2441 Greenwich Drive Unit 5, Oakville

Price: $609,000

2 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12760148

Menkes built stacked townhouse on ground level with private entrance. Property is tenanted until Feburary 14th, tenant is willing to stay. One underground parking and locker. Close to hospital, Go Station and hiways.

2441 Greenwich Drive Unit 5, Oakville - Image 1
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$609,000 - 2441 Greenwich Drive Unit 5, Oakville

Condo for Sale in Oakville

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12760148
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
City
Oakville
Locker
Exclusive
Exposure
South
Balcony
None
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Menkes built stacked townhouse on ground level with private entrance. Property is tenanted until Feburary 14th, tenant is willing to stay. One underground parking and locker. Close to hospital, Go Station and hiways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,124.49/mo

Includes CMHC insurance ($16,991)

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5-yr fixed avg.

Principal: $548,100Interest: $372,255
Mortgage Amount$565,091
Total Interest$372,255
Est. Property Tax$431/mo
Total Cost$937,346

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2441 Greenwich Drive Unit 5, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$431
Insurance (est.)-$127
Net Cash Flow+$1,137

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $677/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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