$1,599,900 - 122 Selgrove Crescent, Oakville
Detached for Sale in Oakville
New — Listed yesterday- MLS Number
- W13432942
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
PRICED TO SELL! Rarely offered corner lot directly across from Coronation Park with partial lake views in one of Oakville's most prestigious and sought-after neighbourhoods. This solid brick bungalow sits on an impressive 11,280 sq. ft. lot (158 x 78 x 150 x 60 ft. | perimeter 445 ft.), offering exceptional redevelopment potential.Primarily a land-value opportunity, this property presents the ideal setting to design and build your dream home. A recent survey has been completed, and preliminary building parameters indicate the potential to construct approximately 4,000 sq. ft. above grade without requiring a Committee of Adjustment application, subject to all applicable municipal approvals and buyer verification.The unique lot configuration provides greater flexibility in home design, footprint, and architectural style compared to a typical rectangular lot. The existing home is currently tenanted, offering the opportunity to generate rental income while finalizing plans and permits.Surrounded by multi-million-dollar custom residences, this is a rare chance to secure a premium lot, work with your architect to create a signature home, and invest in one of Oakville's most desirable waterfront-adjacent communities. Exceptional value for a prime Coronation Park location.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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.
122 Selgrove Crescent, 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 $1067/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.
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.
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 $6,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.