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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 5 days ago

    Unit 72 — 1556 Lancaster Drive

    Falgarwood·Oakville, ON·L6H 2Z4·Near Lancaster Dr. & Lincoln Gate

    • 3 beds
    Oakville real estate›W13484516
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Backing onto mature treed greenspace in Falgarwood, this fully updated 3-bedroom townhouse is move-in ready and a strong fit for first-time buyers entering the Oakville market or downsizers who want quality finishes without the upkeep of a detached home. Falgarwood is one of Oakville's established northeast communities, known for its mature tree canopy and quiet, family-friendly streets.The open-concept main floor features smooth ceilings, crown moulding, pot lights, new vinyl flooring throughout, new baseboards, and fresh neutral paint. The living and dining area overlooks a partially fenced backyard with a stone patio and peaceful green views, a rare find at this price point.The updated kitchen pairs timeless design with everyday function: professionally refinished cabinetry, new quartz countertops, a new subway tile backsplash, an undermount stainless steel sink, and stainless steel appliances. Upstairs, three spacious bedrooms share a renovated 4-piece main bathroom, and the primary bedroom includes a walk-in closet. A new oak staircase with metal spindle railing and new broadloom on the upper and lower stairs add to the polished finish.The finished basement extends the living space with new LED lighting and a renovated 2-piece bathroom, ready to serve as a recreation room, home office, or guest space. Complete with one garage space and one driveway space, this home is steps to parks and trails and minutes to Oakville Place, Metro, restaurants, and the QEW for commuting east or west. A genuine opportunity to own a turn-key home in one of Oakville's most established neighbourhoods.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 24, 2026ListedCurrentFor sale$729,999 —W13484516This page
    Apr 22, 2026Previously listedTer$760,000 —W13031528View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      None
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 72 — 1556 Lancaster Drive
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,586
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $244
    0.40% mill rate · ON
    The market

    How this home sits in the Oakville market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Oakville market right now

    Average sold price, days on market, and closed-transaction count for Oakville — sourced from MLS®.

    • Avg sold price
      $1,552,400
      Last 30 days
    • Median sold price
      $1,357,500
      Middle of the market
    • Days on market
      31 d
      Avg from list to close
    • Closed last 30d
      825
      MLS® transactions
    Full Oakville market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 72 — 1556 Lancaster Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 72 — 1556 Lancaster Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 72 — 1556 Lancaster Drive listed for?

      Unit 72 — 1556 Lancaster Drive is listed at $729,999 on the MLS® (listing W13484516). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 72 — 1556 Lancaster Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1000-1199 sqft
  3. Condo Townhouse
  4. Asking
    $729,999
    $0 / sqft · MLS® W13484516
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,552,400
    $1,428,208Confidence range$1,676,592
    Asking vs estimate
    ↓below
    −$822,401
    (-53.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Oakville sell in about 31 days — this one has been listed 5 days.

    Avg sold price
    $1,552,400
    Median sold
    $1,357,500
    Avg days on market
    31
    Recently sold
    825
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Upstairs, three spacious bedrooms share a renovated 4-piece main bathroom, and the primary bedroom includes a walk-in closet.
    • Complete with one garage space and one driveway space, this home is steps to parks and trails and minutes to Oakville Place, Metro, restaurants, and the QEW for commuting east or west.
    • A genuine opportunity to own a turn-key home in one of Oakville's most established neighbourhoods.
    Ask Zara a follow-up

    Parking & garage

    4
    Garage
    Built-In
    Garage spaces
    1
    Parking spaces
    2
    Driveway
    1
  6. Interior

    4
    Basement
    Finished
    Family room
    N
    Kitchens
    1
    Total rooms
    6
  7. Exterior & construction

    3
    Exterior
    Aluminum Siding, Brick
    Patio
    None
    Balcony
    None
  8. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Condo Townhouse
  9. Room-by-room · 7 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Ground level

    3 rooms
    • Living Room
      vinyl floor · walk-out
      18.0 × 10.9 ft
    • Dining Room
      vinyl floor · window
      9.8 × 7.7 ft
    • Kitchen
      vinyl floor · stainless steel appl · quartz counter
      7.8 × 7.6 ft

