169 Morrison Road, Oakville

Price: $2,530,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12939696

Nestled in the heart of prestigious Morrison, this fabulous bright open-concept bungalow sits on an exceptional 0.35-acre premium lot backing onto tranquil Morrison Creek and fronting onto Lawson Park-offering a rare "Muskoka-like" setting just moments from downtown Oakville, Gairloch Gardens, and the lake. This beautifully maintained 3+2 bedroom residence features a spacious living room with a wood burning fireplace and an effortless flow into the dining area, where a walkout leads to a private balcony overlooking lush gardens and an inviting in-ground swimming pool. The gourmet kitchen is equipped with premium Sub-Zero refrigeration, Sub-Zero wine fridge, and a Wolf gas stove-perfect for both everyday living and entertaining. The primary suite offers a renovated ensuite, while California shutters throughout enhance both elegance and privacy. Newly upgraded broadloom flooring extends through the bedrooms and into the fully finished lower level, which features a large recreation room with gas fireplace, two additional bedrooms (or office/den), a self-contained kitchen, laundry, and a 3-piece bath with heated floors-ideal for an in-law or nanny suite. A tiled walkout provides seamless access to the backyard oasis. An extra-long, updated asphalt driveway accommodates parking for 8+ vehicles. Located within a top-tier school district and directly across from a park, this rare offering combines natural beauty, luxury, and convenience in one of Oakville's most sought-after neighbourhoods.

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active
New Listing
1/50

$2,530,000 - 169 Morrison Road, Oakville

Detached for Sale in Oakville

New — Listed 5 days ago
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12939696
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
Re/Max Hallmark Alliance Realty
Description

Nestled in the heart of prestigious Morrison, this fabulous bright open-concept bungalow sits on an exceptional 0.35-acre premium lot backing onto tranquil Morrison Creek and fronting onto Lawson Park-offering a rare "Muskoka-like" setting just moments from downtown Oakville, Gairloch Gardens, and the lake. This beautifully maintained 3+2 bedroom residence features a spacious living room with a wood burning fireplace and an effortless flow into the dining area, where a walkout leads to a private balcony overlooking lush gardens and an inviting in-ground swimming pool. The gourmet kitchen is equipped with premium Sub-Zero refrigeration, Sub-Zero wine fridge, and a Wolf gas stove-perfect for both everyday living and entertaining. The primary suite offers a renovated ensuite, while California shutters throughout enhance both elegance and privacy. Newly upgraded broadloom flooring extends through the bedrooms and into the fully finished lower level, which features a large recreation room with gas fireplace, two additional bedrooms (or office/den), a self-contained kitchen, laundry, and a 3-piece bath with heated floors-ideal for an in-law or nanny suite. A tiled walkout provides seamless access to the backyard oasis. An extra-long, updated asphalt driveway accommodates parking for 8+ vehicles. Located within a top-tier school district and directly across from a park, this rare offering combines natural beauty, luxury, and convenience in one of Oakville's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,191.04/mo

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5-yr fixed avg.

Principal: $2,024,000Interest: $1,333,313
Mortgage Amount$2,024,000
Total Interest$1,333,313
Est. Property Tax$1,792/mo
Total Cost$3,357,313

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)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,792
Insurance (est.)-$527
Net Cash Flow+$1,281

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 $1687/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.

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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