423 SMITH Lane, Oakville, ON

$1,430,000
MLS#:W10407198
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 31, 2024. 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 1020 - WO West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,430,000 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 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 74 x 102 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient heating via gas

Description

Live in, build new or renovate. 7,567 sq ft lot. One of the top streets in the top pocket of South West Oakville. Extremely quiet sun filled corner lot with open exposure to sunlight on the East, South and West sides. Doesn't get any better to build an incredible new custom home with large windows to enjoy the sun while having amazing privacy. One Drive Through The Area Will Tell The Story Of This Beautiful Pocket surrounded by beautiful custom homes on a lush green street. Minutes To Appleby College, Coronation Park and Beach. The home is being sold as is where is.

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Property Summary

This detached home located at 423 SMITH Lane, Oakville is currently for sale and has been available on SousaSells for 751 days. This property is listed at $1,430,000 with an estimated mortgage of $4,760* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 423 SMITH Lane, Oakville is in the 1020 - WO West neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size74 × 102
CountyHalton
Annual Tax$5,582
Legal DescriptionLT 76, PL 579 ; S/T TW31604 TOWN OF OAKVILLE

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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423 SMITH Lane, 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 SMITH Lane, Oakville, ON L6L 4X1

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.

Market Trend
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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$429,000 (30.0%)
* Minimum Canadian down payment required for this price is $286,000.
Amortization Period30 Years
Estimated Monthly Payment$4,760Based on a loan of $1,001,000 over 30 years.
Purchase Price$1,430,000
Loan Amount$1,001,000
Provincial Land Transfer Tax:$25,075
Total Estimated Closing Taxes:$25,075

About Purchasing a Home in Oakville, ON

For a property listed at $1,430,000 in Oakville, the legal minimum down payment is $286,000 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 $25,075 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 $25,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1020 - WO West, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$2,222,324

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

Brookdale
Public1195 Bridge Road, Oakville, Ontario, L6L 2C3
6.5
Patricia-Picknell
Public1257 Sedgewick Crescent, Oakville, Ontario, L6L 1X6
8.8
Pine Grove
Public529 Fourth Line, Oakville, Ontario, L6L 5A8
7.9
Gladys Speers
Public2150 Samway Road, Bronte, Oakville, Ontario, L6L 2P6
7.7
W H Morden
Public180 Morden Road, Oakville, Ontario, L6K 2S3
8.5

Secondary Schools

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

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.