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    for sale
    31 Days on Strata
    Est Sell Timeframe:
    16 Days
    $699,900
    Get price change & sold alerts
    3 Beds
    2 Bath
    2 Parking
    1,000 - 1,199 SQFT

    Price History


    Maintenance Fees:
    $475/mth
    Taxes:
    $2,896 (2025)
    Property Type:
    Condo Townhouse
    Cost Per Sqft:
    $584 - $700/sqft
    Outdoor Space:
    None
    Ensuite Laundry:
    No
    Locker:
    None
    Possession Date:
    Now
    Exposure:
    South

    Amenities

    BBQs Allowed
    Visitor Parking
    Indoor Parking

    About this Listing

    Welcome to this sun-drenched 3-bedroom, 2-bathroom condo townhouse, where comfort meets effortless living. The main floor shines with modern pot lights and a spacious layout perfect for hosting. Retreat upstairs to three bright bedrooms featuring laminate flooring. A standout feature is the finished basement, complete with a rare 3-piece bathroom. Step outside to your private outdoor nook or explore the incredible neighborhood, rich with parks, ravines, and scenic trails. Situated just minutes from the Oakville GO Station, shopping, and dining, this home offers the ultimate low-maintenance lifestyle in a prime location. Nestled in the heart of Oakville's coveted Falgarwood community, this elegant 3-bedroom, 2-bathroom condo townhouse perfectly balances modern comfort with suburban tranquility. The main floor features a sprawling living area designed for both quiet evenings and effortless entertaining. Upstairs, three sun-drenched bedrooms offer a serene retreat, complemented by a pristine full bathroom. The home's versatility shines in the finished basement, which boasts a spacious rec room and a rare, additional 3-piece bath. Step outside to a private outdoor space brimming with potential. Located just minutes from the Oakville GO Station, premium dining, and lush ravine trails, this home offers a seamless, low-maintenance lifestyle in a nature-rich neighborhood.

    ExtrasAll fixtures permanently attached to the property in "as is" condition All fixtures permanently attached to the property in "as is" condition.

    cmi real estate inc.MLS® #W12867790

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Foyer
    5.58 x 11.32ft
    Living
    11.06 x 18.37ft
    Dining
    7.74 x 9.29ft
    Kitchen
    7.78 x 9.09ft
    Primary
    12.21 x 13.68ft
    2nd Bedroom
    11.55 x 12.93ft
    3rd Bedroom
    8.63 x 12.4ft
    Bathroom
    8.73 x 5.12ft
    4 Piece Bath
    Rec
    18.83 x 30.02ft
    Bathroom
    2.72 x 7.91ft

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Iroquois Ridge South

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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    Demographics

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

    Population
    6,488
    Average Individual Income
    $70,549
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $112,818
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    38%
    $30,000+
    27%
    $60,000+
    18%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Punjabi
    2%
    Education
    High School
    30%
    University and Above
    24%
    College
    24%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    9%
    Education
    7%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    2%


    Days on Strata

    Units at 1516 Lancaster Drive Townhomes spend an average of
    51
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Iroquois Ridge South

    Turnover of Units

    On average, each unit is owned for
    13.6
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 8 condos in the Iroquois Ridge South area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    1516 Lancaster Drive Townhomes offers the
    ?
    best value out of 8 condos in the Iroquois Ridge South neighbourhood

    Appreciation Rank

    1516 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 8 condos in the Iroquois Ridge South neighbourhood

    Rental Yield

    1516 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 8 condos in the Iroquois Ridge South neighbourhood

    High Demand

    1516 Lancaster Drive Townhomes is the
    ?
    most popular building out of 8 condos in the Iroquois Ridge South neighbourhood

    Market Insights

    Transaction Insights at 1516 Lancaster Drive Townhomes

    3 Bed3 Bed + Den
    Price Range$600,000 - $842,500No Data
    Avg. Cost Per Sqft$610No Data
    Avg. Wait for Unit Availability49 Days1121 Days
    Ratio of Units in Building58%5%

    Market Inventory

    Total number of units listed and sold in Iroquois Ridge South