1558 Lancaster Drive, Oakville, ON

$800,000
MLS#:W12721532
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of 1005 - FA Falgarwood. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $800,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Backing onto greenspace and located in a family-friendly enclave within the desirable Falgarwood neighbourhood, this turnkey, 3-bedroom townhome offers a peaceful retreat from the daily grind. The contemporary main level offers an open concept layout with a sleek, remodeled kitchen equipped with a large centre island, quartz countertops and stainless-steel appliances. The living and dining areas flow seamlessly into the upgraded backyard, which is perfect for entertaining. Upstairs is the primary bedroom with walk-in closet, 2 additional bedrooms and a renovated main bathroom. The finished basement offers a rec room with built-in work area and an updated bathroom. No work needed! Step outside to find a vibrant community at your doorstep. Close to schools, including highly rated Iroquois Ridge High School, plenty of dining, grocery stores, and various community amenities nearby, this is an opportunity to make this delightful neighbourhood your home. Functional, stylish, and situated in a premier location - this home is the one you've been waiting for.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMarch 31, 2026
Sold price information is available to members only
Listed Date1/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionOther
BasementFull, Finished
CountyHalton
Annual Tax$2,921.21

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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1558 Lancaster Drive, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1558 Lancaster Drive 66, Oakville, ON L6H 2Z4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

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Interest Rate5.25%
Down Payment$55,000 (6.9%)
* Minimum Canadian down payment required for this price is $55,000.
Amortization Period25 Years
Estimated Monthly Payment$4,440Based on a loan of $745,000 over 25 years.
Purchase Price$800,000
Loan Amount$745,000
Provincial Land Transfer Tax:$12,475
Total Estimated Closing Taxes:$12,475

About Purchasing a Home in Oakville, ON

For a property listed at $800,000 in Oakville, the legal minimum down payment is $55,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,475 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,475.

Nearby Listings

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No current listings found in Oakville.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,584,210

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

Sunningdale
PublicOakville, Ontario, L6H 1T4
8.8
Abbey Lane
Public1160 Old Abbey Lane, Oakville, Ontario, L6M 1S4
7.5
River Oaks
Public2173 Munn's Avenue, Oakville, Ontario, L6H 3S9
6.4
Forest Trail
PublicForest Trail Place, Oakville, Ontario, L6M 2G3
10.0
West Oak
Public2071 Fourth Line, Oakville, Ontario, L6M 3K1
6.6

Secondary Schools

White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
St. Ignatius of Loyola
Catholic1550 Nottinghill Gate, Oakville, Ontario, L6M 1X7
8.1
Holy Trinity
Public2420 Sixth Line, Oakville, Ontario, L6H 5Z8
7.1

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.