429 Smith Lane, Oakville, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 1020 - WO West. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,649,000 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.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 73.5 x 102 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautifully updated South Oakville bungalow offering over 4,000 sq. ft. of finished living space on a mature, private lot. Thoughtfully upgraded throughout, this home combines comfort, functionality, and timeless design.The main level features hardwood flooring, upgraded lighting, and a spacious, well-designed layout. The kitchen has been professionally refaced (2025) and includes a large island, gas range, and newer appliances. A three-way gas fireplace connects the principal living spaces, adding warmth and flow.There are three bedrooms on the main floor, each with upgraded ensuites. The primary bedroom includes French doors, custom closet built-ins, and a fully renovated ensuite (2025).The finished lower level offers additional living space with a large games room, wet bar, extra bedrooms, and a workshop.The backyard was redesigned in 2015 and includes a raised composite deck, hot tub, natural gas fire table, multiple gas hookups, and a fully fenced yard with mature landscaping.Additional features include a main floor laundry room, custom built-ins throughout, an updated electrical panel and service (2024), and a Level 2 EV charger in the garage. Recent updates also include the air conditioner, sump pump, fridge, dishwasher, and hood fan.A well-maintained bungalow in a sought-after South Oakville neighbourhood, offering space and modern updates throughout.
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Pricing & Value Insights
Data-driven valuation for 429 Smith Lane, Oakville, ON L6L 4X1
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About Purchasing a Home in Oakville, ON
For a property listed at $1,649,000 in Oakville, the legal minimum down payment is $329,800 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 $29,455 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 $29,455.
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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.