2071 Pen Street, Oakville

Price: $1,349,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13007246

ORIGINAL OWNER HOME IN SOUGHT-AFTER RIVER OAKS! Ideally located on a quiet street in a mature, family-friendly neighbourhood, just steps to River Oaks Public School, River Oaks Community Centre, and Holy Trinity Catholic Secondary School. Surrounded by parks, ravines, and an extensive trail network, this home offers both convenience and a strong sense of community. Designed for everyday living, the main level features hardwood flooring, open concept living and dining areas, a well-appointed gourmet kitchen with granite countertops and stainless steel appliances, and a sun-filled breakfast area with a walkout to the backyard. The inviting family room is highlighted by a charming brick woodburning fireplace, perfect for relaxed evenings. Upstairs, the oversized primary retreat offers a walk-in closet and beautifully updated four-piece ensuite. Three additional bedrooms and a contemporary four-piece bathroom complete the upper level. The finished basement adds valuable living space with a second family room featuring a brick woodburning fireplace, a spacious recreation/games area, cold room, and ample storage. Steps outside to a beautifully landscaped backyard oasis, complete with a solar-heated inground pool with a concrete surround, and an interlock patio - perfect for summer entertaining and relaxation. Approximately $30,000 in recent upgrades including fresh paint, matching light fixtures, a stained staircase with new runner, and renovated bathrooms. Additional highlights include a concrete front walkway, elegant double entry doors, main floor laundry with side yard access, Berber broadloom throughout the upper level and basement, and an interlock double driveway. Commuting is a breeze with easy access to public transit, major highways, and the GO Station. An exceptional opportunity awaits at 2071 Pen Street in desirable River Oaks! (certain images have been digitally enhanced and virtually staged)

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delisted
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$1,349,000 - 2071 Pen Street, Oakville

Detached for Sale in Oakville

Popular Listing
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13007246
Property Type
Detached
Status
delisted
Days on Site
13
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

ORIGINAL OWNER HOME IN SOUGHT-AFTER RIVER OAKS! Ideally located on a quiet street in a mature, family-friendly neighbourhood, just steps to River Oaks Public School, River Oaks Community Centre, and Holy Trinity Catholic Secondary School. Surrounded by parks, ravines, and an extensive trail network, this home offers both convenience and a strong sense of community. Designed for everyday living, the main level features hardwood flooring, open concept living and dining areas, a well-appointed gourmet kitchen with granite countertops and stainless steel appliances, and a sun-filled breakfast area with a walkout to the backyard. The inviting family room is highlighted by a charming brick woodburning fireplace, perfect for relaxed evenings. Upstairs, the oversized primary retreat offers a walk-in closet and beautifully updated four-piece ensuite. Three additional bedrooms and a contemporary four-piece bathroom complete the upper level. The finished basement adds valuable living space with a second family room featuring a brick woodburning fireplace, a spacious recreation/games area, cold room, and ample storage. Steps outside to a beautifully landscaped backyard oasis, complete with a solar-heated inground pool with a concrete surround, and an interlock patio - perfect for summer entertaining and relaxation. Approximately $30,000 in recent upgrades including fresh paint, matching light fixtures, a stained staircase with new runner, and renovated bathrooms. Additional highlights include a concrete front walkway, elegant double entry doors, main floor laundry with side yard access, Berber broadloom throughout the upper level and basement, and an interlock double driveway. Commuting is a breeze with easy access to public transit, major highways, and the GO Station. An exceptional opportunity awaits at 2071 Pen Street in desirable River Oaks! (certain images have been digitally enhanced and virtually staged)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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

2071 Pen Street, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,063

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 $675/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.

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.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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