$985,000 - 2202 Margot Street, Oakville
Semi-Detached for Sale in Oakville
New — Listed 3 days ago- MLS Number
- W12949350
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
SOUGHT-AFTER RIVER OAKS LOCATION BACKING ONTO MUNN'S CREEK! Nestled in a welcoming, family-oriented neighbourhood surrounded by parks and scenic trails, this home is just steps to River Oaks Public School, River Oaks Community Centre, and Holy Trinity Catholic Secondary School, with Rotherglen School also within easy walking or biking distance. Welcome to 2202 Margot Street, a two-storey semi-detached with a finished basement, backing onto a ravine offering incredible privacy. The main level offers a practical and inviting layout with an oversized living room offering a sliding door walkout to the deck, seamlessly connected to the dining area, and a well-appointed kitchen with abundant cabinetry, stainless steel appliances, and a bright breakfast area. Upstairs, you'll find three spacious bedrooms and an updated four-piece bathroom. The finished lower level expands your living space with a large recreation area with laminate flooring - ideal for a media room, games area, or home office. Additional details include hardwood flooring throughout the living and dining areas, convenient garage access through the powder room, and a premium 118' deep lot. Step outside to a private, fully fenced backyard setting that is perfect for relaxing or entertaining. Enjoy a custom deck with built-in bench seating, mature trees and landscaping, and a handy storage shed. An exceptional opportunity to own in one of River Oaks' most desirable enclaves, offering a perfect blend of comfort, convenience, and lifestyle. (certain exterior images have been digitally enhanced)
Estimate your monthly payments for this property
Estimated Payment
$5,053.56/mo
Includes CMHC insurance ($27,482)
5-yr fixed avg.
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.
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
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.
2202 Margot Street, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $895/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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.