$1,990,000 - 224 Cherryhurst Road, Oakville
New Construction for Sale in Oakville
34 days on market- MLS Number
- W12827258
- Property Type
- New Construction
- Status
- active
- Days on Site
- 34
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- KINGSWAY EXECUTIVE REALTY INC.
Thoughtfully designed and impeccably finished for a Luxurious living in Over 3700 SQF detached home in a 45 feet Lot on a quiet, family-friendly street in one most desirable and well established neighbourhood of Oakville. perfect combination of functionality, comfort and upscale living space. Open concept great room with waffle ceiling, Elegant carpet free home, 10 feet ceiling in main floor soaring 9 feet ceiling in second floor , oversized windows that bring in abundant natural light. The chefs kitchen complete with a large centre island, Granite countertops, stainless steel appliances, upgraded cabinetry. The formal dining room and spacious great room(Living room) make it perfect for both everyday living and entertaining. A spacious Room with Picture window and 3pcs Ensuite that can have used as Guest room/Office/in-law or 5th Bedroom. A spacious second-floor family room offers additional living space ideal for a media room, kids lounge, or study area with access to a large Balcony. 4 Bedrooms, Each with Access To Full Bathroom. Comfortable second floor Laundry Room with front load Washer/Dryer. Minutes to Oakville hospital, shopping centers, Walmart & Costco, 407, 401, 403 & QEW , Over $200,000 in premium upgrades
Estimate your monthly payments for this property
Estimated Payment
$8,802.44/mo
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.
224 Cherryhurst Road, 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
Competitive Pricing
At $569/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.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 5 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.