503 Sixteen Mile Drive, Unit Lower, Oakville, ON

$1,999/mo
MLS#:W13706584
2 beds
2 baths
< 700 sqft
1.0 parking
Residential Freehold
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Added:Aug 24, 2026(5 days ago)
Updated:Aug 24, 2026(5 days ago)
Last Checked:6 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Glenorchy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning < 700 sqft
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your new home at 503 Sixteen Miles Dr in Oakville! This spacious and well-appointed 2-bedroom, 1.5 washroom legal basement unit offers comfortable living in a desirable neighborhood near Dundas and Neyagawa.This bright and spacious basement unit features a full kitchen and in-suite laundry, providing convenience and comfort. The separate entrance ensures privacy and convenience for residents. Plus, with approximately 900 sq ft of living space, there's plenty of room to relax and unwind. Located in close proximity to highly rated schools such as Oodenawi Public School, this basement unit is ideal for families. You'll also find Fortinos Grocery Store, banks, medical facilities, and a shopping center just steps away, making errands a breeze.Commuting is convenient with a bus stop (Route 5A) within a 5-minute walk and direct bus routes to Sheridan, Walmart, Oakville GO, and the hospital.Don't miss out on the opportunity to call this basement unit home

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Property Summary

This townhouse located at 503 Sixteen Mile Drive, Oakville is currently for sale and has been available on SousaSells for 5 days. This property is listed at $1,999 with an estimated mortgage of $7* per month. It has 2 beds, 2 bathrooms, and is < 700 square feet. 503 Sixteen Mile Drive, Oakville is in the Glenorchy neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Glenorchy, Oakville.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •< 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 24, 2026 (5 days ago)
UpdatedAug 24, 2026 (5 days ago)
Last Checked6 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementApartment
CountyHalton

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 503 Sixteen Mile Drive, Unit Lower, Oakville, ON

Q.What is the asking price for 503 Sixteen Mile Drive, Unit Lower, Oakville, ON ?

The current listing price for 503 Sixteen Mile Drive, Unit Lower, Oakville, ON in Glenorchy, Oakville is $1,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately < 700 sqft.

Q.What property type and architectural style is 503 Sixteen Mile Drive, Unit Lower, Oakville, ON ?

503 Sixteen Mile Drive, Unit Lower, Oakville, ON is a Att/Row/Townhouse (2-Storey) featuring a Apartment basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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503 Sixteen Mile Drive, Unit Lower, Oakville, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Glenorchy, Oakville

SAFETY RATING9.5 / 10
Low Incident Area
Total Annual Incidents37 incidents / yr
Average Per Month3.1 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (45.0/100k)

Property Security
Low

8 B&E (40.0/100k)

Auto Theft Risk
Low Risk

12 thefts (45.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Halton Regional Police Service (HRPS) Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 503 Sixteen Mile Drive Lower, Oakville, ON L6M 0P6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$600 (30.0%)
* Minimum Canadian down payment required for this price is $100.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,399 over 30 years.
Purchase Price$1,999
Loan Amount$1,399
Provincial Land Transfer Tax:$10
Total Estimated Closing Taxes:$10

About Purchasing a Home in Oakville, ON

For a property listed at $1,999 in Oakville, the legal minimum down payment is $100 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10.

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Glenorchy, Oakville Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Glenorchy, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,244,114

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Best Schools in Glenorchy, Oakville

Elementary Schools

St. Gregory the Great
Catholic138 Sixteen Mile Drive, Oakville, Ontario, L6M 0T7
6.9
St Andrew
Public145 Millbank Drive, Oakville, Ontario, L6H 6G3
7.7
Oodenawi
Public385 Sixteen Mile Drive, Oakville, Ontario, L6M 0Z4
7.2
Post's Corners
Public2220 Caldwell Drive, Oakville, Ontario, L6H 6B5
7.7
Our Lady of Peace
Public391 River Glen Boulevard, Oakville, Ontario, L6H 5X5
7.8

Secondary Schools

Holy Trinity
Public2420 Sixth Line, Oakville, Ontario, L6H 5Z8
7.1
Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8

Glenorchy, Oakville Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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