$1,758,000 - 231 Butterfly Lane, Oakville
Single Family Home for Sale in Oakville
32 days on market- MLS Number
- W12699576
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Stunning executive home on a large pool size lot, situated on a quiet street with no sidewalk in the prestigious Lakeshore Woods community. This beautiful residence offers appx 4,100 sqft of elegant living space (2,963 Sqft above grade plus a finished basement). $$$ Recently upgraded and move-in ready, appx $60k spent on renovation $$$. Carpet free throughout, featuring brand new wide plank engineered hardwood flooring on main and second floors (2025) and freshly painted interiors (2025). Bright and spacious living room with soaring 18Ft cathedral ceiling and large windows brings in abundant natural light. The gourmet kitchen boasts stainless steel appliances, center island, granite countertops, pot lights and plenty of cabinetry. Laundry room is conveniently located on the main floor. Combined with an open concept office/ study that can be converted back into a separate room. Upstairs features 4 generous bedrooms including a luxurious primary suite with sitting area, 2 closets and a 5pc ensuite. The fully finished basement offers a 5th bedroom, a bonus room, 3pc bath and a large recreation area with a relaxing bar. Enjoy the private backyard oasis, beautifully landscaped with a low-maintenance composite deck and glass railings, perfect for entertaining or quiet retreat. Prime location just steps to the lake and South Shell Park Beach. Minutes to Bronte Village, Bronte Harbour, QEW and 10min drive to Appleby GO Station, top school district. Short walking distance to Shell Park's tennis and pickleball courts, bike trails and new shopping plazas.
Estimate your monthly payments for this property
Estimated Payment
$7,776.23/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.
231 Butterfly Lane, 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 $586/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 32 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 3,000 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.