$3,600,000 - 1188 CAREY Road, Oakville
Single Family Home for Sale in Oakville
32 days on market- MLS Number
- W12671708
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 sqft
- Neighbourhood
- Oakville
- Lot Size
- 16,555 sqft
- Listing Brokerage
- Re/Max Hallmark Alliance Realty
Nestled in one of Oakville's most coveted and prestigious enclaves Morrison Heights, this exceptional family residence presents a rare opportunity on a remarkable 103 x 185 ft (0.38-acre) estate-sized lot, surrounded by mature trees and timeless streetscapes, the property enjoys a walk-to location to top-ranked private schools, including St. Mildred's-Lightbourn School and Linbrook Schools. The thoughtfully updated home offers around 3,600 sqft living space, featuring 4+1 bedrooms, 3.5 renovated bathrooms, and two fireplaces that enhance warmth and character throughout. The heart of the home is the spacious open-concept kitchen and family room, beautifully upgraded and designed for modern living, seamlessly overlooking the expansive and exceptionally private backyard complete with an in-ground pool-a perfect setting for entertaining, relaxation, and family enjoyment. A truly rare offering combining location, lot, lifestyle, and long-term potential-this is Morrison Heights living at its finest. Bill Hicks design permit drawings to build 5000+ sf above grade luxury home available upon request.
Estimate your monthly payments for this property
Estimated Payment
$15,924.01/mo
5-yr fixed avg.
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.
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
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.
1188 CAREY Road, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Premium Pricing
At $1800/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 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Oakville.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $15,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.