2488 Bridge Road, Oakville, ON

$1,499,000
MLS#:W9018357
4 beds
3 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 14, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 1020 - WO West. Expertly crafted featuring premium aluminum siding and 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 55.71 x 133.5 ft lot size
  • Features a full, partially 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: Other
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Excellent Opportunity In Oakville's Coveted Neighbourhood! This Property Boasts A Generous Lot Size of 55.71ft by 133.50ft -- A Builder's And Renovator's Dream. Perfectly Situated Within Walking Distance of Charming Bronte Village. Nature Enthusiasts Will Revel In The Nearby Glen Allen Park, Petro Canada Park, And Bronte Creek. Enjoy The Convenience Of Easy Access To The Highway and GO Train, Making Commuting A Breeze. Seize This Golden Opportunity To Craft Your Dream Home In This Prime Location.

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Property Summary

This detached home located at 2488 Bridge Road, Oakville is currently for sale and has been available on SousaSells for 739 days. This property is listed at $1,499,000 with an estimated mortgage of $4,990* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 2488 Bridge Road, Oakville is in the 1020 - WO West neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionAluminum Siding, Brick
BasementFull, Partially Finished
Lot Size55.71 × 133.5 Feet
CountyHalton
Annual Tax$5,771
Legal DescriptionPCL 110-1, SEC M38 ; LT 110, PL M38 ; S/T H7382 OAKVILLE

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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2488 Bridge Road, 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 2488 Bridge Road, Oakville, ON L6L 2H2

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$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 1020 - WO West, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$2,222,324

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

Brookdale
Public1195 Bridge Road, Oakville, Ontario, L6L 2C3
6.5
Patricia-Picknell
Public1257 Sedgewick Crescent, Oakville, Ontario, L6L 1X6
8.8
Pine Grove
Public529 Fourth Line, Oakville, Ontario, L6L 5A8
7.9
Gladys Speers
Public2150 Samway Road, Bronte, Oakville, Ontario, L6L 2P6
7.7
W H Morden
Public180 Morden Road, Oakville, Ontario, L6K 2S3
8.5

Secondary Schools

Thomas A Blakelock
Public1160 Rebecca Street, Oakville, Ontario, L6L 1Y9
8.1
St. Thomas Aquinas
Catholic124 Dorval Drive, Oakville, Ontario, L6K 2W1
8.2

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.