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    518 - 55 Speers Road

    For RentRain & Senses Condos
    $2,400/mth
    1 Bed + 1
    1 Bath
    1 Parking
    660 SQFT
    12 Days on Strata
    Est Lease Timeframe
    10 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Possession Date:
    May 1, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Hardwood Floor
    15.62 x 11.02ft
    Dining
    Combined with Living, Open Concept, Hardwood Floor
    15.62 x 11.02ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Modern Kitchen
    11.75 x 7.55ft

    About this Listing

    Prestige Rain Condos Building; <8 Years Old; 1 Bedroom + Den, In The Heart Of Oakville; Open Concept Kitchen With Granite Counter And S/S Appliances; Engineered Hardwood Floors; 9Ft Ceiling; W/O To Balcony From Living And Bedroom; Washroom Attached To Master Bedroom; 1 Parking Spot And 1 Locker Included; Close To VIA/Go Station & Oakville Waterfront; Minutes To QEW.

    ExtrasSS fridge, Stove, B/I Dishwasher, Stacked Washer & Dryer For Tenant Use; 1 Parking & 1 Locker Included; Resort Style Amenities; Roof-Top Terrace, Party Room, Indoor Pool, Gym, Meeting Room. Parking Level B, Unit 2; Locker Level 5, Unit 36.

    royal star realty inc.MLS® #W8247216


    Amenities

    Visitor Parking
    Indoor Pool
    Media Room
    Party Room
    Indoor Parking
    Car Wash

    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    Unknown
    Transit
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    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 Rain & Senses Condos spend an average of
    29
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 44 condos in the Downtown Oakville area

    Sold Units

    27
    Units were Sold over the past twelve months

    Rented Units

    75
    Units were Rented over the past twelve months

    Best Value Rank

    Rain & Senses Condos offers the
    ?
    best value out of 44 condos in the Downtown Oakville neighbourhood

    Appreciation Rank

    Rain & Senses Condos has the
    ?
    highest ROI out of 44 condos in the Downtown Oakville neighbourhood

    Rental Yield

    Rain & Senses Condos yields the
    ?
    highest rent prices out of 44 condos in the Downtown Oakville neighbourhood

    High Demand

    Rain & Senses Condos is the
    ?
    most popular building out of 44 condos in the Downtown Oakville neighbourhood

    Transaction Insights at 55 Speers Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$488,000 - $610,000$543,000 - $600,000$625,000 - $805,000$750,000 - $762,000
    Avg. Cost Per SqftNo Data$917$876$921$768
    Avg. Wait for Unit Availability222 Days25 Days23 Days29 Days53 Days
    Ratio of Units in Building2%27%35%26%13%

    Maintenance Fees

    Rain & Senses Condos vs The Downtown Oakville Area

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