23 PARK Avenue, Oakville, ON

$9,490,000
MLS#:W10445908
4 beds
4 baths
3500-5000 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on September 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1013 - OO Old Oakville. Expertly crafted featuring premium wood and stone construction, this residence presents an exceptional opportunity offered at $9,490,000 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 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 88 x 221.36 ft lot
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Countertop Range, Other, Bar Fridge
  • equipped with central air central cooling and highly efficient forced air heating

Description

23 Park Avenue. Exceptionally designed custom home on a spectacular 88’ x 221’ lot just steps from Lake Ontario on one of Oakville’s most desirable streets. This meticulously finished residence features the convenience of main floor living with a master suite that ensures comfort and privacy. The home was originally built by Chatsworth Fine Homes and the interior has been completely refinished from top to bottom by Olly + Em with no detail spared. The second floor boasts two spacious bedrooms, a spectacular bathroom as well as relaxing third room used as an additional den with views of Lake Ontario. Downstairs, discover a versatile lower level featuring a home gym, craft room, bedroom and bathroom. This lower level is ideal for entertaining or relaxing with family and friends.Step outside to a newly transformed backyard oasis with a saltwater pool, cabana and putting green. A covered back porch invites al fresco dining and lounging amidst the serene ambiance throughout the seasons. Perfectly located for those who cherish proximity to downtown Oakville, this residence offers unmatched elegance and lifestyle in one of Oakville's most sought-after locations.

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Property Summary

This detached home located at 23 PARK Avenue, Oakville is currently for sale and has been available on SousaSells for 718 days. This property is listed at $9,490,000 with an estimated mortgage of $31,589* per month. It has 4 beds, 4 bathrooms, and is 3500-5000 square feet. 23 PARK Avenue, 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

Bedrooms
4
Bathrooms
4
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood , Stone
BasementFinished, Full
Lot Size88 × 221.36
CountyHalton
Annual Tax$32,424
Legal DescriptionLT 21, PL 105 ; PT LT 20, PL 105 , AS IN 344863 ; PT LANE, PL 105 , PART 16 & 39 , 20R4200 , CLOSED

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Countertop Range, Other, Bar Fridge, Water Heater Owned, Sump Pump, Water Softener

Security Features

Community Features

Location

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23 PARK Avenue, 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 23 PARK Avenue, Oakville, ON L6J 3X9

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$2,847,000 (30.0%)
* Minimum Canadian down payment required for this price is $1,898,000.
Amortization Period30 Years
Estimated Monthly Payment$31,589Based on a loan of $6,643,000 over 30 years.
Purchase Price$9,490,000
Loan Amount$6,643,000
Provincial Land Transfer Tax:$223,725
Total Estimated Closing Taxes:$223,725

About Purchasing a Home in Oakville, ON

For a property listed at $9,490,000 in Oakville, the legal minimum down payment is $1,898,000 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 $223,725 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 $223,725.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1013 - OO Old Oakville, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$3,124,292

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

New Central
Public133 Balsam Drive, Ennisclare Park, Oakville, Ontario, L6J 3X4
9.6
Sainte-Marie
Public336 Maurice Drive, Oakville, Ontario, L6K 2X3
7.9
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4
St James
Public255, Oakville, Ontario, L6K 2S2
6.7
E J James
Public338 Cairncroft Road, Ennisclare Park, Oakville, Ontario, L6J 4M6
9.6

Secondary Schools

St. Thomas Aquinas
Catholic124 Dorval Drive, Oakville, Ontario, L6K 2W1
8.2
Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2
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.