169 Morrison Road, Oakville

Price: $2,650,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12396231

This private, quiet, lush 101 x 149ft lot is simply spectacular with it's beautifully manicured and maintained gardens. Spend every warm moment relaxing around the pool and taking in nature with the Morrison Creek just outside the property boundary. It's like living in the country but you're within walking distance of downtown Oakville.The home itself has been tastefully updated. The floor plan and layout make it perfect for families and down sizers. The lower level is above ground with a walk out to the pool and the back of the home is bright and inviting. Currently used as an in-law suite but as it's not segregated from the home no conversion required. You need to see this one!

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$2,650,000 - 169 Morrison Road, Oakville

Detached for Sale in Oakville

66 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12396231
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

This private, quiet, lush 101 x 149ft lot is simply spectacular with it's beautifully manicured and maintained gardens. Spend every warm moment relaxing around the pool and taking in nature with the Morrison Creek just outside the property boundary. It's like living in the country but you're within walking distance of downtown Oakville.The home itself has been tastefully updated. The floor plan and layout make it perfect for families and down sizers. The lower level is above ground with a walk out to the pool and the back of the home is bright and inviting. Currently used as an in-law suite but as it's not segregated from the home no conversion required. You need to see this one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,721.84/mo

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5-yr fixed avg.

Principal: $2,120,000Interest: $1,396,553
Mortgage Amount$2,120,000
Total Interest$1,396,553
Est. Property Tax$1,877/mo
Total Cost$3,516,553

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

169 Morrison 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)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,877
Insurance (est.)-$552
Net Cash Flow+$1,171

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1767/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.

Negotiation Opportunity

At 66 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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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