298 River Side Drive, Oakville, ON

$2,799,000
MLS#:W11992304
4 beds
4 baths
3000-3500 sqft
7.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on March 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungaloft detached located in the coveted neighborhood of 1002 - CO Central. Expertly crafted featuring premium cedar and aluminum siding construction, this residence presents an exceptional opportunity offered at $2,799,000 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 3000-3500 sqft on a premium 60 x 172.25 ft lot
  • Features a finished, full 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 Heater Owned, Auto Garage Door Remote, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This charming bungalow loft combines spacious interiors with beautifully designed outdoor spaces in the prime central location of Oakville, walking distance to downtown and Kerr St Village. The main floor showcases a primary bedroom with walk-in closets and an ensuite, a large dining room for those family occasions, a warm living area, and a well-appointed kitchen with a central island, perfect for entertaining and gathering. An additional room on this level serves as an office or optional bedroom, providing flexibility for your lifestyle. Large mudroom/laundry accessed from the double car garage completes this floor. The upper loft features two large bedrooms, a relaxing sitting area, and a full bathroom, creating an ideal retreat for family/guests or office space. The finished basement adds even more potential with an additional bedroom and bathroom, extensive storage areas, and large rec area making it perfect for extended family or visitors. Outside, the property is framed by inviting front and back yards. The front yard offers charming curb appeal with low-maintenance landscaping and a welcoming entrance with front porch. The expansive backyard is perfect for outdoor entertaining, with plenty of space for gardening, barbecues, and relaxation. Whether you're hosting a summer gathering or enjoying a quiet evening under the stars, this outdoor oasis complements the homes abundant indoor spaces. With its flexible layout, beautiful yards, and sought-after location, this bungalow loft is an exceptional find for those seeking both comfort and convenience.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 298 River Side Drive, Oakville is currently for sale and has been available on SousaSells for 505 days. This property is listed at $2,799,000 with an estimated mortgage of $9,317* per month. It has 4 beds, 4 bathrooms, and is 3000-3500 square feet. 298 River Side Drive, Oakville is in the 1002 - CO Central 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
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 7, 2025
Sold price information is available to members only
Listed Date2/27/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungaloft
ConstructionCedar, Aluminum Siding
BasementFinished, Full
Lot Size60 × 172.25 Feet
CountyHalton
Annual Tax$10,186
Legal DescriptionLT62,PL347; OAKVILLE

Parking & Garage

Parking Spaces7.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Place Of Worship, Library, Level, School Bus Route, Park

Interior Features

Water Heater Owned, Auto Garage Door Remote, Carpet Free, Generator - Full, Primary Bedroom - Main Floor, Solar Owned, Sump Pump

Security Features

Alarm System, Smoke Detector

Community Features

Location

Initializing map...
298 River Side Drive, Oakville, ON
Loading local market trends...

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 298 River Side Drive, Oakville, ON L6K 3N4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$839,700 (30.0%)
* Minimum Canadian down payment required for this price is $559,800.
Amortization Period30 Years
Estimated Monthly Payment$9,317Based on a loan of $1,959,300 over 30 years.
Purchase Price$2,799,000
Loan Amount$1,959,300
Provincial Land Transfer Tax:$56,450
Total Estimated Closing Taxes:$56,450

About Purchasing a Home in Oakville, ON

For a property listed at $2,799,000 in Oakville, the legal minimum down payment is $559,800 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 $56,450 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 $56,450.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1002 - CO Central, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,799,864

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

Sainte-Marie
Public336 Maurice Drive, Oakville, Ontario, L6K 2X3
7.9
St James
Public255, Oakville, Ontario, L6K 2S2
6.7
W H Morden
Public180 Morden Road, Oakville, Ontario, L6K 2S3
8.5
Pine Grove
Public529 Fourth Line, Oakville, Ontario, L6L 5A8
7.9
New Central
Public133 Balsam Drive, Ennisclare Park, Oakville, Ontario, L6J 3X4
9.6

Secondary Schools

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

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.