112-1050 Falgarwood Drive, Oakville, ON

Falgarwood, Oakville · MLS® W13008236

$468,888
For Sale
Listed 92 days ago
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Bright and spacious condo townhome offering a functional layout with three bedrooms and one and a half baths. The open living and dining area extends to a private terrace, ideal for outdoor relaxation and entertaining. Set within a well-maintained community with underground parking and family-friendly amenities, this home offers excellent access to transit, shopping, and everyday conveniences. An ideal opportunity for first-time buyers or investors seeking value in a desirable Oakville location.

Key facts

Property type
Condo Townhouse, Multi-Level
MLS®
W13008236
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Falgarwood / Gainsborough
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
None
Exterior
Stucco (Plaster)
Maintenance
$932/mo
Exposure
South West
Property tax
$2,028 / 2025
Days on market
92
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Living RoomMain5.92 × 3.81 m
KitchenMain2.49 × 2.44 m
Primary BedroomSecond4.39 × 3.23 m
Bedroom 2Third3.43 × 2.46 m
LaundryThird2.46 × 0.99 m
Bedroom 3Third3.43 × 2.46 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$485Kest. value

Listed at $468,888, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $480K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $441K
  • Adjusts to $441K

That comparable adjusts to $441K; the $485K estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Falgarwood + 8th Line is about a 1-minute walk away.

List price
$433KGreat deal$760KOverpriced

Total price vs nearby homes. Fair value about $485K, median of 10 comparables.

Comparable listingsCurrently listed nearby in Falgarwood · asking prices
$537kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

40-1016 Falgarwood Drive$441k154-1066 Falgarwood Drive$460k119-1538 Lancaster Drive$599k37-1016 Falgarwood Drive$499k116-1538 Lancaster Drive$685k

The 5 closest of 8 active listings nearby.

See all comparable homes
469kThis home441k460k599k499k685kThis home vs active comparables
Live market pulseActive comparables in Falgarwood · median list $599K
$361this home / sqft
10active listings nearby
92days on market

55 days longer than the Oakville average (37 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Falgarwood, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

58/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Falgarwood + 8th Line, about 111 m away

20+ transit stops3 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wedgewood Creek
$959K
College Park
$694K
River Oaks
$589K
Glenorchy
$830K
Bronte
$857K

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,137/mo
$108KIncome needed
4.4×Price ÷ income
$493Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

66%mortgage
Mortgage $2,137Property tax $169Condo fee $932Total carry $3,238

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,002per month

Mortgage amount $375,110 · 4.14% over 25 years

$93,778Down payment (20.0%)
$375,110Loan before insurance
$0CMHC premium
$3,103Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,002
Property tax
$169
Condo / maintenance fees
$932
Heating
$0
Estimated monthly cost
$3,103

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,853
Estimated closing costs
$5,853

Plus your down payment of $93,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,431/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$225,408Total interest paid
$600,518Total of all payments
Principal $375,110 Interest $225,408
YearPrincipalInterestBalance
1$8,788$15,233$366,323
2$9,155$14,866$357,168
3$9,538$14,483$347,630
4$9,937$14,084$337,693
5$10,353$13,668$327,340
6$10,786$13,235$316,554
7$11,237$12,784$305,317
8$11,707$12,314$293,611
9$12,197$11,824$281,414
10$12,707$11,314$268,707
11$13,238$10,783$255,469
12$13,792$10,229$241,677
13$14,369$9,652$227,308
14$14,970$9,051$212,338
15$15,596$8,425$196,742
16$16,248$7,772$180,494
17$16,928$7,093$163,566
18$17,636$6,385$145,930
19$18,374$5,647$127,556
20$19,142$4,878$108,414
21$19,943$4,078$88,470
22$20,777$3,243$67,693
23$21,646$2,374$46,047
24$22,552$1,469$23,495
25$23,495$526$0

At the end of your 5-year term

Total paid over the term
$120,104
Principal paid down
$47,770
Interest paid
$72,333
Balance remaining
$327,340

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
6.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

10.5%
Gross yield
− Property tax $2,028− Condo fees $11,184− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,976

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.

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