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    Oakridge Heights III Condos

    40 Old Mill Road

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    113
    Condo Completion:
    2005
    Condo Demand:
    Medium
    Unit Size Range:
    557 - 2,976 SQFT
    Unit Availability:
    Low

    Listing History for Oakridge Heights III Condos

    Amenities

    Visitor Parking
    Car Wash
    Concierge
    Indoor Pool
    Gym Room
    Games Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 40 Old Mill RoadOakridge Heights III Condos

    Oakridge Heights III Condos is a Halton Region condo located at 40 Old Mill Road in the Downtown Oakville neighbourhood. The condo was completed in 2005 and features 113 units over 12 storeys. Halton Region condo for sale here range from 557 square feet, up to 2976 square feet.

    Maintenance fees are $0.69 per-square-foot, which is higher than the neighbourhood average of $0.67 per-square-foot.

    The Suites

    On average, units at 40 Old Mill Road sell -1.52% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $764 and units sell with 19 days on market on average. Over the past 12 months, 3 have sold and 4 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Ranee's Roti, The Boot Social Pizzeria and Vili's Pizza & Shawarma And Wings are all within 14 minutes walking distance from 40 Old Mill Road. Downtown Oakville has plenty to offer coffee enthusiasts, with great cafes like Vereda Central Coffee Roasters, Kerr Street Cafe and The Sweetest Thing.

    Grocery shopping is never a chore with stores such as Metro in the area.

    Planning for your future is easy with CIBC Branch with ATM and Scotiabank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Forster Park, Navy Flats Park and Wallace Park.

    Enhance your personal style while living in the Downtown Oakville neighbourhood by visiting Oakville Commons and Olde Oakville Market Place.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Greening's Custom Framing & Art Gallery Inc, Galactic Glass Gallery Smoke Shop and Oakville Galleries less than a 3-minute drive away will give you a lift. Film.Ca Cinemas is just a simple 16-minute walk from the building, ideal for movie junkies.

    Oakridge Heights III Condos is a short drive away from New Central Public School, giving you plenty of choice for your child’s education. Downtown Oakville is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending OAKVILLE LEARNING CENTRE and Gary Allan High School. And you’ll have peace of mind they’re nearby!

    Transportation

    Transit users will need to trek a bit to Uptown Core Terminal, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 459 Kerr Street, 50 Old Mill Road and 60 Old Mill Road.

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    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Oakridge Heights III Condos spend an average of
    19
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

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

    Property Value

    9%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 44 condos in the Downtown Oakville 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 the Downtown Oakville neighbourhood

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 40 Old Mill Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$585,000 - $615,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$765No DataNo DataNo Data
    Avg. Wait for Unit Availability454 Days274 Days155 Days181 Days262 Days
    Ratio of Units in Building10%16%46%24%7%

    Maintenance Fees

    Oakridge Heights III Condos vs The Downtown Oakville Area

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