Sovereign II Condos in Oakville

1240 Marlborough Court, Oakville

Total Units

3

For Sale

0

For Rent

13

Sold

6

Leased

$619K

Avg Price

23

Days (Sale)

38

Days (Lease)

OQ

OVAIS QASSIM

Questions about Sovereign II?

Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
900 - 1,799 SQFT
Property Management:
Green Brick Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$465K

Lowest Sale (12mo)

$425K

Median Maintenance

$1111/mo

Year Built

Sovereign II Market

Updated Aug 10, 2026
Condos
Median sale price
$465K
Median PSF (est.) 2.9%
$489/sqft
Sold last 90 days
1
Active listings
3
Months of inventory
Avg days on market
34
Sale-to-list ratio
96.83%
Absorption rate
0.0%
Market Insights
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-06: 0.0% (4 listings)
Re-entries (past 12 months)
Re-entries: 2 of 11 sold · rate 18.18%
Avg price change: +$132,600 (+24.80%)
Median PSF (est.) vs parent area
Median PSF: $489-11.01% vs community avg ($550)[discount]
Supply vs demand by unit type (90d)
Sample: 3 active listings · 1 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 1 sold · mismatch -100.00%
2br: 2 active / 0 sold · mismatch +66.67%
3br: 1 active / 0 sold · mismatch +33.33%
Concession pattern by unit type (90d)
2br (8 sales)87.50% closed with concessions, avg 3.20% below ask

Market Intelligence

Price per sqft analysis and trends

Sovereign II

Sale PSF

N/A

Lease PSF

N/A

1003 - CP College Park

Sale PSF

$515/sqft

3 sales

Lease PSF

$2.24/sqft/mo

3 leases

Oakville

Sale PSF

$586/sqft

35 sales

Lease PSF

$2.76/sqft/mo

4 leases

Halton

Sale PSF

$577/sqft

105 sales

Lease PSF

$2.41/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Sovereign IIThis Building
/mo
1003 - CP College Park
5152.24/mo33
Oakville
5862.76/mo354
Halton
5772.41/mo1051

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$120/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

Bike Storage
Elevator
Exercise Room
Game Room
Gym
Indoor Pool
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsHeatHydroParkingWater

Building Reviews

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About Sovereign II Condos

Sovereign II is a premier condominium located at 1240 Marlborough Court, Oakville. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 22 units available at Sovereign II, with prices averaging around $619K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Sovereign II stands out in Oakville's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Sovereign II, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: 1003 - CP College Park, Oakville and the Halton area.

Keywords: Sovereign II Oakville Real Estate

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