty canadaMLS® #W8449078


    Amenities

    Games Room
    Security System
    Lap Pool
    Sauna
    Outdoor Pool
    Indoor Parking

    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%

    Maintenance Fees

    Oakridge Heights II Condos vs The Junction - Guelph Area

    Days on Strata

    Units at Oakridge Heights II Condos spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    6.1
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 44 condos in The Junction - Guelph area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 50 Old Mill Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$555,000 - $590,000$655,000 - $1,174,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$801$684No DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data561 Days283 Days101 DaysNo DataNo DataNo Data
    Ratio of Units in Building1%8%20%63%4%2%2%

    Transactions vs Inventory

    Total number of units listed and sold in Junction - Guelph