586 Settlers Road, Oakville, ON

$1,299,000
MLS#:W12212515
4 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of 1016 - SH Sixteen Hollow. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,299,000 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 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 25.59 x 90.22 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully upgraded Rosehaven-built semi-detached home in Oakvilles highly sought-after New Glenorchy community. Just 8 years old, this thoughtfully reconfigured former 4-bedroom layout now offers 3 spacious bedrooms plus a versatile upper-level family room easily converted back to a fourth bedroom if desired. The main floor features an inviting open-concept design, perfect for entertaining and daily living, with no carpet throughout for a clean, modern feel. You'll love the customized closets and built-in organizers that enhance storage and functionality across the home. Upstairs includes a peaceful retreat with a convenient office/study nook in place of the former laundry space. The finished basement, completed in (2021), offers additional living space, a full bathroom, and a cold cellar ideal for storage. Located steps from top-ranked schools, the public library, community centres, sports complexes like Sixteen Mile and North Park, and scenic spots such as Charles Fay Pond, this home is also just minutes from parks, trails, shopping, restaurants, and Oakville Trafalgar Hospital. Family-friendly with excellent school catchments, wonderful neighbours, and green space all around, this home truly checks every box.

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Property Summary

This detached home located at 586 Settlers Road, Oakville is currently for sale and has been available on SousaSells for 400 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 4 beds, 4 bathrooms, and is 2000-2500 square feet. 586 Settlers Road, Oakville is in the 1016 - SH Sixteen Hollow neighborhood.

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

Key Features

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

Additional Details

StatusSold
Sold DateJuly 4, 2025
Sold price information is available to members only
Listed Date6/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionStone, Stucco (Plaster)
BasementFinished
Lot Size25.59 × 90.22 Feet
CountyHalton
Annual Tax$5,225
Legal DescriptionPart Lot 17, Plan 20M1168

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Library, Place Of Worship, Park, School, Rec./Commun.Centre

Interior Features

Storage, Carpet Free

Security Features

Community Features

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Location

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586 Settlers 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 586 Settlers Road W, Oakville, ON L6M 1N8

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$389,700 (30.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period30 Years
Estimated Monthly Payment$4,324Based on a loan of $909,300 over 30 years.
Purchase Price$1,299,000
Loan Amount$909,300
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Oakville, ON

For a property listed at $1,299,000 in Oakville, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1016 - SH Sixteen Hollow, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$1,659,147

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

Oodenawi
Public385 Sixteen Mile Drive, Oakville, Ontario, L6M 0Z4
7.2
St. Gregory the Great
Catholic138 Sixteen Mile Drive, Oakville, Ontario, L6M 0T7
6.9
Our Lady of Peace
Public391 River Glen Boulevard, Oakville, Ontario, L6H 5X5
7.8
St Andrew
Public145 Millbank Drive, Oakville, Ontario, L6H 6G3
7.7
River Oaks
Public2173 Munn's Avenue, Oakville, Ontario, L6H 3S9
6.4

Secondary Schools

Holy Trinity
Public2420 Sixth Line, Oakville, Ontario, L6H 5Z8
7.1
St. Ignatius of Loyola
Catholic1550 Nottinghill Gate, Oakville, Ontario, L6M 1X7
8.1
Gaétan Gervais
Public1075 McCraney Street East, Oakville, Ontario, L6H 1H9
9.3
Abbey Park
Public1455 Glen Abbey Gate, Oakville, Ontario, L6M 2G5
9.3
Garth Webb
Public2820 Westoak Trails Boulevard, Oakville, Ontario, L6M 4W2
8.5

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.