$769,000
For sale: Apartment

Eighteen floors up at Rain Condos, the lake is the first thing you see each morning. Suite 1804 (LPH04) is a lower penthouse corner suite with Lake Ontario views from every side and the Toronto skyline across the water. Morning light pours through floor to ceiling windows that wrap the corner and fills the open living and dining area. Take your coffee out to the large balcony and watch the water change colour. The suite offers 1,179 square feet of bright, open space facing southeast, with two bedrooms and two full bathrooms. The full sized kitchen comes with every appliance, so dinner for friends is easy. The primary bedroom fits a king bed with room to spare and has two closets. Sink into the full tub in the five piece bath, or step into the separate shower. The second bedroom, with its large window and large closet, works as a guest room, an office or both. Ensuite laundry, carpet free floors and all window coverings are included. Everything is done. Just move in. A 24 hour concierge greets you downstairs. Swim in the indoor pool in January, unwind in the hot tub and sauna, work out in the fitness centre, and host summer evenings on the rooftop terrace with BBQs. Guest suites, a party room and visitor parking make out of town company easy. Two side by side parking spots sit close to the building entrance, plus a locker. Kerr Village cafes and restaurants are steps away. Oakville GO is a short walk, and downtown Oakville, the waterfront and the QEW are minutes away. Suites with two parking spots rarely come to market. Book a showing and see the view for yourself.
Sold data
Apartment homes in Oakville took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 60, across 108 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $529,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 108 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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