142 Balsam Drive, Oakville, ON
Property no longer active
This property was sold on September 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 1013 - OO Old Oakville. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $3,199,000 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 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 100 x 152 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: Built-In Oven, Countertop Range, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Situated on one of Oakvilles most coveted and iconic streets, 142 Balsam Drive presents a truly exceptional opportunity. This premium 100 x 152 lot is surrounded by a mature tree canopy that offers both stunning visual appeal and a natural sense of privacy from neighboring properties. Lovingly maintained by the same family since 1950, the existing 1.5 storey home offers timeless charm and endless potential. With 4 bedrooms and 2 bathrooms, the layout includes a main-floor principal bedroom and a full 4-piece bathroom, providing convenient single-level living. Whether you're looking to renovate and personalize the existing home or build your dream custom estate, this property is a rare blank canvas. With RL1-0 zoning, and no significant tree constraints, making this an ideal lot for new construction in a prestigious location. Just a short stroll to the heart of Downtown Oakville, you'll enjoy close proximity to the area's finest dining, boutique shopping, charming cafés, and the scenic waterfront trails of Lake Ontario. Families will appreciate the proximity to some of Oakvilles top-rated schools, including St. Mildreds-Lightbourn School, Linbrook School, MacLachlan College, and New Central Public School. This is more than just a property its an address that carries prestige and potential. Start planning your vision today and come explore this incredible offering on one of Oakvilles most distinguished streets.
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Property Summary
This detached home located at 142 Balsam Drive, Oakville is currently for sale and has been available on SousaSells for 456 days. This property is listed at $3,199,000 with an estimated mortgage of $10,648* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 142 Balsam Drive, Oakville is in the 1013 - OO Old Oakville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Park, Place Of Worship, Public Transit
Interior Features
Built-In Oven, Countertop Range, Primary Bedroom - Main Floor
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Community Features
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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 142 Balsam Drive, Oakville, ON L6J 3X5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $3,199,000 in Oakville, the legal minimum down payment is $639,800 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 $66,450 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 $66,450.
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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.