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    40 Old Mill Road

    Oakridge Heights III Condos
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    Highlights

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    113
    Condo Completion:
    2005
    Condo Demand:
    Medium
    Unit Size Range:
    542 - 3,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Sauna
    Party Room
    Indoor Pool
    Gym
    Bike Storage
    Concierge
    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 40 Old Mill RoadOakridge Heights III Condos

    Oakridge Heights III Condos was completed in 2005 by United Lands Corporation. While some buyers associate high maintenance fees with older buildings, maintenance fees at 40 Old Mill Road are only $0.76 per-square-foot. These Old Oakville condos for sale offer floor plans that are more spacious than most modern condos; there are 113 suites in this 12-storey residence, and units range from 542 square feet to 3000 square feet.

    Maintenance fees are $0.76 per-square-foot, which is lower than the neighbourhood average of $0.80 per-square-foot.

    The Suites

    On average, units at 40 Old Mill Road sell -4.65% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $647 and units sell with 49 days on market on average. Over the past 12 months, 7 have sold and 8 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Ranee's Roti, The Boot Social Pizzeria and Vili's Pizza & Shawarma And Wings are all within 14 minutes walking distance from 40 Old Mill Road. Old Oakville has plenty to offer coffee enthusiasts, with great cafes like Vereda Central Coffee Roasters, Kerr Street Cafe and The Sweetest Thing.

    Grocery shopping is never a chore with stores such as Metro in the area.

    Planning for your future is easy with CIBC Branch with ATM and Scotiabank in the area.

    Residents at this condo are also just a short drive away from green spaces such as Forster Park, Navy Flats Park and Wallace Park.

    Enhance your personal style while living in the Old Oakville neighbourhood by visiting Oakville Commons and Olde Oakville Market Place.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Greening's Custom Framing & Art Gallery Inc, Galactic Glass Gallery Smoke Shop and Oakville Galleries less than a 3-minute drive away will give you a lift. Film.Ca Cinemas is just a simple 16-minute walk from the building, ideal for movie junkies.

    Oakridge Heights III Condos is a short drive away from New Central Public School, giving you plenty of choice for your child’s education. Old Oakville is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending OAKVILLE LEARNING CENTRE and Gary Allan High School. And you’ll have peace of mind they’re nearby!

    Transportation

    Transit users will need to trek a bit to Uptown Core Terminal, the nearest light transit stop.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 50 Old Mill Road, 60 Old Mill Road and 55 Speers Road.

    Heat
    Included
    Water
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included

    Listing History for Oakridge Heights III Condos

    Oct, 2025
    40 Old Mill Rd, unit 103 for sale
    Unit 103
    Oct 31, 202556 days on strata
    TerminatedListed for $2,298,0003 bd | 4 ba | 3,000 sqft | 2 pkg
    40 Old Mill Rd, unit PH2 for sale
    Unit PH2
    Oct 21, 202561 days on strata
    Sold for $560,000Listed for $578,0001 bd + 1 | 1 ba | 820 sqft | 2 pkg
    Receive listing updates for Old Oakville

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    Explore Old Oakville

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    Unknown
    Transit
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.



    Days on Strata

    Units at Oakridge Heights III Condos spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Old Oakville

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 39 condos in the Old Oakville area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    Oakridge Heights III Condos offers the
    ?
    best value out of 39 condos in the Old Oakville neighbourhood

    Appreciation Rank

    Oakridge Heights III Condos has the
    ?
    highest ROI out of 39 condos in the Old Oakville neighbourhood

    Rental Yield

    Oakridge Heights III Condos yields the
    ?
    highest rent prices out of 39 condos in the Old Oakville neighbourhood

    High Demand

    Oakridge Heights III Condos is the
    ?
    most popular building out of 39 condos in the Old Oakville neighbourhood

    Market Insights

    Transaction Insights at Oakridge Heights III Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$517,000$560,000$610,000 - $955,000$950,000No Data
    Avg. Cost Per Sqft$743$704$672$666No Data
    Avg. Wait for Unit Availability397 Days257 Days166 Days229 Days262 Days
    Ratio of Units in Building9%15%42%24%7%

    Market Inventory

    Total number of units listed and sold in Old Oakville