142 Abbey Court, Oakville

Price: $2,999,900

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13477068

Rare opportunity in Oakville's prestigious Morrison neighbourhood. Situated on an exceptional 19,095 sq. ft. lot on a quiet court, this oversized property presents endless possibilities for builders, investors, and end-users alike. Whether you're looking to construct a landmark custom estate, renovate and modernize the existing residence, or enjoy the home as it stands, this is a property with extraordinary potential in one of Oakville's most sought-after luxury enclaves.Zoned RL1-0, the lot may accommodate a custom home of approximately 5,500+ sq. ft. above grade (subject to purchaser verification and municipal approvals), offering the opportunity to create a truly remarkable residence surrounded by some of the area's finest custom homes. Alternatively, the existing four-bedroom family home provides a solid foundation for a substantial renovation, featuring generous principal rooms, two fireplaces, a finished basement, and views of the expansive private grounds.The backyard is a standout feature, complete with a saltwater in-ground pool, stone patio, mature trees, and extensive green space, creating a private retreat rarely found in today's market. A double garage and oversized driveway provide parking for multiple vehicles.Ideally located just minutes from downtown Oakville, Lake Ontario, GO Transit, parks, and some of the region's top-rated public and private schools, this is a rare chance to secure a premium Morrison property on a lot larger than many currently available in the area. Build, renovate, or enjoy-the choice is yours.

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active
New Listing
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$2,999,900 - 142 Abbey Court, Oakville

Detached for Sale in Oakville

New — Listed 3 days ago
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13477068
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Rare opportunity in Oakville's prestigious Morrison neighbourhood. Situated on an exceptional 19,095 sq. ft. lot on a quiet court, this oversized property presents endless possibilities for builders, investors, and end-users alike. Whether you're looking to construct a landmark custom estate, renovate and modernize the existing residence, or enjoy the home as it stands, this is a property with extraordinary potential in one of Oakville's most sought-after luxury enclaves.Zoned RL1-0, the lot may accommodate a custom home of approximately 5,500+ sq. ft. above grade (subject to purchaser verification and municipal approvals), offering the opportunity to create a truly remarkable residence surrounded by some of the area's finest custom homes. Alternatively, the existing four-bedroom family home provides a solid foundation for a substantial renovation, featuring generous principal rooms, two fireplaces, a finished basement, and views of the expansive private grounds.The backyard is a standout feature, complete with a saltwater in-ground pool, stone patio, mature trees, and extensive green space, creating a private retreat rarely found in today's market. A double garage and oversized driveway provide parking for multiple vehicles.Ideally located just minutes from downtown Oakville, Lake Ontario, GO Transit, parks, and some of the region's top-rated public and private schools, this is a rare chance to secure a premium Morrison property on a lot larger than many currently available in the area. Build, renovate, or enjoy-the choice is yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$13,269.57/mo

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5-yr fixed avg.

Principal: $2,399,920Interest: $1,580,951
Mortgage Amount$2,399,920
Total Interest$1,580,951
Est. Property Tax$2,125/mo
Total Cost$3,980,871

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

142 Abbey Court, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$2,125
Insurance (est.)-$625
Net Cash Flow+$550

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

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.

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.

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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    142 Abbey Court, Oakville | $2,999,900 | Battaglia Team