121 SOUTH FORSTER PARK Drive, Oakville, ON

$1,289,900
MLS#:W10433443
3 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 21, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of 1002 - CO Central. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,289,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 83 x 124 ft lot
  • Features a partially finished, partial basement 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: None
  • equipped with central air central cooling and highly efficient forced air heating

Description

Centrally located, 121 South Forster Park Drive presents a unique opportunity in a highly desirable South Oakville community. Backing onto South Forster Park, this centrally located side-split home boasts over 1,900 square feet of total living space, providing a solid foundation for a renovation project. Alternatively, the generous 7,800-square-foot, treed lot offers significant potential for new construction, with the RL4-0 zoning allowing for over 3,000 square feet of gross floor area and up to 35% lot coverage. An ideal location within the West River neighbourhood, surrounded by multi-million dollar homes. With South Forster Park in your backyard, and Kerr Village and Downtown Oakville just minutes away, this vibrant neighborhood offers countless amenities, including newly built community centers, convenient access to GO Transit, and proximity to the QEW. Please note that this property is being sold “as-is,” providing a blank canvas, whether looking to renovate the existing home or build a new one.

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Property Summary

This detached home located at 121 SOUTH FORSTER PARK Drive, Oakville is currently for sale and has been available on SousaSells for 667 days. This property is listed at $1,289,900 with an estimated mortgage of $4,294* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 121 SOUTH FORSTER PARK Drive, Oakville is in the 1002 - CO Central neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionStone, Brick
BasementPartially Finished, Partial Basement
Lot Size83 × 124
CountyHalton
Annual Tax$5,634
Legal DescriptionLT 9, PL 776 ; OAKVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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121 SOUTH FORSTER PARK 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 121 SOUTH FORSTER PARK Drive, Oakville, ON L6K 1Y6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$386,970 (30.0%)
* Minimum Canadian down payment required for this price is $257,980.
Amortization Period30 Years
Estimated Monthly Payment$4,294Based on a loan of $902,930 over 30 years.
Purchase Price$1,289,900
Loan Amount$902,930
Provincial Land Transfer Tax:$22,273
Total Estimated Closing Taxes:$22,273

About Purchasing a Home in Oakville, ON

For a property listed at $1,289,900 in Oakville, the legal minimum down payment is $257,980 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 $22,273 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 $22,273.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1002 - CO Central, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,799,864

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

Sainte-Marie
Public336 Maurice Drive, Oakville, Ontario, L6K 2X3
7.9
St James
Public255, Oakville, Ontario, L6K 2S2
6.7
W H Morden
Public180 Morden Road, Oakville, Ontario, L6K 2S3
8.5
Pine Grove
Public529 Fourth Line, Oakville, Ontario, L6L 5A8
7.9
New Central
Public133 Balsam Drive, Ennisclare Park, Oakville, Ontario, L6J 3X4
9.6

Secondary Schools

St. Thomas Aquinas
Catholic124 Dorval Drive, Oakville, Ontario, L6K 2W1
8.2
Thomas A Blakelock
Public1160 Rebecca Street, Oakville, Ontario, L6L 1Y9
8.1
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3

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.