2389 Nichols Drive, Oakville, ON

$1,499,000
MLS#:W8430526
5 beds
4 baths
2000-2500 sqft
7.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 18, 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 1018 - WC Wedgewood Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 30.87 x 104.53 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Sold firm, waiting for deposit, showing is ok to book.Located in the Quiet, Family Friendly community of Iroquois Ridge North in Oakville!! A Must See, Beautiful, Ready To Move In Home. Aggregate Concrete Driveway, Walkway & Patio. Formal Living & Dining Rm, F/R With Gas Fireplace & Open Concept Kitchen, W/O From Kitchen To Nice Fenced B/Yard, 2nd Flr Laundry, Garden Sprinkler System. Fin. Bsmt, Washroom Shower W/Multiple Shower Heads, Rec Rm W/Laminate Flr, Pot Lights, R/I For 2nd Kitchen, Bdrm.Water softener,Entrance From Garage To House & Basement.monitoring system with 4 cameras and monitoring screen,Security system.Many upgrades:Kitchen renovated in 2017,Quartz Counter Tops,Stainless Steel Appliances(2017),dishwasher(2020),Furnace(2017)A/C(2017)Hot water tank(2017)Most windows replaced(2023),Master bathroom bathtub replaced with shower(2017).Top-ranked schools, Easy Access to Shopping, Hwys, Go Trains & Amenities.

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Property Summary

This detached home located at 2389 Nichols Drive, Oakville is currently for sale and has been available on SousaSells for 768 days. This property is listed at $1,499,000 with an estimated mortgage of $4,990* per month. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. 2389 Nichols Drive, Oakville is in the 1018 - WC Wedgewood Creek neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 18, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size30.87 × 104.53 Feet
CountyHalton
Annual Tax$6,613.25
Legal DescriptionLot 52 Plan 20M706

Parking & Garage

Parking Total7.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Softener

Security Features

Community Features

Location

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2389 Nichols 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 2389 Nichols Drive, Oakville, ON L6H 6T1

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$449,700 (30.0%)
* Minimum Canadian down payment required for this price is $299,800.
Amortization Period30 Years
Estimated Monthly Payment$4,990Based on a loan of $1,049,300 over 30 years.
Purchase Price$1,499,000
Loan Amount$1,049,300
Provincial Land Transfer Tax:$26,455
Total Estimated Closing Taxes:$26,455

About Purchasing a Home in Oakville, ON

For a property listed at $1,499,000 in Oakville, the legal minimum down payment is $299,800 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 $26,455 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 $26,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1018 - WC Wedgewood Creek, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,575,596

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

St Marguerite d'Youville
Public1359 Bayshire Drive, Oakville, Ontario, L6H 6C7
8.5
Post's Corners
Public2220 Caldwell Drive, Oakville, Ontario, L6H 6B5
7.7
Holy Family
Public1420 Grosvenor Street, Oakville, Ontario, L6H 2X8
3.9
St Matthew's
PublicMatthew Street, Oakville, Ontario, L6H 2R9
8.6
St Andrew
Public145 Millbank Drive, Oakville, Ontario, L6H 6G3
7.7

Secondary Schools

Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3
Holy Trinity
Public2420 Sixth Line, Oakville, Ontario, L6H 5Z8
7.1
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8

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.