$1,249,900 - 1266 Lakeview Drive, Oakville
Detached for Sale in Oakville
32 days on market- MLS Number
- W13124396
- Property Type
- Detached
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RIGHT AT HOME REALTY
Open house Saturday June 13th 2-4pm. Nestled on a quiet, family-friendly street in desirable Falgarwood, this beautifully maintained back-split offers over 1,800 sq. ft. of living space plus a fully finished basement. The renovated kitchen opens into a bright, welcoming living room featuring a cozy fireplace and custom built-ins-perfect for everyday living and entertaining.The spacious lower-level family room includes a gas fireplace and walkout to a private backyard retreat. Upstairs, you'll find a generous primary bedroom along with two additional bedrooms, while the lower level offers a fourth bedroom which can be used as an office. The finished basement adds even more flexibility with an additional bedroom and den.Set on a premium ravine lot, the backyard is a true oasis complete with a pool featuring a heat pump as well as a new liner (updated 2025), bi-level decks, gazebo, and shed, all surrounded by mature, professional landscaping. Additional recent upgrades include a new air conditioner installed in 2025, offering added comfort and peace of mind.Conveniently located close to top-rated schools, beautiful walk-in trails, shopping, and with easy highway access, this home combines comfort, space, and an unbeatable setting.
Estimate your monthly payments for this property
Estimated Payment
$5,528.73/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.
1266 Lakeview 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 $833/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.
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.
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.
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.
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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.