1473 Elm Road, Oakville

Price: $1,099,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13164520

Welcome to this beautifully upgraded 3+2 bedroom detached home in the highly desirable College Park neighborhood of Oakville-offering space, versatility, and exceptional value! The main level welcomes you with a bright living and dining room, perfect for entertaining, while the spacious family room just few stairs up offers a unique and inviting space for relaxation with ample natural light. The open-concept kitchen is equipped with quartz countertops, new sink & faucet, and overlooks a fully fenced backyard, creating a warm and functional layout for everyday living. The home is enhanced with *pot lights* and *brand new flooring* on the main floor, along with new carpet on the stairs. Upstairs, you'll find 3 generously sized bedrooms, including a comfortable primary retreat. Thousands have been spent on upgrades, including*updated kitchen finishes and modernized washroom vanities, countertops, and faucets*. The *fully finished basement* with separate entrance is a standout feature-offering 2 additional bedrooms, a full washroom, and a kitchen, ideal for extended family or excellent rental income potential. Located in a prime, family-friendly area with easy access to parks, recreation centre , library, Oakville GO Station, and Highways 407 & 401, this home combines space, style, and convenience.

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$1,099,000 - 1473 Elm Road, Oakville

Detached for Sale in Oakville

5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13164520
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

Welcome to this beautifully upgraded 3+2 bedroom detached home in the highly desirable College Park neighborhood of Oakville-offering space, versatility, and exceptional value! The main level welcomes you with a bright living and dining room, perfect for entertaining, while the spacious family room just few stairs up offers a unique and inviting space for relaxation with ample natural light. The open-concept kitchen is equipped with quartz countertops, new sink & faucet, and overlooks a fully fenced backyard, creating a warm and functional layout for everyday living. The home is enhanced with *pot lights* and *brand new flooring* on the main floor, along with new carpet on the stairs. Upstairs, you'll find 3 generously sized bedrooms, including a comfortable primary retreat. Thousands have been spent on upgrades, including*updated kitchen finishes and modernized washroom vanities, countertops, and faucets*. The *fully finished basement* with separate entrance is a standout feature-offering 2 additional bedrooms, a full washroom, and a kitchen, ideal for extended family or excellent rental income potential. Located in a prime, family-friendly area with easy access to parks, recreation centre , library, Oakville GO Station, and Highways 407 & 401, this home combines space, style, and convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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

1473 Elm Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,593

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 $733/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.

Market Position

At 19 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.

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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    1473 Elm Road, Oakville — $1,099,000 | Battaglia Team