423 Parklane Road, Oakville, ON

$1,199,000
MLS#:W9508864
4 beds
3 baths
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 18, 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 1003 - CP College Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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 49.21 x 108.27 ft lot size
  • Features a walk-out, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover 423 Parklane Road in sought-after College Park! Just steps from Martindale Park, complete with a splash pad, and Sheridan College Institute of Technology and Advanced Learning. The main level features rich Jatoba hardwood floors, open concept living and dining rooms ideal for seamless entertaining, and a cozy family room with a wood-burning fireplace and walk-out to an upper deck. A convenient laundry room adds functionality to this level. The upgraded kitchen offers granite countertops, stainless steel appliances, a spacious pantry, and a sun-filled breakfast area with a sliding door walk-out to deck, perfect for morning coffee. The oversized primary suite is complete with a separate sitting area, walk-in closet, and five-piece ensuite. Three additional bedrooms and a five-piece main bathroom with double sinks round out the upper level, providing ample space for family or guests. The walk-out basement, with a bathroom rough-in, offers endless possibilities for customization. Additional highlights include double entrance doors, a newer furnace and central air conditioner (2016), central vacuum system, windows (2016), and a two-car attached garage with porch access. Centrally located, this home offers easy access to parks, trails, Munn's Public School, White Oaks Secondary School, Oakville Place, Oakville Golf Club, public transit, major highways, and essential amenities. This home offers limitless potential, in a vibrant community setting!

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Property Summary

This detached home located at 423 Parklane Road, Oakville is currently for sale and has been available on SousaSells for 631 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 423 Parklane Road, Oakville is in the 1003 - CP College Park 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 DateOctober 28, 2024
Sold price information is available to members only
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementWalk-Out, Unfinished
Lot Size49.21 × 108.27 Feet
CountyHalton
Annual Tax$5,937
Legal DescriptionPCL 37-1, SEC 20M343 ; LT 37, PL 20M343 ; S/T H247250 OAKVILLE

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Rec./Commun.Centre, Public Transit, Park, School, Hospital, Golf

Interior Features

Central Vacuum, Auto Garage Door Remote

Security Features

Community Features

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Location

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423 Parklane 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 423 Parklane Road, Oakville, ON L6H 4J6

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$359,700 (30.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period30 Years
Estimated Monthly Payment$3,991Based on a loan of $839,300 over 30 years.
Purchase Price$1,199,000
Loan Amount$839,300
Provincial Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$20,455

About Purchasing a Home in Oakville, ON

For a property listed at $1,199,000 in Oakville, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1003 - CP College Park, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,280,355

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

Montclair
Public1285 Montclair Drive, Oakville, Ontario, L6H 1Z3
4.4
du Chêne
Public150 Ridge Drive, Oakville, Ontario, L6H 1B8
9.4
Sunningdale
PublicOakville, Ontario, L6H 1T4
8.8
St Matthew's
PublicMatthew Street, Oakville, Ontario, L6H 2R9
8.6
River Oaks
Public2173 Munn's Avenue, Oakville, Ontario, L6H 3S9
6.4

Secondary Schools

White Oaks
PublicOnslow Court, Oakville, Ontario, L6H 1H9
8.8
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
Holy Trinity
Public2420 Sixth Line, Oakville, Ontario, L6H 5Z8
7.1

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.