1142 Old Oak Drive, Oakville, ON

$2,349,900
MLS#:W9367631
5 beds
5 baths
2500-3000 sqft
6.0 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 $2,349,900 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.

  • 5 Bedrooms and 5 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 30.16 x 132.32 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Built-In Oven, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Gorgeous family home with resort-like backyard in desirable West Oak Trails. This 5 Bedroom, 5 Bathroom home has been immaculately maintained and offers modern upgrades throughout including beautiful hardwood flooring, California Shutters and many additions to the professionally landscaped backyard. Featuring a welcoming foyer with high ceilings, separate family room, dining room, living room, bright and airy chefs kitchen with high-end stainless steel appliances, large island, quartz countertops, and walkout to a newly extended large deck with hot tub; and the backyard beyond. On this level are also a powder room and laundry with built-in cabinetry. On the upper level are a luxurious primary suite with walk-in closet and 5-piece spa-like en-suite with jetted bathtub and towel warmer, second bedroom with it's very own en-suite; two more good-sized bedrooms and a shared 3-piece bath. In the fully finished basement are a rec room, another bedroom and 3-piece bath. The beautiful backyard offers a heated in-ground pool, built-in Napoleon BBQ, cabana with bar, fridge and freezer, and comfortable seating area; all offering tremendous opportunities for both outdoor entertaining and relaxation. Great location close to parks, trails, Glen Abbey Golf Course, great schools, shopping and easy access to highways and GO. A rare opportunity to make this very special home your own. Don't miss out!

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Property Summary

This detached home located at 1142 Old Oak Drive, Oakville is currently for sale and has been available on SousaSells for 659 days. This property is listed at $2,349,900 with an estimated mortgage of $7,822* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 1142 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
5
Bathrooms
5
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 16, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size30.16 × 132.32 Feet
CountyHalton
Annual Tax$9,255.37
Legal DescriptionPCL 11-1, SEC 20M570 ; LT 11, PL 20M570 TOWN OF OAKVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Built-In Oven, Central Vacuum, Water Heater Owned

Security Features

Community Features

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Location

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1142 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 1142 Old Oak Drive, Oakville, ON L6M 3K7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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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$704,970 (30.0%)
* Minimum Canadian down payment required for this price is $469,980.
Amortization Period30 Years
Estimated Monthly Payment$7,822Based on a loan of $1,644,930 over 30 years.
Purchase Price$2,349,900
Loan Amount$1,644,930
Provincial Land Transfer Tax:$45,223
Total Estimated Closing Taxes:$45,223

About Purchasing a Home in Oakville, ON

For a property listed at $2,349,900 in Oakville, the legal minimum down payment is $469,980 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 $45,223 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 $45,223.

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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.