40 Old Mill Road  901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada. - Hero Image
40
Old Mill Road 901
Oakville | Ontario

Where City

Meets Elegance

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Michela Mantle
Michela Mantle
Presented At
$505,873
Bedrooms
2
Bathrooms
2
Living
995
SQFT
Stone Countertops
Air Conditioning
Washer Dryer
Fitness Center / Gym
Indoor Pool
Bar
Laundry Room
Walk In Closet
Sauna
Parking
Balcony
Pool
Water View
Waterfront
Modern
40 Old Mill Road  901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada. - Photo 1
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40 Old Mill Road 901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada. , Oakville , Ontario

Creekside Retreat

Your Creekside retreat awaits! Step into this sun drenched 995 square foot, two bedroom, two bathroom suite that offers the perfect blend of natural tranquility and contemporary comfort. Expansive west facing windows bathe the interior in natural light and provide picturesque views of Sixteen Mile Creek, Lake Ontario and lush treetops. An airy open concept split bedroom floor plan maximizes both space and flow, perfect for everyday living and entertaining. The unit's floor plan is unique to the suite as it has been reconfigured to create a more functional layout, expanding the living space and taking advantage of the gorgeous natural light. Carpet-free, the suite features exquisite hardwood flooring and has been recently repainted throughout. The impressive kitchen offers the best of everything with granite countertops, stainless appliances and a passthrough. The spacious king-sized primary bedroom includes a large walk-in closet and four-piece ensuite bathroom with extra deep soaker tub and walk-in shower. The second bedroom is equally as spacious and includes a large closet and a remodeled three-piece bathroom nearby. A dedicated laundry closet contains a stacked Samsung washer and dryer. The suite is quietly located at the end of the hall with respectful and kind neighbours in the coveted community of Oakridge Heights, in the most sought after building in the complex. The building features recently refreshed common areas and stylish renovation. The property manager lives on site, who in concert with the off-site building superintendent, and the shared security team provide optimal coverage and service year-round. The building amenities include a party room, hobby room, bike storage, visitor’s parking, gym, indoor pool, change rooms with sauna, as well as an outdoor parkette with two communal barbeques and seating space. One owned underground parking space, and one owned locker are included. A commuters dream with easy access to the Oakville GO right at your doorstep, as well as the Queen Elizabeth Way. The suite is conveniently located close to the wonderful shops, restaurants and amenities that downtown Oakville has to offer. 40 Old Mill is also walking distance to Olde Oakville Marketplace, home to Wholefoods, the LCBO, a Starbucks, Shoppers Drug Mart and several specialty retail stores and services. While there are many parks and expansive green spaces to explore nearby, it is access to the waterfront parks and paved walking paths that make Oakville a truly exceptional place to live!

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3D Street View Tour

Map showing 40 Old Mill Road  901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada.

Property Location

40 Old Mill Road 901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada., Oakville Ontario

Local Weather & Climate

Oakville, Ontario

Current Conditions Updated recently
29 °F
Overcast clouds
Feels Like 20°F
Humidity 91%
Wind 10 mph
Visibility 6.2 mi
Sunrise 12:05 PM
Sunset 10:59 PM
5-Day Forecast
Mon 23 Feb
Clouds
High 29°
Low 24°
Tue 24 Feb
Clouds
High 24°
Low 7°
Wed 25 Feb
Snow
High 34°
Low 25°
Thu 26 Feb
Clouds
High 28°
Low 20°
Fri 27 Feb
Snow
High 31°
Low 13°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Oakville?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Oakville. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $50,587,300 20% down ($10,117,460)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$4,347
$4,347/day
Your home may appreciate while you sleep
$30,512/week $132,220/mo $1,586,639/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$27.8M
vs
OWN 📈 +$39.5M
$39.5M Potential Equity
vs $27.8M lost to rent over 10 years
$10.1M Down Payment Growth
3.9x
10yr
$39.5M
8.1x
20yr
$81.8M
12.6x
30yr
$127.8M
Wealth Comparison
×304
Equivalent to 304 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $127.8M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $59.6M +18%
Market $68.9M +36%
Optimistic $79.5M +57%
$39.5M est. equity
20 Years
Conservative $70.2M +39%
Market $93.8M +85%
Optimistic $124.9M +147%
$81.8M est. equity
30 Years
Conservative $82.6M +63%
Market $127.8M +153%
Optimistic $196.3M +288%
$127.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at 40 Old Mill Road 901, Oakville, ON L6J 7W2, Oakville, Ontario, Canada features 2 bedrooms with 995 square feet of living space.
This property offers 995 square feet of living space.
This property is listed at $50,587,300, which equals $50842 per square foot.
Based on current market indicators, Oakville shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Oakville, Ontario. The property is situated in an established neighborhood with convenient access to local amenities and services.
Michela Mantle

Michela Mantle

Sotheby's International Realty Canada

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