$1,450,000 - 1198 Derrald Drive, Oakville
Detached for Sale in Oakville
New — Listed yesterday- MLS Number
- W13213264
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Rarely Offered, Meticulously Maintained Family Home Nestled On One Of The Most Prestigious Streets In The Highly Sought After Clearview Pocket Of Oakville. This Exceptional 4+1 Bedroom, 4 Bathroom Detached Residence Offers Over 3,068 Sq Ft Above Grade Plus A Fully Finished Lower Level, All Situated On A Massive Premium Lot Perfect For Growing Families & Entertaining. Step Into The Grand Foyer Featuring A Stunning Staircase, Elegant Principal Rooms, Large Windows, And An Abundance Of Natural Light Throughout. The Functional Main Floor Layout Offers Spacious Living, Dining, Family, And Office Areas Designed For Both Everyday Living And Entertaining. The Expansive Eat In Kitchen Features Granite Countertops, Ample Cabinetry, And A Walkout To The Freshly Landscaped Backyard, A Private Outdoor Retreat Ideal For Relaxing Or Hosting Family And Friends. Upstairs Features Four Generously Sized Bedrooms Including A Spacious Primary Retreat Complete With His And Her Closets And A Luxurious 4 Piece Ensuite Bathroom. Additional Bedrooms Offer Flexible Space For Family, Guests, Or A Home Office. The Finished Basement Adds Incredible Value With A Large Recreation Area, 5th Bedroom, 3 Piece Bathroom, Woodworking Shop, Sewing Studio, Cold Wine Cellar, Multiple Storage Areas, And Additional Living Space Perfect For Extended Family Or In Law Potential. The Attached Double Car Garage Features Fresh Epoxy Floors And A Side Separate Entrance Leading Directly To The Mud And Laundry Room. This Premium Lot Offers Endless Possibilities To Create The Home Of Your Dreams. Located In One Of Oakville's Most Family Friendly Communities, Close To Top Rated Schools Including James W. Hill PS, St. Luke Catholic School, John Knox Christian School, And Oakville Trafalgar High School. Minutes To Lake Ontario, Parks, Splash Pads, Scenic Trails, Dog Parks, Shopping, Restaurants, Oakville & Clarkson GO Stations, QEW, 403 And 407. A Rare Opportunity To Own A Timeless Family Home In An Unbeatable Location.
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Estimated Payment
$6,413.84/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.
1198 Derrald 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
Competitive Pricing
At $483/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.