200 Lexington Road, Oakville

Price: $1,699,999

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13144052

Discover the charm of this exceptional home nestled on a tranquil, family-friendly street in the sought-after River Oaks community. Boasting a thoughtfully designed, expansive main floor, this residence is perfect for entertaining and hosting family gatherings. The main level features a welcoming living room, elegant dining room, cozy family room with a two sided fireplace connected to the living room, a versatile home office, and convenient access to the garage from the main floor family room. Spanning over 2,700 square feet above grade, this home includes 4 bedrooms plus 2 additional bedrooms in the fully finished lower level, alongside 4 well-appointed bathrooms. The second floor showcases 4 generously sized bedrooms and a charming sitting area with French double doors, ideal for a nursery or additional lounge space. The lower level offers even more living space with a recreation room, kitchenette, two bedrooms, a home gym, and a 3-piece bath. The backyard is your personal sanctuary, complete with mature trees, a gazebo, and ample room for both entertaining and play space for kids. Situated in a prime location with a community centre, top-rated schools, Harman Gate Soccer Field, parks, and shopping all within walking distance, this home perfectly blends comfort and convenience. Additionally, it provides easy access to Highway 407 and 403 for effortless commuting.

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New Listing
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$1,699,999 - 200 Lexington Road, Oakville

Detached for Sale in Oakville

New — Listed 6 days ago
6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13144052
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Description

Discover the charm of this exceptional home nestled on a tranquil, family-friendly street in the sought-after River Oaks community. Boasting a thoughtfully designed, expansive main floor, this residence is perfect for entertaining and hosting family gatherings. The main level features a welcoming living room, elegant dining room, cozy family room with a two sided fireplace connected to the living room, a versatile home office, and convenient access to the garage from the main floor family room. Spanning over 2,700 square feet above grade, this home includes 4 bedrooms plus 2 additional bedrooms in the fully finished lower level, alongside 4 well-appointed bathrooms. The second floor showcases 4 generously sized bedrooms and a charming sitting area with French double doors, ideal for a nursery or additional lounge space. The lower level offers even more living space with a recreation room, kitchenette, two bedrooms, a home gym, and a 3-piece bath. The backyard is your personal sanctuary, complete with mature trees, a gazebo, and ample room for both entertaining and play space for kids. Situated in a prime location with a community centre, top-rated schools, Harman Gate Soccer Field, parks, and shopping all within walking distance, this home perfectly blends comfort and convenience. Additionally, it provides easy access to Highway 407 and 403 for effortless commuting.

Mortgage Calculator

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Estimated Payment

$7,519.67/mo

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5-yr fixed avg.

Principal: $1,359,999Interest: $895,901
Mortgage Amount$1,359,999
Total Interest$895,901
Est. Property Tax$1,204/mo
Total Cost$2,255,900

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

200 Lexington Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$2,792

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 $680/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.

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 6 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 4 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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