216-123 Maurice Drive, Oakville, ON

Central, Oakville · MLS® W13729542

$1,499,990
For Sale
Just listed today
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2Bedrooms
3Bathrooms
2Garage
1400-1599Sq Ft

About this home

Experience luxury living in South Oakville with this stunning 2-bedroom plus den model suite at The Berkshire Residences, now move-in ready. Offering 1,500 square feet of beautifully designed space, this suite features soaring 10-foot ceilings, a spacious laundry room, and premium brushed oak hardwood flooring throughout. The modern kitchen is a chef's dream, complete with soft-close cabinetry, a large island with a waterfall edge, quartz countertops and matching backsplash, and a full 6-piece stainless steel appliance package. Additional upgrades include extended-height kitchen cabinets, upgraded vanities and tiles in all bathrooms, and a sleek Napoleon Entice Series electric fireplace with a contemporary stone surround. Enjoy the comfort of heated flooring in the bathrooms and the sophisticated, townhouse-style feel of the layout. Two parking spaces and a storage locker are also included, offering added convenience in this upscale residence. Condo fees approximate. The Berkshire Residences combines striking architecture with modern elegance, making this suite a perfect place to call home.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13729542
Bedrooms
2
Bathrooms
3 (1 half)
Size
1400-1599
Cross streets
Lakeshore/Maurice
Parking
2 garage (surface)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Roof
Asphalt Shingle
Maintenance
$1,515/mo
Exposure
West
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

Living RoomFlat4.53 × 4.75 m

pot lights · hardwood floor · w/o to patio

Dining RoomFlat8.80 × 2.99 m

hardwood floor · combined w/dining

BathroomFlat0.00 × 0.00 m

2 Pc Bath

FoyerFlat1.83 × 1.22 m

Walk-In Closet(s)

BathroomFlat0.00 × 0.00 m

4 Pc Bath

DenFlat3.66 × 2.80 m

hardwood floor · large window · w/o to patio

Bedroom 2Flat2.96 × 3.61 m

hardwood floor · large closet

LaundryFlat2.44 × 1.83 m
BathroomFlat0.00 × 0.00 m

4 Pc Bath

KitchenFlat4.53 × 3.41 m

centre island · hardwood floor · quartz counter

BedroomFlat3.91 × 3.61 m

ensuite bath · walk-in closet(s) · w/o to patio

Our TakeTeam Asgarian · Broker
In the wider range
$1.12Mest. value

Listed at $1,499,990, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.

List price
$736KBelow asking range$2.59MAbove asking range

Total price vs nearby homes. Fair value about $1.12M, median of 12 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,000/sqft against an area asking average of $1,002/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 12 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

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 12 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby · asking prices
$2.07Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

214-123 Maurice Drive $1,000/sqft$1.10M703-50 Old Mill Road $1,000/sqft$1.10MPH5-300 Randall Road $1,579/sqft$3.00M402-253 Church Street $1,458/sqft$3.10M

Per square foot, these ask about $1,259/sqft; this home lists at $1,000/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.50MThis home1.10M1.10M3.00M3.10MThis home vs active comparables

Neighbourhood & location

Central, 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.

Nearby neighbourhoods

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

Central
$674K
College Park
$496K
Glen Abbey
$600K
Bronte
$856K
River Oaks
$541K

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
$6,836/mo
$324KIncome needed
4.6×Price ÷ income
$1,578Weekly 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.

74%mortgage
Mortgage $6,836Property tax $937Condo fee $1,515Total carry $9,289

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,469per month

Mortgage amount $1,199,992 · 4.24% over 25 years

$299,998Down payment (20.0%)
$1,199,992Loan before insurance
$0CMHC premium
$8,922Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,469
Property tax
$938
Condo / maintenance fees
$1,515
Heating
$0
Estimated monthly cost
$8,922

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

One-time closing costs

Ontario land transfer tax
$26,475
Estimated closing costs
$26,475

Plus your down payment of $299,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,850/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

$740,795Total interest paid
$1,940,787Total of all payments
Principal $1,199,992 Interest $740,795
YearPrincipalInterestBalance
1$27,726$49,906$1,172,266
2$28,914$48,718$1,143,353
3$30,153$47,479$1,113,200
4$31,445$46,187$1,081,756
5$32,792$44,840$1,048,964
6$34,197$43,434$1,014,767
7$35,662$41,969$979,104
8$37,191$40,441$941,914
9$38,784$38,847$903,130
10$40,446$37,186$862,684
11$42,179$35,452$820,505
12$43,986$33,645$776,518
13$45,871$31,760$730,647
14$47,837$29,795$682,810
15$49,887$27,745$632,924
16$52,024$25,607$580,899
17$54,253$23,378$526,646
18$56,578$21,053$470,068
19$59,002$18,629$411,066
20$61,531$16,101$349,535
21$64,167$13,464$285,368
22$66,917$10,715$218,451
23$69,784$7,847$148,667
24$72,774$4,857$75,893
25$75,893$1,739$0

At the end of your 5-year term

Total paid over the term
$388,157
Principal paid down
$151,028
Interest paid
$237,129
Balance remaining
$1,048,964

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$4,750/mo
$57,000Gross annual rent
1.4%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.

3.8%
Gross yield
− Property tax $10,500− Condo fees $18,177− Insurance $600− Vacancy & upkeep $6,270Net operating income $21,453

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.

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