588 Wildwood Drive, Oakville, ON

$1,399,800
MLS#:W11946575
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 7, 2025. 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,399,800 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 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 61 x 135 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the perfect blend of charm and opportunity with this 3-bedroom bungalow, located in the sought-after community of West Oakville. Set on an incredible oversized 61x135 ft lot, this property offers a rare chance to enjoy the existing home or seize the potential to design and build your custom dream home on this premium lot. The current home features a welcoming open-concept layout with hardwood floors, crown moulding, and plenty of natural light. The living rooms striking brick accent wall adds warmth, while the dining room opens onto a brand-new oversized deck overlooking a private backyard oasis. Perfect for relaxing or entertaining, the inground pool and beautifully landscaped yard provide endless enjoyment. For those with a vision, this lot offers remarkable flexibility to create a one-of-a-kind residence tailored to your needs. With its generous dimensions and prime location, the possibilities are endless! Situated close to top-rated schools, parks, shopping, and all the conveniences of West Oakville, this property is your chance to enjoy a vibrant lifestyle while investing in future potential.

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Property Summary

This detached home located at 588 Wildwood Drive, Oakville is currently for sale and has been available on SousaSells for 532 days. This property is listed at $1,399,800 with an estimated mortgage of $4,659* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 588 Wildwood Drive, 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
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 7, 2025
Sold price information is available to members only
Listed Date1/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Vinyl Siding
BasementFull, Partially Finished
Lot Size61 × 135 Feet
CountyHalton
Annual Tax$5,507.07
Legal DescriptionLt 65, Pl 686, Town Of Oakville

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Water Heater

Security Features

Community Features

Location

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588 Wildwood 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 588 Wildwood Drive, Oakville, ON L6K 1V3

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$419,940 (30.0%)
* Minimum Canadian down payment required for this price is $279,960.
Amortization Period30 Years
Estimated Monthly Payment$4,659Based on a loan of $979,860 over 30 years.
Purchase Price$1,399,800
Loan Amount$979,860
Provincial Land Transfer Tax:$24,471
Total Estimated Closing Taxes:$24,471

About Purchasing a Home in Oakville, ON

For a property listed at $1,399,800 in Oakville, the legal minimum down payment is $279,960 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 $24,471 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 $24,471.

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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.