$1,240,000 - 1197 Old Oak Drive, Oakville
Detached for Sale in Oakville
105 days on market- MLS Number
- W12764136
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Lot Size
- 2,847 sqft
- Listing Brokerage
- HOUSESIGMA INC.
Welcome to this beautifully upgraded, move-in-ready family home in the highly sought-after West Oak Trails community of Oakville. Proudly maintained by the same owners for nearly 20 years, this property showcases true pride of ownership throughout. Featuring numerous updates for peace of mind, including windows (2012), furnace (2017), and roof (2018). A well-designed main floor renovation (2013-2014) enhances the home's layout and fills the space with natural light. The modern kitchen (updated 2021) offers granite countertops, new cabinet doors, and a brand new GE Cafe induction stove (2025), while the upstairs bathrooms (2018) have been tastefully renovated for added comfort and style. Step outside to a beautifully landscaped backyard with a large deck (2014, extended 2023), surrounded by mature trees and landscaping that provide a high level of privacy, perfect for family gatherings and summer barbecues. Located in one of Oakville's most desirable neighbourhoods, this home is close to top-rated schools, parks, walking trails, shopping, and public transit, offering convenience and lifestyle in one package.
Estimate your monthly payments for this property
Estimated Payment
$5,484.94/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.
1197 Old Oak Drive, 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 30+ years of GTA real estate experience
Fair Market Value
At $827/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.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.