$1,649,999 - 1368 Tansley Drive, Oakville
Single Family Home for Sale in Oakville
32 days on market- MLS Number
- W12614990
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX PREMIER INC.
Prestigious South West Oakville Bungalow (Duplex) Live, Lease, Or Build. Discover Refined Living In This Beautifully Maintained Four-Bedroom Bungalow, Gracefully Situated In One Of South West Oakville's Most Distinguished And Established Neighbourhoods. Surrounded By Mature Trees And Bespoke Multi-Million-Dollar Estate Homes Listed As High As $4.69 Million, This Residence Is Set On A Generous, Oversized Lot Boasting RL3-0 Zoning And Impressive Frontage, Offering An Unparalleled Opportunity For Discerning Homeowners, Investors, Or Builders. Exuding Warmth And Understated Elegance, The Home Presents A Harmonious Blend Of Comfort, Character, And Versatility. With Almost 2500 Sqft Of Living Space (1153 Sqft Main, 1194 Sqft Lower), Its Interiors Are Thoughtfully Enhanced To Maximize Functionality, Featuring A Modern Kitchen, Well-Defined Living Areas, And Tasteful Finishes Throughout. The Current Design Encompasses Two Separate Living Units, Ideal For Extended Families, Rental Income, Or Interim Occupancy While Preparing For A Custom Redevelopment. An Updated Estimate Was Provided Recently, Confirming That Expanding To Six Bedrooms, Alongside Further Enhancements, Can Be Accomplished For Under $10,000, Underscoring The Property's Exceptional Potential. This Unique Offering Allows Buyers The Flexibility To Move In Immediately, Lease One Or Both Units, Or Redevelop Within A Prestigious Enclave Renowned For Its Collection Of Luxury Custom Residences. A Tenant Is Immediately Available For The Property, Ensuring A Seamless Transition And An Immediate Income Stream. For Builders And Investors, The Opportunity To Lease During The Permitting Process Provides Valuable Holding Income While Unlocking The Full Promise Of This Coveted Parcel. Located Close To Oakville's Picturesque Lakefront, Vibrant Downtown, Top-Rated Schools Such As Appleby College, And Expansive Parks, This Home Offers An Ideal Blend Of Tranquility And Convenience.
Estimate your monthly payments for this property
Estimated Payment
$7,298.50/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.
1368 Tansley 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 25+ years of GTA real estate experience
Premium Pricing
At $1500/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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 $6,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.