1237 MERTON Road, Oakville

Price: $1,349,900

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: W12041518

Executive "Woodcroft Model" townhome approx. 2024 sq. ft. to be built by renowned Fern brook Homes in the Glen Abbey Encore new community. 9 -foot ceilings on the 3 levels, 3 bedrooms, 2.5 bathrooms, gas fireplace in the Great Room with double French doors to balcony, hardwood floors throughout (except kitchen, laundry, foyer, mudroom and bathrooms). Quartz or Granite counters to all countertops. Bosh Kitchen appliances included, stained oak staircase with iron pickets", large size Porcelain floor tiles. The basement incudes a R/I for future bathroom, "Look-out" condition with large window(s), including great potential for a separate suite. Entry door from garage to mudroom and also exit door from garage to rear backyard. Generous size bedrooms, including primary bedroom with large W.I.C. and 5-piece ensuite with double vanity sinks, Quartz/Granite countertop, freestanding tub and glass shower. Purchaser has the option to select the interior finishing features. Closing date is scheduled for later 2026.

1237 MERTON Road - Townhouse photo 1 of 3 in Oakville, Ontario
1237 MERTON Road - Townhouse photo 2 of 3 in Oakville, Ontario
1237 MERTON Road - Townhouse photo 3 of 3 in Oakville, Ontario
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$1,349,900 - 1237 MERTON Road, Oakville

Townhouse for Sale in Oakville

139 days on market
3Beds
3Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
W12041518
Property Type
Townhouse
Status
active
Days on Site
139
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oakville
Listing Brokerage
Royalway Realty Limited, Brokerage
Description

Executive "Woodcroft Model" townhome approx. 2024 sq. ft. to be built by renowned Fern brook Homes in the Glen Abbey Encore new community. 9 -foot ceilings on the 3 levels, 3 bedrooms, 2.5 bathrooms, gas fireplace in the Great Room with double French doors to balcony, hardwood floors throughout (except kitchen, laundry, foyer, mudroom and bathrooms). Quartz or Granite counters to all countertops. Bosh Kitchen appliances included, stained oak staircase with iron pickets", large size Porcelain floor tiles. The basement incudes a R/I for future bathroom, "Look-out" condition with large window(s), including great potential for a separate suite. Entry door from garage to mudroom and also exit door from garage to rear backyard. Generous size bedrooms, including primary bedroom with large W.I.C. and 5-piece ensuite with double vanity sinks, Quartz/Granite countertop, freestanding tub and glass shower. Purchaser has the option to select the interior finishing features. Closing date is scheduled for later 2026.

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Estimated Payment

$5,971.06/mo

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5-yr fixed avg.

Principal: $1,079,920Interest: $711,399
Mortgage Amount$1,079,920
Total Interest$711,399
Est. Property Tax$956/mo
Total Cost$1,791,319

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

1237 MERTON Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$1,793

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

Competitive Pricing

At $675/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.

Negotiation Opportunity

At 139 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.

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 3 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.

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    1237 MERTON Road, Oakville | $1,349,900 | Battaglia Team