50 Old Mill Rd 506

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50 Old Mill Rd 506, Oakville
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W4022068
MLSID
Contact Us
Property Description
Beautiful And Bright Two Bedroom, Two Washroom Suite With Open Concept Living/Dining Room. Overall Size Is Approx. 1,000 Sq Ft With Sunlight Flooding From The Late Morning To Sundown. Enjoy Views Of Sixteen Mile Creek From Balcony Which Are Stunning In All Four Seasons. Walk To Go/Bus Via Station. Excellent Amenities Including Gym, Pool, Sauna, Party Room With Pool Table And Security. Rare Opportunity To Own 2 Lockers And 2 Parking Spots!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-01-20 2022-01-26 7 $779,900 $835,000 Sold
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, All Elfs's All Window Coverings, Microwave, California Shutters, 2 Lockers And 2 Parking Spots
Property Features
Arts Centre, Grnbelt/Conserv, Lake/Pond, Public Transit, River/Stream, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,727 (2017)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround14.50' x 20.01'Combined W/Dining, Hardwood Floor
DiningGround14.50' x 19.72'Combined W/Living, Hardwood Floor, W/O To Balcony
KitchenGround6.99' x 12.01'Ceramic Floor, French Doors, Backsplash
MasterGround10.50' x 16.01'Broadloom, California Shutters, Ensuite Bath
2nd BrGround11.48' x 14.50'Broadloom, California Shutters, Ensuite Bath
Oakville Market Statistics
Oakville Price Trend
50 Old Mill Rd 506 is a 2-bedroom 2-bathroom condo listed for sale at $565,000, which is $248,484 (30.5%) lower than the average sold price of $813,484 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Oakville declined by $17,219 (2.1%) compared to the previous 30 day period (February 19 - March 19) and up $94,094 (13.1%) from the same time one year ago.
Inventory Change
There were 61 2-bedroom condos listed in Oakville over the last 30 days (March 20 - April 18), which is up 3.4% compared with the previous 30 day period (February 19 - March 19) and up 84.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Oakville typically sold ($16,630) (2.0%) below asking price over the last 30 days (March 20 - April 18), which represents a $7,573 increase compared to the previous 30 day period (February 19 - March 19) and ($18,675) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Oakville over the last 30 days (March 20 - April 18) stood at 63.9%, up from 52.5% over the previous 30 days (February 19 - March 19) and down from 97.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Oakville stood at 20 days when successfully sold over the last 30 days (March 20 - April 18), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Quantum Realty Inc., Brokerage
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