5 Arkendo Drive, Oakville, ON

$1,930,000
MLS#:W9254051
3 beds
3 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1006 - FD Ford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,930,000 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 3 Bathrooms
  • Premium 60 x 100 ft lot size
  • Features a full, unfinished 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Arkendo Drive is a beautiful and private lakefront neighbourhood steps to trails along the water's edge and tucked within a pocket of woodlands with stream; perfect for kids to explore and enjoy. Located at the bottom of a cul-de-sac Arkendo Drive. offers almost 2,400 sq ft above grade with four bedrooms (recently converted to 3) and 3 newly renovated bathrooms. A perfect opportunity for those who want to get into southeast Oakville and put down roots! An ideal main floor layout with large, double storey foyer, and a floor plan that lends itself beautifully to an open concept layout overlooking the sunny west backing yard. A large unfinished basement with strong ceiling height and wide open space awaits your designs. A solid offering for a well maintained home with large principal rooms, big windows and a strong floor plan in an incredibly impressive location.A winning combination for those who value south of Lakeshore Road E, private lakefront living in Oakville's top school district!

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Property Summary

This detached home located at 5 Arkendo Drive, Oakville is currently for sale and has been available on SousaSells for 700 days. This property is listed at $1,930,000 with an estimated mortgage of $6,424* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 5 Arkendo Drive, Oakville is in the 1006 - FD Ford neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date8/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFull, Unfinished
Lot Size60 × 100 Feet
CountyHalton
Annual Tax$7,003
Legal DescriptionLT 26, PL 1539 ; OAKVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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5 Arkendo Drive, 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 5 Arkendo Drive, Oakville, ON L6J 5T8

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$579,000 (30.0%)
* Minimum Canadian down payment required for this price is $386,000.
Amortization Period30 Years
Estimated Monthly Payment$6,424Based on a loan of $1,351,000 over 30 years.
Purchase Price$1,930,000
Loan Amount$1,351,000
Provincial Land Transfer Tax:$35,075
Total Estimated Closing Taxes:$35,075

About Purchasing a Home in Oakville, ON

For a property listed at $1,930,000 in Oakville, the legal minimum down payment is $386,000 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 $35,075 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 $35,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1006 - FD Ford, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$2,902,080

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

Maple Grove
Public288 Maple Grove Drive, Ennisclare Park, Oakville, Ontario, L6J 4V5
7.3
E J James
Public338 Cairncroft Road, Ennisclare Park, Oakville, Ontario, L6J 4M6
9.6
Joshua Creek
PublicOakville, Ontario, L6J 7S2
9.0
St Luke
Public2750 Kingsway Drive, Oakville, Ontario, L6J 7G5
4.3
James W. Hill
Public2860 Kingsway Drive, Oakville, Ontario, L6J 6R3
7.5

Secondary Schools

Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2
Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3

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.