261 ALBION Avenue, Oakville, ON
Property no longer active
This property was sold on October 28, 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 1011 - MO Morrison. Expertly crafted featuring premium wood and shingle construction, this residence presents an exceptional opportunity offered at $4,795,000 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 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 100.16 x 165.49 ft lot
- Features a finished, full 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: Countertop Range, Water Heater Owned, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled on a tranquil family friendly street in highly desirable South East Oakville this home offers timeless charm and character with enduring quality. Designed by John Wilmott, Architect and custom built by Master Builder Platt Fine Homes (2007). Set on a private 100 x 165 foot professionally landscaped lot with an 18 x 36 foot in-ground salt water pool. This thoughtful design features 4+1 generously sized bedrooms with a true Primary Bedroom Retreat, a Spa Ensuite with Freestanding Soaker Tub, Heated Floor and Double Walk In Closets, 5 Washrooms, Formal Dining Room and Living Room (gas fireplace), expansive Family Room (gas fireplace), Family Sized Eat-in Kitchen overlooking the patio and pool, Main Floor Office, Laundry Room and large Mud Room with access to Oversized Double Car Garage (rough-in for electric vehicle charger). The lower level offers versatility with a Recreation Room, Guest Bedroom, Exercise/Flex Space and Wine Cellar. Sophistication and comfort throughout with feelings of warmth and elegance. Impeccably detailed executive living space featuring premium White Oak Hardwood (Floors & Stairs), Pocket Doors, Custom Millwork, Skylight, Oversized Trim, Cornice Molding, Solid Core Doors, 84 x 62 inch Centre Island with Peribonka Antique Brushed Granite Countertop, multiple Patio Door Walk-outs and oversized lower level windows to maximize natural light. Craftsmanship and seamless continuity is evident in this home. Don't miss the chance to appreciate this exceptional family residence.
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Property Summary
This detached home located at 261 ALBION Avenue, Oakville is currently for sale and has been available on SousaSells for 682 days. This property is listed at $4,795,000 with an estimated mortgage of $15,961* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 261 ALBION Avenue, Oakville is in the 1011 - MO Morrison neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Countertop Range, Water Heater Owned, Central Vacuum
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 261 ALBION Avenue, Oakville, ON L6J 4T4
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 $4,795,000 in Oakville, the legal minimum down payment is $959,000 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 $106,350 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 $106,350.
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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.