114 Ringwood Road, Oakville

Price: $1,195,000

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W12981408

ATTENTION BUILDERS!!! PRIME BUILDING LOT surrounded by multi-million dollar homes on a quiet cul-de-sac in the highly desirable College Park community of Oakville, with SOUTH facing backyard. Detached 3+1 bedroom bungalow with separate entrance, situated on a mature 65' x 125' lot with ideal southern exposure. Build your dream home on this premium street surrounded by newly built custom homes. Unbeatable location just steps to highly rated Sunningdale public school and within walking distance to secondary schools, Sheridan College, Oakville Place, Oakville Golf Club, GO Transit, highways, shopping, and parks. A fantastic opportunity in a sought-after family neighbourhood. Don't miss this one!

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$1,195,000 - 114 Ringwood Road, Oakville

Detached for Sale in Oakville

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W12981408
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

ATTENTION BUILDERS!!! PRIME BUILDING LOT surrounded by multi-million dollar homes on a quiet cul-de-sac in the highly desirable College Park community of Oakville, with SOUTH facing backyard. Detached 3+1 bedroom bungalow with separate entrance, situated on a mature 65' x 125' lot with ideal southern exposure. Build your dream home on this premium street surrounded by newly built custom homes. Unbeatable location just steps to highly rated Sunningdale public school and within walking distance to secondary schools, Sheridan College, Oakville Place, Oakville Golf Club, GO Transit, highways, shopping, and parks. A fantastic opportunity in a sought-after family neighbourhood. Don't miss this one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,285.89/mo

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5%20%50%

5-yr fixed avg.

Principal: $956,000Interest: $629,766
Mortgage Amount$956,000
Total Interest$629,766
Est. Property Tax$846/mo
Total Cost$1,585,766

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

114 Ringwood Road, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$846
Insurance (est.)-$249
Net Cash Flow+$2,105

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1707/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 19 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.

Detached Home Advantages

Detached homes in Oakville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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