40-1016 Falgarwood Drive, Oakville, ON

Falgarwood, Oakville · MLS® W13522752

$441,000
For Sale
Listed 13 days ago
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3Bedrooms
2Bathrooms
0Parking
1200-1399Sq Ft

About this home

Welcome to this bright and spacious 3-storey condo townhouse in Oakville's Trafalgar Woods/Falgarwood neighbourhood. Offering 3 bedrooms, 2 bathrooms, and a practical multi-level layout, this home is ideal for first-time buyers, growing families, or investors. The main level features a large living and dining area with hardwood flooring, a kitchen with centre island, and a convenient powder room. Walk out from the dining area to a private fenced patio with stamped concrete, a great space for relaxing or entertaining. The upper levels offer three sunny bedrooms with closets, a full bathroom, and a separate laundry room. Well located close to parks, ravine trails, schools, transit, shopping, restaurants, Oakville Place, Oakville GO Station, and easy access to the QEW and 403. A great opportunity to own a well-sized condo townhouse in a desirable Oakville community. Furniture and decor are digitally added and not included with the property.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13522752
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
HWY 403 and Eighth Line
Parking
0 parking
Basement
None
Heating
Baseboard
A/C
None
Exterior
Concrete
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$932/mo
Exposure
East
Property tax
$2,061 / 2025
Days on market
13
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomSecond4.00 × 3.46 m
Bedroom 2Third3.27 × 3.12 m
KitchenMain2.69 × 2.38 m
Dining RoomMain2.78 × 1.87 m
Living RoomMain4.20 × 3.30 m
Bedroom 3Third2.80 × 2.50 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$797kavg asking

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

17-2614 Dashwood Drive$800k2386 Munns Avenue$778k1-2222 Marine Drive$1.03M333-349 Wheat Boom Drive$675k10-2614 Dashwood Drive$700k

The 5 closest of 6 active listings nearby.

See all comparable homes
441kThis home800k778k1.03M675k700kThis home vs active comparables
Live market pulseActive comparables in Falgarwood · median list $599K
$339this home / sqft
10active listings nearby
13days on market

25 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

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

65/ 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 80 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.

College Park
$694K
Wedgewood Creek
$959K
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
$2,010/mo
$103KIncome needed
4.3×Price ÷ income
$464Weekly 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.

65%mortgage
Mortgage $2,010Property tax $172Condo fee $932Total carry $3,114

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)
$1,883per month

Mortgage amount $352,800 · 4.14% over 25 years

$88,200Down payment (20.0%)
$352,800Loan before insurance
$0CMHC premium
$2,986Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,883
Property tax
$172
Condo / maintenance fees
$932
Heating
$0
Estimated monthly cost
$2,986

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

One-time closing costs

Ontario land transfer tax
$5,295
Estimated closing costs
$5,295

Plus your down payment of $88,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,287/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

$212,002Total interest paid
$564,802Total of all payments
Principal $352,800 Interest $212,002
YearPrincipalInterestBalance
1$8,265$14,327$344,535
2$8,611$13,981$335,925
3$8,971$13,621$326,954
4$9,346$13,246$317,608
5$9,737$12,855$307,871
6$10,144$12,448$297,727
7$10,569$12,024$287,158
8$11,011$11,581$276,148
9$11,471$11,121$264,676
10$11,951$10,641$252,725
11$12,451$10,141$240,275
12$12,972$9,620$227,303
13$13,514$9,078$213,789
14$14,080$8,513$199,709
15$14,668$7,924$185,041
16$15,282$7,310$169,759
17$15,921$6,671$153,837
18$16,587$6,005$137,250
19$17,281$5,311$119,969
20$18,004$4,588$101,965
21$18,757$3,835$83,209
22$19,541$3,051$63,667
23$20,359$2,233$43,308
24$21,210$1,382$22,098
25$22,098$494$0

At the end of your 5-year term

Total paid over the term
$112,960
Principal paid down
$44,929
Interest paid
$68,031
Balance remaining
$307,871

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
6.8%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.

11.2%
Gross yield
− Property tax $2,061− Condo fees $11,188− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,939

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

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