340 Erin Street, Oakville, ON

$1,089,999
MLS#:W8453056
3 beds
4 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 30, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey link located in the coveted neighborhood of 1005 - FA Falgarwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,089,999 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 2000-2500 sqft on a premium 23.2 x 124.67 ft lot
  • Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

2 Story, 3-bedroom home awaits your personal touch in Oakville. Perfect for investors seeking potential, this property offers endless opportunities to revitalize and customize to your liking. Nestled in a court, Its prime location boasts convenience, with College campus just minutes away, making it an ideal option for students or faculty members seeking proximity to education and amenities. Situated on a unique pie-shaped lot, the property offers ample space for outdoor enjoyment and expansion possibilities. Whether you envision a charming garden oasis or a contemporary outdoor entertaining area, the canvas is yours to transform. Embrace the opportunity to reimagine this home and unlock its full potential. With TLC and vision, this property promises to be a rewarding investment in the heart of Oakville.

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Property Summary

This link located at 340 Erin Street, Oakville is currently for sale and has been available on SousaSells for 760 days. This property is listed at $1,089,999 with an estimated mortgage of $3,628* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 340 Erin Street, Oakville is in the 1005 - FA Falgarwood neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 22, 2024
Sold price information is available to members only
Listed Date6/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeLink
Architectural Style2-Storey
ConstructionBrick
BasementFull, Separate Entrance
Lot Size23.2 × 124.67 Feet
CountyHalton
Annual Tax$5,102
Legal DescriptionPT BLK G, PL 1523 , PART 13 , 20R7876 , S/T 663354 ; OAKVILLE

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School

Interior Features

Other

Security Features

Community Features

Location

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340 Erin Street, 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 340 Erin Street, Oakville, ON L6H 4R1

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$327,000 (30.0%)
* Minimum Canadian down payment required for this price is $218,000.
Amortization Period30 Years
Estimated Monthly Payment$3,628Based on a loan of $762,999 over 30 years.
Purchase Price$1,089,999
Loan Amount$762,999
Provincial Land Transfer Tax:$18,275
Total Estimated Closing Taxes:$18,275

About Purchasing a Home in Oakville, ON

For a property listed at $1,089,999 in Oakville, the legal minimum down payment is $218,000 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 $18,275 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 $18,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1005 - FA Falgarwood, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,124,886

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

Falgarwood
Public1385 Gainsborough Drive, Oakville, Ontario, L6H 2H7
5.7
Holy Family
Public1420 Grosvenor Street, Oakville, Ontario, L6H 2X8
3.9
St Matthew's
PublicMatthew Street, Oakville, Ontario, L6H 2R9
8.6
Montclair
Public1285 Montclair Drive, Oakville, Ontario, L6H 1Z3
4.4
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4

Secondary Schools

Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2

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.