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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Oakville
  • 1005 - FA Falgarwood
  • 1532 Lancaster Drive
1532-lancaster-drive-oakville-ontario-w12403282
1532-lancaster-drive-oakville-ontario-w12403282
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  • Sold Sold in Sep 2025
  • Condo Townhouse

42 - 1532 Lancaster Drive

Oakville, 1005 - FA Falgarwood
  • 3 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 675,000
Listed Price: $ 679,900
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Room Details of 42 - 1532 Lancaster Drive, Oakville

FloorBedroomsBathrooms
Basement * 1
Second 3 1

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Key Facts About 42 - 1532 Lancaster Drive, Oakville

  • Tax $2,930 / 2025
  • Property Type Condo
  • Building Type Condo Townhouse
  • Building Style 2-Storey
  • Maintenance Fees $475
  • Building Age 31-50
  • Size 1000 - 1199 feet²
  • Parking 1 garage, 2 parking
  • Basement Finished
  • Listing # W12403282
  • Data Source PROPTX
  • Days on Market 10
  • Listed On 15/09/2025
  • Updated On 27/09/2025
  • Market Demand
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Description

Welcome to 1532 Lancaster Drive, Unit 42. This charming townhome offers low maintenance living and an affordable entry into the Oakville market, with plenty of space to grow your family. Ideally located in a desirable family friendly neighbourhood, you'll be close to reputable schools, parks, the Oakville GO Station, and all amenities. Freshly painted throughout and featuring updated laminate flooring, the open-concept main floor showcases pot lights, California shutters, and a bright, inviting layout. Upstairs, you'll find three bedrooms, incl

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Property Details of 42 - 1532 Lancaster Drive, Oakville

Property

  • Property Type Condo Townhouse
  • Style 2-Storey
  • Community 1005 - FA Falgarwood
  • Municipality Oakville

Inside

  • Bedrooms 3
  • Bathrooms 2
  • Bathroom Details 1, 4pc Second
  • Bathroom Details 1, 2pc Basement
  • Basement Finished
  • Kitchen 1
  • Rooms 6
  • Family Rooms N
  • Central Vac Y
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1000 - 1199 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Brick, Vinyl Siding
  • Amenities Visitor Parking
  • Building Age 31-50

Parking

  • Drive Way Private
  • Garage Type Attached
  • Garage 1
  • Parking Places 2
  • Total Parking Places 3

Land

  • Zoning RM1
  • Cross Street Eighth Line

Features

  • Fenced Yard Y
  • School Y
  • Public Transit Y
  • Park Y

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Our Estimate

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Estimated Rent

$ 3,549

Rental Yield

5.46%

School Score

8.7/10

Rental Score

5/5

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Rooms

Living Room (3.6X5.2 metre)
Level: Main
Kitchen (2.31X2.84 metre)
Level: Main
Dining Room (2.31X2.33 metre)
Level: Main
Primary Bedroom (3.65X4.19 metre)
Level: Second
Bedroom (2.87X3.86 metre)
Level: Second
Bedroom (2.97X3.78 metre)
Level: Second
Bathroom
Level: Second
Bathroom
Level: Basement
Recreation (8.68X5.91 metre)
Level: Basement
Utility Room (2.38X3.42 metre)
Level: Basement

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,044

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $475
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 42 - 1532 Lancaster Drive, Oakville

Welcome to the charming townhouse for sale in Oakville , located at 1532 Lancaster Drive, Oakville. This delightful condo townhouse presents an excellent opportunity for those seeking low-maintenance living while entering the competitive Oakville property market. Nestled in the highly sought-after community of 1005 - FA Falgarwood, this home is ideally situated within a family-friendly neighbourhood, providing easy access to reputable schools, local parks, the Oakville GO Station, and a variety of amenities that cater to everyday needs.

As you approach the property at 1532 Lancaster Drive, Oakville, you will notice its attractive exterior, constructed from a combination of brick and vinyl siding, which not only enhances its aesthetic appeal but also ensures durability. The townhouse is designed in a two-storey style, offering ample living space for families. Upon entering, you are greeted by an open-concept main floor that has been freshly painted throughout, creating a bright and inviting atmosphere. The updated laminate flooring adds a modern touch, while pot lights and California shutters contribute to the home's contemporary feel.

The main floor is designed for both functionality and comfort, featuring a well-appointed kitchen that serves as the heart of the home. Although there is no additional kitchen, the main kitchen is perfectly suited for family meals and entertaining guests. The total of six rooms, including three spacious bedrooms, ensures that there is plenty of room for everyone. The townhouse for sale in Oakville offers a versatile layout that is ideal for growing families.

