Townhome living is perfect for people looking for a single-family home without the hassle of maintenance. They are generally built in a neighbourhood development to provide the feeling of being a part of a community. If you’re thinking of purchasing a townhome in River Oaks, here are a few reasons why it’s a good idea to move into one.
The current stats indicate that the average house prices in River Oaks are around $927,619.
A condo can be considered to be a hybrid between a house and an apartment and is a property that the owner purchases and owns. They often share common areas with other units such as pools and fitness centres. However, if you’re thinking of buying a property in an urban area but are unsure whether a condo can offer a better deal or a townhouse, don’t worry. Here are some benefits you and your family can enjoy when buying a Condo in River Oaks.
The locale was established in the 1980s and is enclosed to the south by Upper Middle Road, to the north by Dundas Road, to the east by Trafalgar road and to the west by 16 Mile Creek. It is filled with old townhouses and brick homes built during the 1990s and early 2000s along with apartment buildings and condominiums.
A majority of buildings in River Oaks are suburban detached homes and townhomes. There are many walking and hiking trails for families to enjoy together. It also consists of plenty of parks and green spaces to ensure new families don’t feel like they’re missing out.
River Oaks is popular among young families and professionals for its recreation friendly environment along with preschool and daycare options for working parents. It has access to a 4-pad hockey arena which has recently opened up at the Sixteen Mile Sports Complex.
Residents have access to all the major highways, and Uptown Core makes local transportation easy with Oakville Transit station.
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If you’re looking for old townhouses or condominiums, get in touch with us. Our experts can help you choose a home in many ways.
No, generally real estate agents only receive commissions from home sellers. Agents representing home buyers get paid by the brokers listing the property.
The general rule of thumb is that you should have a FICO score of 620 or above to qualify for a property loan.
By presenting earnest money, you demonstrate to the seller that you’re serious about purchasing the property. This typically ranges from 1%-2% of the final selling price of the home. This money is held in an escrow account till you close the deal. The money is applied to the down payment if the deal goes through. However, if for some reason the deal falls through, you get the money back. Remember, if you’re the one who pulled out of the deal, there’s a chance you may not get it back.
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