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$685K · 3 bed Condo Townhouse · 1005 - FA Falgarwood, Oakville | MyPropertyScout

$685,000

Unit 116

32Vacant

Map

⚡ Insider Deal

↓ $14,900Price Reduced

$685,000

B●●●○○DOM107days

Unit 116

1538 Lancaster Drive · Oakville · Ontario L6H 2Z3

MLS® W12867790 · 1005 - FA Falgarwood · L6H 2Z3

32Vacant1000-1199 ft²Condo Townhouse1-car Attached107d$623/ft²$2,896 tax/yrBuilt 198541 yrs old

5% below market · 107 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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 f…

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Property details

MLS#: W12867790
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 1000-1199
Style: 2-Storey
Type: Condo Townhouse
Year built: —

Roof: Asphalt Shingle
Foundation: Concrete

Condo corp #: 91
Balcony: None
Locker: None
Fees include: Common Elements Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Aluminum Siding
Fronting on: —
Cross street: Upper Middle Rd E/ Eighth Line
Basement: Finished
Stories: 1
Utilities: —
Laundry: In Basement
Interior: Guest Accommodations
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Foyer	3.45m × 1.7m
Main	Living Room	5.6m × 3.37m
Main	Dining Room	2.83m × 2.36m
Main	Kitchen	2.77m × 2.37m
Second	Primary Bedroom	4.17m × 3.72m
Second	Bedroom 2	3.94m × 3.52m
Second	Bedroom 3	3.78m × 2.63m
Second	Bathroom	1.56m × 2.66m
Basement	Recreation	9.15m × 5.74m
Basement	Bathroom	2.41m × 0.83m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CMI REAL ESTATE INC.

Source: TRREB/PROPTX · MLS® W12867790

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$685K

Unit 116 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $685,000✓ $2,896 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,622/mo

incl. closing costs (yr 1)

Annual total

$67,465

year 1

Mortgage only

$2,599/mo

principal + interest

Beyond mortgage

$1,717/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$137,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,850/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$40/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,175

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)46% $31,184/yr

Property taxes19% $13,071/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,850/yr

Condo fees8% $5,700/yr

Closing costs8% $5,100/yr

Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,184	$2,599/mo
Government & taxes
Property tax	$2,896	$241/mo
Land transfer tax(closing)	$10,175	$848/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,850	$571/mo
Condo fees
Condo / HOA fees	$5,700	$475/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$67,465	$5,622/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 116

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs