1085 Pearson Drive, Oakville

Price: $1,249,000

4 bedrooms, 2 bathrooms

1,500 sq ft

Property Type: Single Family Home

MLS#: W12585468

Lovely 3 Level Side Split On A Private Treed Lot Steps From Oakville Place. 61X 148 Ft Lot In College Park. Upgrade Windows, Shingles, Flooring. Great Room Addition Across The Back Of The Home Overlooks The "On Ground" Pool. Fourth Bedroom Or Home Office. Mud Room Entry From Garage. Stone Fireplace. Wood Stove. Gas Heater. Open Concept.

1085 Pearson Drive - Single Family Home photo 1 of 14 in Oakville, Ontario
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$1,249,000 - 1085 Pearson Drive, Oakville

Single Family Home for Sale in Oakville

32 days on market
4Beds
2Baths
1,500Sq Ft
Single Family Home
Property Details
MLS Number
W12585468
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
4
Bathrooms
2
Square Feet
1,500 sqft
Neighbourhood
Oakville
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Lovely 3 Level Side Split On A Private Treed Lot Steps From Oakville Place. 61X 148 Ft Lot In College Park. Upgrade Windows, Shingles, Flooring. Great Room Addition Across The Back Of The Home Overlooks The "On Ground" Pool. Fourth Bedroom Or Home Office. Mud Room Entry From Garage. Stone Fireplace. Wood Stove. Gas Heater. Open Concept.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,524.75/mo

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5%20%50%

5-yr fixed avg.

Principal: $999,200Interest: $658,224
Mortgage Amount$999,200
Total Interest$658,224
Est. Property Tax$885/mo
Total Cost$1,657,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oakville

Discover Oakville

Oakville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oakville

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oakville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1085 Pearson Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,055

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $833/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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