Venturing upstairs, you will find three well-proportioned bedrooms, including a primary suite that boasts a generous walk-in closet. This space is perfect for those who appreciate a touch of luxury in their everyday life. The upper level also features a four-piece washroom, providing convenience for family members and guests alike.

The finished basement of this townhouse for sale in Oakville extends your living space, offering a versatile recreation room that can be used for various purposes, such as a playroom, home office, or entertainment area. The laminate flooring continues into this space, maintaining the cohesive design throughout the home. Additionally, the basement includes a convenient two-piece washroom, enhancing the functionality of the property.

Stepping outside, the private fenced backyard presents a quaint, low-maintenance area, perfect for entertaining or simply unwinding after a long day. This outdoor space is an ideal retreat for families, providing a safe environment for children to play or for hosting gatherings with friends. The private driveway at 1532 Lancaster Drive, Oakville, accommodates parking for two cars, while the attached garage offers an additional parking space, ensuring that you and your guests have ample room.

One of the many advantages of this townhouse for sale in Oakville is the monthly condo fee, which covers essential services such as water, building insurance, common elements, and exterior maintenance. This includes the convenience of backyard grass cutting and snow removal, making for truly easy living.

With an age range of 31-50 years, this property has stood the test of time, offering both character and modern amenities. The central air conditioning ensures comfort during the warmer months, while the forced air heating system provides warmth during the colder seasons. Although there is no pool or fireplace, the features of this home more than compensate, providing a comfortable and inviting environment for you and your family.

In summary, 1532 Lancaster Drive, Oakville, is a fantastic townhouse for sale in Oakville that offers an excellent blend of space, comfort, and convenience. With its prime location, modern updates, and low-maintenance lifestyle, this property is perfect for families looking to settle in a vibrant community. Don’t miss the opportunity to make this lovely townhouse your new home.

FA Falgarwood is a charming and serene neighbourhood nestled within the vibrant town of Oakville, Ontario. This area is characterised by its lush greenery, well-maintained parks, and tree-lined streets, creating a picturesque setting for families and individuals alike. The community boasts a mix of spacious homes, ranging from bungalows to contemporary two-storey houses, often set on generous lots that provide ample outdoor space. Residents enjoy easy access to local amenities, including shopping centres, schools, and recreational facilities, all while being just a short drive from the stunning shores of Lake Ontario. With its welcoming atmosphere and strong sense of community, FA Falgarwood offers a perfect blend of suburban tranquillity and urban convenience, making it an ideal place to call home.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it a great choice for families. The closest school is Sheridan Public School, just 0.2 km away, offering elementary education from JK to grade 5 under the Halton District School Board. A short distance of 0.4 km brings you to Holy Family Catholic Elementary School, which serves grades JK to 8 and has a solid rating of 5.5. For those seeking a more extensive elementary experience, Falgarwood Public School, located 0.7 km away, caters to grades JK to 8 and boasts a commendable rating of 5.6. Secondary education options include Iroquois Ridge High School, just 1.0 km away, recognized for its excellent performance with a rating of 9.2. Additionally, Munn's Public School offers a French immersion program for grades 2 to 8, located 2.2 km from the property, also rated highly at 9.2. For Catholic secondary education, Holy Trinity Catholic Secondary School is 2.7 km away, rated 7.9. With a variety of public and Catholic schools nearby, this location provides excellent educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 756 residents, with an average household size of 2.8 individuals. The demographic profile indicates a relatively young community, with an average age of 37.8 years. Economic indicators are strong, as the average household income is approximately $140,000, and only 2.4% of the population is classified as low-income. The average property price in the area is $745,000, reflecting a robust real estate market. Notably, 40.83% of the population is single, while a significant 54.55% of households include children, suggesting a family-friendly environment. The community is diverse, with 38.37% of residents being immigrants, contributing to a rich cultural fabric. Additionally, the housing landscape is predominantly composed of condominiums, which make up 83.64% of the properties, while only 10.91% of residents are renters. Educational attainment is high, with 59.09% of the population holding a college or university degree. However, a notable portion, 23.31%, is not in the labor force, indicating potential opportunities for economic engagement. Overall, this area presents a vibrant and affluent community with a strong emphasis on family and education.

FAQs About 42 - 1532 Lancaster Drive, Oakville

How many bathrooms does this property have?

This property features 2 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Condo Townhouse property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Townhouse property?

The total square footage of this Condo Townhouse 3 bed property in Oakville is 1000 - 1199.

How many parking spaces are available with this property?

1532 Lancaster Drive boasts 2 convenient parking spaces.

How many cars can be parked in the garage of 1532 Lancaster Drive?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Attached garage with space for 1 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $475.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 42 - 1532 Lancaster Drive, Oakville

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Listing History

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