    Second level

    3 rooms
    • Primary Bedroom
      vinyl floor · walk-in closet(s) · window
      13.5 × 12.3 ft
    • Bedroom
      vinyl floor · window · closet
      12.9 × 10.0 ft
    • Bedroom
      vinyl floor · window · closet
      12.4 × 8.9 ft

    Basement level

    1 room
    • Recreation
      vinyl floor · 2 pc bath
      17.1 × 13.7 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $475
    per month
    Maintenance fee includes
    • Water
    • Parking
    Building details
    • Unit72
    • Storeys (building)1
    • ExposureNorth East
    • LockerNone
    • Pet policyYes-with Restrictions
    • Ensuite laundryN
    • Condo corpHCP
    • Corp #91
    • Property managerWilson Blanchard Management
    Combined estimate
    $3,830
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,586
    /mo
    based on the purchase price of $729,999
    $146,000 cash
    $583,999 financed
    $491,880 total interest
    Monthly payment$3,586/ month
    Principal54%$583,999
    Interest46%$491,880

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo townhouses that just sold in Oakville

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2272 Mowat Avenue
      Sold
      Sign in for price
      2272 Mowat Avenue
      Condo Townhouse
    • 2441 Greenwich Drive
      Sold
      Sign in for price
      2441 Greenwich Drive
      Condo Townhouse
    • 1270 Gainsborough Drive
      Sold
      Sign in for price
      1270 Gainsborough Drive
      Condo Townhouse
    • 1520 Sixth Line
      Sold
      Sign in for price
      1520 Sixth Line
      Condo Townhouse
    • 2420 Baronwood Drive
      Sold
      Sign in for price
      2420 Baronwood Drive
      Condo Townhouse
    • 233 Duskywing Way
      Sold
      Sign in for price
      233 Duskywing Way
      Condo Townhouse
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 72 — 1556 Lancaster DriveThis home3 / 210,001,199$729,999ask———
    2272 Mowat Avenue3 / 21,400—
    2441 Greenwich Drive2 / 21,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo townhouses in Oakville

    Active listings within ±20% of this asking price.

    • 2097 Marine Drive
      $769,900
      2097 Marine Drive
      Condo Townhouse 3 4
    • 51 Hays Boulevard
      $619,000
      51 Hays Boulevard
      Condo Townhouse 2 2
    • 2388 Khalsa Gate
      $609,999
      2388 Khalsa Gate
      Condo Townhouse 2 2
    • 2370 Khalsa Gate
      $609,000
      2370 Khalsa Gate
      Condo Townhouse 2 2
    • 2441 Greenwich Drive
      $599,999
      2441 Greenwich Drive
      Condo Townhouse 2 2
    • 3020 Trailside Drive
      $779,800
      3020 Trailside Drive
      Condo Townhouse 2 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  10. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  11. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  12. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  13. Public listing courtesy of EXP REALTY · displayed on Summitly per MLS® data-share rules

    Unit 72 — 1556 Lancaster Drive is a 3-bedroom, 2-bath, 1000-1199 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  14. When was Unit 72 — 1556 Lancaster Drive built?

    The year built for Unit 72 — 1556 Lancaster Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  15. What is the property tax for Unit 72 — 1556 Lancaster Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 72 — 1556 Lancaster Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  16. How much would the monthly mortgage be on Unit 72 — 1556 Lancaster Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $729,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  17. Has Unit 72 — 1556 Lancaster Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 72 — 1556 Lancaster Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  18. What neighbourhood is Unit 72 — 1556 Lancaster Drive in?

    Unit 72 — 1556 Lancaster Drive is in Falgarwood, Oakville. The 'Neighbourhood' section below links to the live Oakville real estate hub with average sold price, days on market, and current inventory.

  19. Is Oakville a good place to live?

    Oakville is one of ON's actively-tracked Summitly markets. The full Oakville real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  20. 1270 Gainsborough Drive
    3 / 3
    1,000
    —
    1520 Sixth Line3 / 31,000—
    2420 Baronwood Drive2 / 21,000—
    233 Duskywing Way3 / 41,400—