153 Ulster Drive, Oakville

Price: $1,690,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12982936

153 Ulster Drive delivers exactly what today's buyers are searching for: premier location, lot value, and long-term upside. Set on an RL3-0 zoned property in one of West Oakville's most rapidly transforming neighbourhoods, this approximately 1,800 sq. ft. bungalow offers three clear paths forward: renovate and modernize, expand and personalize, or build one exceptional custom residence. Building permits in place for approximately 4,000 sq. ft. above grade provide a rare head start for those ready to create something exceptional. The existing 4-bedroom, 2.5-bath home is fully furnished and rental-ready, featuring afunctional layout, sun-filled solarium, spacious living areas, gas fireplace, and equipped kitchen. An ideal holding property while finalizing plans or generating interim income. Surrounded by multi-million dollar custom homes and located just steps to Lake Ontario, lakefront parks, and top-rated schools, and minutes to Bronte Harbour, Bronte Village, downtown Oakville, and the QEW. Live in it. Lease it. Build on it. The timeline is yours.

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$1,690,000 - 153 Ulster Drive, Oakville

Detached for Sale in Oakville

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12982936
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

153 Ulster Drive delivers exactly what today's buyers are searching for: premier location, lot value, and long-term upside. Set on an RL3-0 zoned property in one of West Oakville's most rapidly transforming neighbourhoods, this approximately 1,800 sq. ft. bungalow offers three clear paths forward: renovate and modernize, expand and personalize, or build one exceptional custom residence. Building permits in place for approximately 4,000 sq. ft. above grade provide a rare head start for those ready to create something exceptional. The existing 4-bedroom, 2.5-bath home is fully furnished and rental-ready, featuring afunctional layout, sun-filled solarium, spacious living areas, gas fireplace, and equipped kitchen. An ideal holding property while finalizing plans or generating interim income. Surrounded by multi-million dollar custom homes and located just steps to Lake Ontario, lakefront parks, and top-rated schools, and minutes to Bronte Harbour, Bronte Village, downtown Oakville, and the QEW. Live in it. Lease it. Build on it. The timeline is yours.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,475.44/mo

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5-yr fixed avg.

Principal: $1,352,000Interest: $890,632
Mortgage Amount$1,352,000
Total Interest$890,632
Est. Property Tax$1,197/mo
Total Cost$2,242,632

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

153 Ulster Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,197
Insurance (est.)-$352
Net Cash Flow+$1,651

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

Fair Market Value

At $1127/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 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.

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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