74-1556 Lancaster Drive, Oakville, ON
Falgarwood, Oakville · MLS® W14034288
About this home
In short
- Welcome to a charming condo townhome in highly sought-after Falgarwood.
- Upstairs, you will find 3 spacious bedrooms and a full 4-piece bathroom.
- Updates include, new furnace / ac 2024, garage door 2023, windows 2008, Perfect for families, first-time buyers, or downsizers, this home is nestled in a quiet...
Welcome to a charming condo townhome in highly sought-after Falgarwood! This home offers a rare opportunity to own in one of Oakville's most desirable neighborhoods . The main floor features a bright kitchen, a combined living and dining area, and sliding patio doors that open to a private, beautifully treed backyard ideal for relaxing or entertaining. Upstairs, you will find 3 spacious bedrooms and a full 4-piece bathroom. The finished lower level includes a versatile rec room, a convenient two-piece bathroom, and a utility/laundry area. Updates include, new furnace / ac 2024, garage door 2023, windows 2008, Perfect for families, first-time buyers, or downsizers, this home is nestled in a quiet, family-friendly community close to parks, top-rated schools, shopping, and transit.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W14034288
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- Grosvenor
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Maintenance
- $475/mo
- Exposure
- South
- Property tax
- $2,987 / 2026
- Days on market
- 1
- Listing brokerage
- Halton Heritage Realty Inc.
Rooms
2 Pc Bath
4 Pc Bath
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 $610/sqft; this home lists at $500/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 $439,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,432
- Property tax
- $249
- Condo / maintenance fees
- $475
- Heating
- $0
- Estimated monthly cost
- $3,156
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,473
- Estimated closing costs
- $7,473
Plus your down payment of $109,980. 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
- $145,944
- Principal paid down
- $53,750
- Interest paid
- $92,193
- Balance remaining
- $386,170
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 Halton Heritage Realty Inc.. MLS®/PropTx.