1038 Old Oak Drive, Oakville, ON

$1,789,000
MLS#:W9360583
4 beds
3 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1022 - WT West Oak Trails. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,789,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 40.03 x 109.91 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This home is exceptional! Located on a very desirable and family-friendly street in West Oak Trails, steps from picturesque ravine trails on the banks of Sixteen Mile Creek. This impeccably updated 4-bedroom home offers a harmonious blend of elegance & comfort, with spacious living areas that are perfect for both entertaining & daily life. Beautiful landscaping captivates you from the curb & the backyard offers a private retreat, boasting a large deck, mature shade trees, & vibrant perennial gardens. Inside, the home boasts hardwood floors on 2-levels, crown mouldings, wainscotting, pot lights, custom built-ins, 2 gas fireplaces, & 2 renovated bathrooms, exuding sophistication throughout. The living & dining room, with hardwood floors, pot lights, crown mouldings, large windows with California shutters, creates an ideal ambiance for formal entertaining. Enjoy the renovated kitchen, with its extensive cabinetry, granite counters, custom island with a breakfast bar, stainless steel appliances, & a walkout to the outdoor living space. The adjoining family room with a gas fireplace offers a cozy spot to unwind. The upper level comprises 4 spacious bedrooms & 2 full bathrooms, including the tranquill primary suite with a renovated spa-like 5-piece ensuite bathroom. Designed by Ashley Trapman, featured in Toronto Stars New Homes section. The professionally finished basement offers versatile space for recreation & relaxation, featuring custom cabinetry, a gas fireplace, a media center, a games area, & wet bar. Located steps from parks, trails, & top-rated schools, & minutes from Glen Abbey. Act fast!

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Property Summary

This detached home located at 1038 Old Oak Drive, Oakville is currently for sale and has been available on SousaSells for 664 days. This property is listed at $1,789,000 with an estimated mortgage of $5,955* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 1038 Old Oak Drive, Oakville is in the 1022 - WT West Oak Trails neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date9/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
Lot Size40.03 × 109.91 Feet
CountyHalton
Annual Tax$5,897
Legal DescriptionPCL 150-1, SEC 20M570 ; LT 150, PL 20M570 , S/T H543863 ; OAKVILLE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, Hospital, Level, Park, Rec./Commun.Centre, School

Interior Features

Other

Security Features

Community Features

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Location

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1038 Old Oak Drive, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1038 Old Oak Drive, Oakville, ON L6M 3K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

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Interest Rate4.00%
Down Payment$536,700 (30.0%)
* Minimum Canadian down payment required for this price is $357,800.
Amortization Period30 Years
Estimated Monthly Payment$5,955Based on a loan of $1,252,300 over 30 years.
Purchase Price$1,789,000
Loan Amount$1,252,300
Provincial Land Transfer Tax:$32,255
Total Estimated Closing Taxes:$32,255

About Purchasing a Home in Oakville, ON

For a property listed at $1,789,000 in Oakville, the legal minimum down payment is $357,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,255 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $32,255.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1022 - WT West Oak Trails, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,364,139

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

West Oak
Public2071 Fourth Line, Oakville, Ontario, L6M 3K1
6.6
Emily Carr
Public2255 Pine Glen Road, Oakville, Ontario, L6M 0G5
7.1
Heritage Glen
Public1641 Heritage Way, Oakville, Ontario, L6M 2Z4
8.1
Forest Trail
PublicForest Trail Place, Oakville, Ontario, L6M 2G3
10.0
Our Lady of Peace
Public391 River Glen Boulevard, Oakville, Ontario, L6H 5X5
7.8

Secondary Schools

St. Ignatius of Loyola
Catholic1550 Nottinghill Gate, Oakville, Ontario, L6M 1X7
8.1
Abbey Park
Public1455 Glen Abbey Gate, Oakville, Ontario, L6M 2G5
9.3
Garth Webb
Public2820 Westoak Trails Boulevard, Oakville, Ontario, L6M 4W2
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.