Townhouse Complex · Falgarwood, Oakville
1538 Lancaster Drive Townhouses1538 Lancaster Drive, Oakville, ON
Established three-bedroom townhomes in Falgarwood, Oakville
The townhouses at 1538 Lancaster Drive, in central Oakville's Falgarwood neighbourhood, have three bedrooms each and suit families on a tighter budget. Holton Heights Park and Litchfield Park are both about 900 metres away, Laurelwood Park and Algrove Park are nearby, and a Metro supermarket and banks are a quick drive at Eighth Line.
- Year Built
- 1979
- Home Sizes
- 1,000–1,199 ft²
No homes for sale at 1538 Lancaster Drive right now
No homes currently available.
About 1538 Lancaster Drive Townhouses
Completed in 1979, the community has homes from 1,000 to 1,199 sq ft.
1538 Lancaster Drive is a townhome community completed in 1979, in Oakville's Falgarwood neighbourhood. It's a quiet, settled part of central Oakville.
Every home on Lancaster Drive has three bedrooms, with 1,000 to 1,199 square feet of space. The complex is an option for families on a tighter budget who still want an Oakville address.
Falgarwood is known for its tree canopy. Falgarwood Park, the community pool and local trails are close. Four neighbourhood parks are within about a kilometre. The plaza at Eighth Line and Upper Middle has a large Metro, banks, pharmacies and casual restaurants. Families on Lancaster Drive should confirm which elementary and high schools serve the street.
Drivers get onto the QEW or Highway 403 in minutes, and the Oakville train station is about ten minutes south.
Since these homes date from 1979, the reserve fund study is worth a close look before you buy.
2006 Glenada Crescent is a similar complex close by, and 1270 Gainsborough Drive offers larger homes nearby. Local sales are in the Falgarwood market report. More homes are listed on Oakville townhouses for sale.
Home Types in This Community
| Home Type | Size |
|---|---|
| 3 Bed | — |
Falgarwood Neighbourhood
1538 Lancaster Drive Townhouses is located in Falgarwood, Oakville.
See what's nearby -- schools, parks, shopping and transit -- in the map below.
Explore the Falgarwood neighbourhood guideWhat’s Nearby
Nearby Schools
Elementary
- Sheridan Public School174 m · 2 min walk
Halton DSB — JK-5
- Holy Family Catholic Elementary School364 m · 5 min walk
Halton CDSB — JK-8
- Falgarwood Public School735 m · 9 min walk
Halton DSB — JK-8
- St. Marguerite d'Youville Catholic Elementary School1.4 km · 18 min walk
Halton CDSB — JK-8
- Post's Corners Public School1.9 km · 24 min walk
Halton DSB — JK-8
- Joshua Creek Public School2.0 km · 25 min walk
Halton DSB — JK-8
- St. Michael Catholic Elementary School2.0 km · 25 min walk
Halton CDSB — JK-8
Secondary
- Iroquois Ridge High School1.0 km · 13 min walk
Halton DSB — 9-12
School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.
Nearby Amenities
Park
- Holton Heights Park895 m
- Litchfield Park945 m
- Laurelwood Park977 m
- Algrove Park1.0 km
Pet Store
- Wag-a-Way1.3 km
Restaurant
- Monaghan's Sports Pub & Grill1.2 km
- Punjabi Flavours1.2 km
- Shelby's1.3 km
1538 Lancaster Drive Townhouses Market Snapshot
Live snapshot of this community's own listings -- rentals not included
Bedrooms
There aren’t enough recent sales to report on 1538 Lancaster Drive Townhouses specifically — see the Falgarwood market report for the broader area.
1538 Lancaster Drive Townhouses by the numbers
vs Falgarwood and Oakville
| Metric | 1538 Lancaster Drive Townhouses Live snapshot · sold last 24mo | Falgarwood 2026-10-01 · sold last 24mo | Oakville 2026-10-01 · sold last 24mo |
|---|---|---|---|
| Active Listings | 0 | 4 | 64 |
| Median Asking Price | — | $614.9K | $699.5K |
| Avg. Days on Market | — | 31 | 33 |
| Sold (24mo) | 1 | 45 | 396 |
| Median Sold Price | — | $650K | $730.8K |
| Median $/sqft (Sold) | — | $492 | $593 |
| Sale-to-List Ratio | — | 97% | 97% |
| Months of Inventory | — | 1.2 mo | 4.0 mo |
Closed Sales — Last 24 Months
Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.
Frequently Asked Questions
Where is 1538 Lancaster Drive Townhouses located?
This townhome community is located at 1538 Lancaster Drive in the Falgarwood neighbourhood of Oakville, Ontario.
What year was the townhouse complex built?
The 1538 Lancaster Drive Townhouses community was built in 1979.
What unit types and sizes are available here?
The homes in this community are three-bedroom layouts, ranging in size from approximately 1,000 to 1,199 square feet.
Is 1538 Lancaster Drive Townhouses convenient for commuters?
Yes, drivers have quick access to the QEW and Highway 403, and the Oakville GO station on the Lakeshore West line is just a short drive away for transit access to Toronto.
What schools serve the local area?
Young residents can attend Falgarwood Public School (JK–8), which feeds into Iroquois Ridge High School, with several local Catholic school catchments also nearby.
Where do residents of 1538 Lancaster Drive do their shopping?
Local shopping is anchored by the Upper Oakville Shopping Centre at Eighth Line and Upper Middle Road, which hosts a flagship Metro grocery store, pharmacies, banks, and casual dining options.
Similar & Nearby Townhouse Complexes
Other townhouse complexes in this pocket of Falgarwood with homes on the market right now.

View Community
1270 Gainsborough Drive
1270 Gainsborough Drive
$680k - $950k · Median $815k
Maintenance Fees: $448–$491/mo
Community Features: 95 homes · Built 1972

View Community
1066 Falgarwood Drive Townhouses
1066 Falgarwood Drive
$500k - $500k
Maintenance Fees: $947/mo · Home Sizes: 1,400–1,799 ft²
Community Features: 3 storeys · Built 1975
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Miko Nalepa
Realtor® at The Condo Bar Real Estate · RECO #4737024
Realtor® with Right At Home Realty, Brokerage, covering condos and townhouses in Mississauga, Oakville, Burlington and Milton. More about Miko Nalepa
Building details are approximate and may change. Confirm fees, sizes and availability with the condo corporation before you buy.