503-50 Old Mill Rd
Old Oakville, Oakville, Ontario L6J 7W1
- Bedrooms
- 3+1
- Bathrooms
- 4
- Size
- 2,500–2,749sq ft
- Per sq ft
- $684at the range’s middle
- Tax a year
- $7,4462026 tax year
- Built
- 16-30
- Parking
- 22 underground
- Days on market
- Members
The brief
About 503-50 Old Mill Rd
503-50 Old Mill Rd is a 3+1-bedroom, 4-bathroom condo in Old Oakville, Oakville, listed for sale at an asking price of $1,795,000 (MLS® W13845408).
SPECTACULAR !! "One of a Kind" 2630 Sqft Unit, South/West facing Luxury Condo offering Panoramic RAVINE AND SIXTEEN MILE CREEK Views. 3 Spacious Bedrooms (plus one), 4 Baths, extra large Den with w/o Balcony overlooking Wooded Ravine. Private Sauna, Large Family Room w/Elegant Fireplace and Ravine Views. Two Private Balconies overlook Sixteen mile Creek and Wooded Ravine. A Fabulous location in Old Oakville, offers 2 Parking Spots, Double Size Locker, Walk to 'Go" Train, Shops, Restaurants, Downtown Oakville and Lake. Ideal for Couple downsizing or Family in need of a Nanny suite. Gleaming Hardwood Floors , Crown Molding, Elegant Lighting, in a unique 3 building development with security gate, sitting up on a hill overlooking nature.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$6,275/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 89 homes with 4 bedrooms for lease in Oakville right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,446 / 2026
- MLS® number
- W13845408
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 2500-2749 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- Old Oakville
- Municipality
- Oakville
Building
- Size
- 2500-2749 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 4
- Bathroom Details
- 1 × 2pc, 1 × 4pc, 1 × 3pc, 1 × 5pc Flat
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Extras
- FRIDGE, STOVE, B/I DISHWASHER, STACKED W/D, ALL ELECTRIC LIGHT FIXTURES, WINDOW COVERINGS AND BUILT IN CABINETRY.
- Condo maint.
- $1,865
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Family | 5.41 × 5.94 m | hardwood floor, Fireplace, O/Looks Ravine | Main |
| Dining | 3.48 × 4.88 m | hardwood floor, W/O To Balcony, O/Looks Ravine | Main |
| Kitchen | 3.05 × 4.8 m | Ceramic Floor, Ceramic Back Splash, Granite Counter | Main |
| Breakfast | 2.34 × 2.57 m | Ceramic Floor, O/Looks Ravine, Sw View | Main |
| Primary | 3.94 × 5.13 m | 5 Pc Ensuite, W/I Closet, O/Looks Ravine | Main |
| 2nd Br | 3.28 × 4.88 m | Broadloom, W/O To Balcony, O/Looks Ravine | Main |
| 3rd Br | 3.48 × 5.74 m | Broadloom, 3 Pc Ensuite, West View | Main |
| Den | 3.23 × 6.27 m | hardwood floor, B/I Bookcase, O/Looks Ravine | Main |
| Foyer | 4.37 × 7.32 m | hardwood floor, W/I Closet, Crown Moulding | Main |
| Other | 2.6 × 1.5 m | Sauna | Main |
Listing history
Buy/sell history for 503-50 Old Mill Rd, Oakville, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,795,000 | N/A | For Sale | W13845408 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $359,000
- Total mortgage amount
- $1,436,000
- Total interest payment
- $1,021,000
- Total purchase cost
- $2,816,000
- Mortgage payment
- $8,190/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
81%Monthly carrying cost
$10,675- Rent $4,400
- Shortfall $6,275
Rental income opens at $4,400, the median asking rent of 89 comparable homes for lease in Oakville. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $32,375
- Total land transfer tax
- $32,375
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $28,375
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,795,000
- $27,900
- Ontario total
- $32,375
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Old Oakville right now
- For sale now
- 13
- Median asking price
- $1000K
- New in 7 days
- 0
- Price cuts
- 15%
Middle half: $798K to $1.79M
0 in 28 days
2 listings
This home is asking 80% above the median.
See all homes in Old OakvilleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Oakville GO | GO Transit train: Lakeshore West | 450 m |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Oakwood Public SchoolHalton DSB | Public · grades JK–6 | 500 m | 45%Grade 3 average |
| ÉÉC Sainte-Marie-OakvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.1 km | 91%Grade 6 average |
| École élémentaire du ChêneConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 99%Grade 6 average |
| St. Michael Catholic Elementary SchoolHalton CDSB | Catholic · grades JK–8 | 1.6 km | 79%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Thomas Aquinas Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 | 1.8 km | 72%Grade 9 math |
| Gary Allan High School - STEPHalton DSB | Public · grades 9–12 | 2 km | — |
| White Oaks Secondary SchoolHalton DSB | Public · grades 9–12 | 2 km | 81%Grade 9 math |
| École secondaire Gaétan GervaisConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 km | 85%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Old Oakville are shown to signed-in members.