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Home · Buy · Oakville · 1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 116, Oakville, ON L6H 2Z3+ 24 photos
For Sale · Condo Townhouse

1538 Lancaster Drive 116, Oakville, ON L6H 2Z3

Oakville · 1005 - FA Falgarwood
2-StoreyFinished basementAttached garageSouth exposure
▶ Virtual Tour
3
Beds
2
Baths
2
Parking
1000-1199
Sq ft
31-50 yrs
Built
The honest picture
List price
$685,000
★ Renavu Estimate
$693,000
▼ 1% below our estimate
What they're asking vs what we value it at — with the area benchmark for context.
Benchmark $720,000
Typical low · $684,000Typical high · $756,000
List price Renavu Estimate Benchmark Typical range
Renavu Estimate is our data-driven opinion of value, blended from 6 recent comparable sales (TRREB) and the area benchmark — not an appraisal. The benchmark is the typical price for townhouse homes in Oakville (TRREB HPI, June 2026), a market reference — not this home's exact value.

About this home

Welcome to this sun-drenched 3-bedroom, 2-bathroom condo townhouse, where comfort meets effortless living. The main floor shines with modern pot lights and a spacious layout perfect for hosting. Retreat upstairs to three bright bedrooms featuring laminate flooring. A standout feature is the finished basement, complete with a rare 3-piece bathroom. Step outside to your private outdoor nook or explore the incredible neighborhood, rich with parks, ravines, and scenic trails. Situated just minutes from the Oakville GO Station, shopping, and dining, this home offers the ultimate low-maintenance lifestyle in a prime location. Nestled in the heart of Oakville's coveted Falgarwood community, this elegant 3-bedroom, 2-bathroom condo townhouse perfectly balances modern comfort with suburban tranquility. The main floor features a sprawling living area designed for both quiet evenings and effortless entertaining. Upstairs, three sun-drenched bedrooms offer a serene retreat, complemented by a pristine full bathroom. The home's versatility shines in the finished basement, which boasts a spacious rec room and a rare, additional 3-piece bath. Step outside to a private outdoor space brimming with potential. Located just minutes from the Oakville GO Station, premium dining, and lush ravine trails, this home offers a seamless, low-maintenance lifestyle in a nature-rich neighborhood.

Property details

Listed on
March 10, 2026
Days on market
142 days
Property tax
$2,896 (2025)
Style
2-Storey
Heating
Forced Air
Cooling
Central Air
MLS®
W12867790

Full details

Parking
GarageAttached
Total parking2

Room dimensions

RoomLevelDimensionsFeatures
FoyerMain1.7 × 3.45—
Living RoomMain3.37 × 5.6—
Dining RoomMain2.36 × 2.83—
KitchenMain2.37 × 2.77—
Primary BedroomSecond3.72 × 4.17—
Bedroom 2Second3.52 × 3.94—
Bedroom 3Second2.63 × 3.78—
BathroomSecond2.66 × 1.564 Pc Bath
RecreationBasement5.74 × 9.15—
BathroomBasement0.83 × 2.41—

Property & sold history

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See this home's sale & listing history

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
This price requires at least 6.4% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$10,175
Legal · title · inspection$2,800
Closing costs$12,975
Down payment$137,000
Total cash to close$149,975
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$685,000
MLS® W12867790 · Listed by CMI REAL ESTATE INC.
▶ Virtual Tour
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of CMI REAL ESTATE INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated June 11, 2026.

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Comparables

Homes near 1538 Lancaster Drive 116, Oakville, ON L6H 2Z3
1538 Lancaster Drive 119, Oakville, ON L6H 2Z3For sale: $599,000
3 bed2 bath2 parking
1000–1199 sq ft0 km
Condo Townhouse
1538 Lancaster Drive 119, Oakville, ON L6H 2Z3
1016 Falgarwood Drive 37, Oakville, ON L6H 2P5For sale: $499,000
3 bed1 bath (-1)1 parking (-1)
1200–1399 sq ft1.4 km
Condo Townhouse
1016 Falgarwood Drive 37, Oakville, ON L6H 2P5
1066 FALGARWOOD Drive 165, Oakville, ON L6H 2P3For sale: $590,000
4 bed (+1)3 bath (+1)1 parking (-1)
0–499 sq ft1.3 km
Condo Townhouse
1066 FALGARWOOD Drive 165, Oakville, ON L6H 2P3
530 Falgarwood Drive 21, Oakville, ON L6H 1N3For sale: $598,000
3 bed3 bath (+1)1 parking (-1)
1600–1799 sq ft1.4 km
Condo Townhouse
530 Falgarwood Drive 21, Oakville, ON L6H 1N3
1552 Lancaster Drive 56, Oakville, ON L6H 2Z4For sale: $789,000
3 bed3 bath (+1)2 parking
1200–1399 sq ft0.1 km
Condo Townhouse
1552 Lancaster Drive 56, Oakville, ON L6H 2Z4
1016 Falgarwood Drive 40, Oakville, ON L6H 2P5For sale: $441,000
3 bed2 bath0 parking (-2)
1200–1399 sq ft1.4 km
Condo Townhouse
1016 Falgarwood Drive 40, Oakville, ON L6H 2P5
1050 Falgarwood Drive 112, Oakville, ON L6H 2P3For sale: $439,000
3 bed2 bath1 parking (-1)
1200–1399 sq ft1.3 km
Condo Townhouse
1050 Falgarwood Drive 112, Oakville, ON L6H 2P3
530 Falgarwood Drive 27, Oakville, ON L6H 1N3For sale: $609,900
3 bed3 bath (+1)2 parking
1600–1799 sq ft1.4 km
Condo Townhouse
530 Falgarwood Drive 27, Oakville, ON L6H 1N3
Neighbourhood market

The 1005 - FA Falgarwood market

How homes are selling here right now — sold data for July 2026.

Median sold · 1005 - FA Falgarwood
$942,500
▲ 34.6% year over year
Homes sold · this month
8
22 days on market avg
Sold vs asking
98.9%
under asking — room to negotiate
Condo Townhouse median · Oakville
$600,000
See the full Oakville market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.