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    Oakville / Iroquois Ridge South

    58 - 1552 Lancaster Dr

    For Sale1516 Lancaster Drive Townhomes
    $829,000
    3 Beds
    3 Bath
    2 Parking
    1,200 - 1,399 SQFT
    5 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $462/mth
    Taxes:
    $2,793 (2024)
    Cost Per Sqft:
    $593 - $691/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    Flexible
    Laundry:
    Lower
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept
    9.15 x 17.65ft
    Dining
    Laminate, Open Concept
    9.15 x 10.07ft
    Kitchen
    Laminate, Open Concept
    8.5 x 8.5ft

    About this Listing

    Location! Location!! Location!!!. Steps to public school, surrounding parks, Metro supermarket and shopping mall. Welcome to this beautifully updated home in the heart of Oakville! This 3bdrm, 3-bath residence boasts modern upgrades and an inviting open-concept layout, perfect for family living and entertaining. Step inside to discover the main floor, featuring laminate flooring and pot lights throughout. The open layout allows for easy interaction with family and guests while preparing meals. The upper level features three spacious bedrooms. The primary bedroom is a serene retreat with a W/I closet. Basement with ample space for a recreation room for movie nights, gaming, or a home gym. Don't miss the chance to own this remarkable property. Enjoy your showings!

    homelife kingsview real estate inc.MLS® #W9511914

    Amenities

    Visitor Parking
    Indoor Parking
    BBQs Allowed

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    Unknown
    Transit
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    6,488
    Average Individual Income
    $70,549
    Average Household Size
    0 persons
    Average Age
    42
    Average Household Income
    $112,818
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    38%
    $30,000+
    27%
    $60,000+
    18%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    25%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    92%
    Other
    6%
    Punjabi
    2%
    Education
    High School
    30%
    University and Above
    24%
    College
    24%
    None
    14%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Social Sciences
    12%
    Health & Related Fields
    9%
    Education
    7%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Visual & Performing Arts
    4%
    Physical Sciences
    2%

    Price Trends

    Building Trends At 1516 Lancaster Drive Townhomes

    Days on Strata

    Units at 1516 Lancaster Drive Townhomes spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Iroquois Ridge South

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 8 condos in the Iroquois Ridge South area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    1516 Lancaster Drive Townhomes offers the
    ?
    best value out of 8 condos in the Iroquois Ridge South neighbourhood

    Appreciation Rank

    1516 Lancaster Drive Townhomes has the
    ?
    highest ROI out of 8 condos in the Iroquois Ridge South neighbourhood

    Rental Yield

    1516 Lancaster Drive Townhomes yields the
    ?
    highest rent prices out of 8 condos in the Iroquois Ridge South neighbourhood

    High Demand

    1516 Lancaster Drive Townhomes is the
    ?
    most popular building out of 8 condos in the Iroquois Ridge South neighbourhood

    Transaction Insights at 1514-1558 Lancaster Drive

    3 Bed3 Bed + Den
    Price Range$635,000 - $900,000$728,900
    Avg. Cost Per Sqft$678$615
    Avg. Wait for Unit Availability25 Days561 Days
    Ratio of Units in Building93%8%

    Transactions vs Inventory

    Total number of units listed and sold in Iroquois Ridge South