38-1532 Lancaster Drive, Oakville, ON
Falgarwood, Oakville · MLS® W13789274
About this home
In short
- An exclusive opportunity in one of Oakville's most established family-friendly communities, this beautifully upgraded 3-bedroom townhouse combines smart design...
- The custom kitchen is a true showpiece, thoughtfully designed with generous counter space, abundant cabinetry, stainless steel appliances and excellent storage...
- An extra-wide custom patio door with built-in covering leads to the private rear deck, while the finished lower level adds valuable living space with a custom 3-piece...
- Upstairs features an upgraded deep soaker tub, and additional improvements include A/C 2026, windows and front door 2025, main-floor flooring 2023, central vacuum...
- 7 minutes away, QEW/403 approx.
An exclusive opportunity in one of Oakville's most established family-friendly communities, this beautifully upgraded 3-bedroom townhouse combines smart design, impressive functionality and low maintenance fees. The custom kitchen is a true showpiece, thoughtfully designed with generous counter space, abundant cabinetry, stainless steel appliances and excellent storage, opening seamlessly to the bright living and dining areas enhanced by extensive pot lights. An extra-wide custom patio door with built-in covering leads to the private rear deck, while the finished lower level adds valuable living space with a custom 3-piece bathroom and thoughtfully designed laundry area. Upstairs features an upgraded deep soaker tub, and additional improvements include A/C 2026, windows and front door 2025, main-floor flooring 2023, central vacuum, new garage door, insulated garage with ample storage, plug-in for an EV charger and a longer-than-average driveway. The home backs onto green space, sits on an extra-wide road and faces detached homes, creating a more open and desirable setting. Ideally located near excellent public and Catholic schools, highly regarded Iroquois Ridge High School, parks, trails, sports facilities, Iroquois Ridge Community Centre, Sheridan Collage ,shopping and restaurants. Transit is directly across the road, Oakville GO approx. 7 minutes away, QEW/403 approx. 5 minutes, with convenient access to Highways 407 and 401. A turnkey Oakville home offering style, space, privacy and outstanding commuter convenience.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W13789274
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1000-1199 sq ft
- Cross streets
- Eighth Line and Upper Middle Road
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Maintenance
- $475/mo
- Exposure
- South
- Property tax
- $2,987 / 2026
- Days on market
- 30
- Listing brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Rooms
Laminate
Laminate
tile floor · stainless steel appl · quartz counter
combined w/dining · pot lights · hardwood floor
vinyl floor · 3 pc bath
combined w/living · pot lights · hardwood floor
laminate · walk-in closet(s)
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price read
Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market.
Per square foot, these ask about $552/sqft; this home lists at $673/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Oakville: $900K in September 2026, up 1% from a year ago, on 208 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Oakville as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $675K | 22 |
| November 2025 | $653K | 13 |
| December 2025 | $755K | 16 |
| January 2026 | $563K | 9 |
| February 2026 | $800K | 13 |
| March 2026 | $735K | 19 |
| April 2026 | $730K | 21 |
| May 2026 | $739K | 24 |
| June 2026 | $747K | 22 |
| July 2026 | $600K | 19 |
| August 2026 | $588K | 17 |
| September 2026 | $900K | 13 |
Neighbourhood & location
Falgarwood, Oakville, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $591,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,273
- Property tax
- $249
- Condo / maintenance fees
- $475
- Heating
- $0
- Estimated monthly cost
- $3,997
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,273
- Estimated closing costs
- $11,273
Plus your down payment of $147,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $196,370
- Principal paid down
- $72,322
- Interest paid
- $124,048
- Balance remaining
- $519,598
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE CERTIFIED REALTY. MLS®/PropTx.