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For Sale

1552 Lancaster Drive 56 #56

1005 - FA Falgarwood, Oakville, ON
$789,000
3Bd
3Ba
1,300+sqft
2Parking
$607/sqft
Condo TownMLS# W13160992Listed 2026-05-2268 DOM
Cooling
Central Air

On the market for 68 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to 56-1552 Lancaster Drive - a beautifully maintained townhouse nestled in one of Oakville's most desirable family-friendly communities, Iroquois Ridge South. This inviting home offers the perfect blend of comfort, convenience, and value, making it an ideal choice for first-time buyers, young families, downsizers, or investors. Featuring a spacious and functional layout with 3 bedrooms and 3 bathrooms, this home is designed for everyday living and effortless entertaining. The bright main floor flows seamlessly into an updated kitchen, while the finished basement adds valuable extra living space perfect for a recreation room, home office, gym, or guest area. Bright, spacious living/dining area, and a recently renovated laundry room, garage, and backyard. Upgrades include a new electrical panel, updated light fixtures throughout, and a security camera system for added peace of mind. The location is truly exceptional - steps to parks, schools, shopping, transit, and everyday amenities. Nearby grocery stores, restaurants, and community conveniences make daily errands simple and convenient.

GarageRenovated

Rooms

Second Floor
Primary Bedroom3.55 × 4.13 m
Bedroom2.92 × 3.87 m
Bedroom2.60 × 3.88 m
Basement
Recreation5.75 × 2.83 m
Other
Living Room3.39 × 5.53 m
Dining Room2.51 × 2.51 m
Kitchen2.39 × 2.96 m

Features

  • In-Law Capability
  • Crawl Space
  • Full
  • Central Air
  • Stacked Townhouse

Financials

Annual Taxes
$2,930

Estimated Rental Income

Entire property$3,200 – $4,200/mo
Rental yield4.9% – 6.4%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Oakville

Days on market68 days
Buyer's MarketSeller's Market

Based on active listings in Oakville. Data updates daily.

Demographics — Oakville

Population
213,759
Avg Household Income
$152,000
Age Distribution
0-19
22%
20-34
16%
35-49
21%
50-64
22%
65+
19%
Ownership
78% own · 22% rent
EnglishMandarinUrduArabicFrench

Our estimate for this home

Priced 32.4% above estimate
Estimated range
$551K$641K
Mid-point $596K · ~$458/sqft
How this listing compares
$551KList · $789K$641K
Low confidence·Based on 8 1005 - fa falgarwood comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$789,000
1552 Lancaster Drive 56, Oakville
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