316 Coral Terrace, Oakville, ON
Property no longer active
This property was sold on May 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 1011 - MO Morrison. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,000,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 100 x 130 ft lot
- Features a 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: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled on arguably the best street in Oakville, this exceptional 100 x 130 ft lot offers endless potential in one of the town's most desirable neighbourhoods. Surrounded by mature trees and multimillion-dollar custom homes, Coral Terrace is a quiet, family-friendly enclave known for its charm, privacy, and unbeatable location.This rare bungalow is situated on a wide, deep lotideal for a luxury new build. Whether you're a builder, investor, or end-user with a vision, the possibilities are limitless. The generous frontage and depth provide ample room for a grand design, pool, and landscaped outdoor living. Steps to top-rated schools, parks, lakefront trails, and just minutes to downtown Oakville, the GO station, and major highwaysthis is where lifestyle meets investment. Dont miss your chance to build your dream home in a neighbourhood where opportunities like this dont come often.
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Property Summary
This detached home located at 316 Coral Terrace, Oakville is currently for sale and has been available on SousaSells for 438 days. This property is listed at $3,000,000 with an estimated mortgage of $9,986* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 316 Coral Terrace, 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
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Cul de Sac/Dead End, Library, Park, Rec./Commun.Centre, Public Transit, School
Interior Features
Auto Garage Door Remote
Security Features
Community Features
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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 316 Coral Terrace, Oakville, ON L6J 4C4
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 $3,000,000 in Oakville, the legal minimum down payment is $600,000 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 $61,475 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 $61,475.
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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.