30-1518 Sixth Line, Oakville, ON

College Park, Oakville · MLS® W13492284

$550,000
For Sale
Listed 21 days ago
3Bedrooms
2Bathrooms
1Garage · 2 parking
1000-1199Sq Ft

About this home

Calling investors, contractors and renovators. A three bedroom/two washroom townhouse in original condition, ready for a complete top-to-bottom transformation. The fundamentals are solid, with 1,188 square feet over two storey's, a finished lower level with recreation room, laundry room and bathroom. Two car parking (One-car garage plus a second driveway space) with visitor parking. Priced to reflect the TLC required, this is a rare chance to create real equity in one of Oakville's most convenient pockets. Location is the story here. The home sits in the established College Park community with Sheridan College just minutes away and anchors steady rental demand from students and staff, while nearby Oakville Trafalgar Memorial Hospital, a transit stop is right at the door at Sixth Line and Upper Middle Road, and Oakville GO is within reach for commuters to Toronto. Quick access to the QEW, 403 and 407 rounds out the connectivity. The catchment appeals to families and tenants alike, with Munn's, Sunningdale, Montclair and White Oaks schools close by along with French Immersion options. Oakville Park, Nipegon Trail and Sunningdale Park are a short walk away. Oakville Place shopping, and restaurants sit minutes from the door. Bring your contractor and your vision and make it your own.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13492284
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Sixth Line & Upper Middle Rd
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$580/mo
Exposure
West
Property tax
$2,646 / 2026
Days on market
21
Listing brokerage
RE/MAX REALTY ENTERPRISES INC.

Rooms

BathroomBasement1.54 × 1.28 m
Living RoomMain6.42 × 5.26 m

Combined w/Dining

KitchenMain3.13 × 3.06 m
Bedroom 2Second4.21 × 2.60 m
Dining RoomMain6.42 × 5.26 m

Combined w/Living

Primary BedroomSecond4.64 × 3.14 m

Semi Ensuite

Bedroom 3Second3.19 × 2.57 m
LaundryBasement3.26 × 1.93 m
RecreationBasement6.19 × 3.54 m
BathroomSecond2.44 × 2.02 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$685Kest. value

Listed at $550,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in College Park, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $626K, a close match.

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 $599K
  • Adjusts to $599K

That comparable adjusts to $599K; the $685K estimate above is the median of all 5 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. Sixth Line + Upper Middle Rd is about a 1-minute walk away.

List price
$550KGreat deal$699KOverpriced

Total price vs nearby homes. Fair value about $685K, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$622kavg asking

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

119-1538 Lancaster Drive$599k116-1538 Lancaster Drive$685k24-61 Sarah Lane$729k66 Worthington Drive$599k37-1016 Falgarwood Drive$499k

The 5 closest of 7 active listings nearby.

See all comparable homes
550kThis home599k685k729k599k499kThis home vs active comparables
Live market pulseActive comparables in Oakville · median list $629K
$500this home / sqft
58active listings nearby
21days on market

This home lists 18% below the area average of $609/sqft.

17 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

College Park, 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

69/ 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: Sixth Line + Upper Middle Rd, about 68 m away

20+ transit stops2 grocery20+ dining20+ parks4 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.

River Oaks
$589K
Falgarwood
$580K
Glenorchy
$830K
Wedgewood Creek
$959K
Westmount
$606K

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
$2,507/mo
$117KIncome needed
4.7×Price ÷ income
$578Weekly 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.

76%mortgage
Mortgage $2,507Property tax $221Condo fee $580Total carry $3,307

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)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,149Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$221
Condo / maintenance fees
$580
Heating
$0
Estimated monthly cost
$3,149

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

One-time closing costs

Ontario land transfer tax
$7,475
Estimated closing costs
$7,475

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/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

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

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$3,400/mo
$40,800Gross annual rent
4.7%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.

7.4%
Gross yield
− Property tax $2,646− Condo fees $6,960− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,106

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY ENTERPRISES INC.. MLS®/PropTx.

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