237 Burgundy Drive, Oakville

Price: $3,100,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13142768

Tucked into the heart of South-East Oakville's coveted Morrison neighbourhood, this exceptional bungalow offers an extraordinary opportunity to enjoy one of the area's most prestigious and walkable settings. Surrounded by towering mature trees and beautifully established gardens, the property is just a short stroll to Downtown Oakville, the lakefront, and the scenic beauty of Gairloch Gardens, while also being ideally positioned near some of Oakville's most highly regarded public and private schools.Set on a spectacular lot with an impressive and rare 136-foot frontage, the home combines timeless appeal with remarkable space both inside and out. The expansive backyard is a private retreat designed for entertaining and relaxation, featuring a saltwater pool framed by lush landscaping and generous green space.Offering approximately 2,800 square feet on the main level, this substantial bungalow is thoughtfully designed for comfortable family living. The main floor features four spacious bedrooms, large principal rooms, and oversized windows that fill the home with natural light while offering beautiful views of the surrounding property. The layout provides an ideal balance of openness and functionality, perfectly suited for both everyday living and entertaining.The lower level extends the living space dramatically with a massive recreation area and a unique walk-up from the family room. Endless possibilities for family gatherings, games, fitness, media, or multi-generational living. Rarely does a property combine such significant interior space with an oversized lot in one of Oakville's most sought-after neighbourhoods. This is a home that offers not only exceptional comfort today, but also a truly special lifestyle for years to come.

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$3,100,000 - 237 Burgundy Drive, Oakville

Detached for Sale in Oakville

5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13142768
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
Sotheby's International Realty Canada, Brokerage
Description

Tucked into the heart of South-East Oakville's coveted Morrison neighbourhood, this exceptional bungalow offers an extraordinary opportunity to enjoy one of the area's most prestigious and walkable settings. Surrounded by towering mature trees and beautifully established gardens, the property is just a short stroll to Downtown Oakville, the lakefront, and the scenic beauty of Gairloch Gardens, while also being ideally positioned near some of Oakville's most highly regarded public and private schools.Set on a spectacular lot with an impressive and rare 136-foot frontage, the home combines timeless appeal with remarkable space both inside and out. The expansive backyard is a private retreat designed for entertaining and relaxation, featuring a saltwater pool framed by lush landscaping and generous green space.Offering approximately 2,800 square feet on the main level, this substantial bungalow is thoughtfully designed for comfortable family living. The main floor features four spacious bedrooms, large principal rooms, and oversized windows that fill the home with natural light while offering beautiful views of the surrounding property. The layout provides an ideal balance of openness and functionality, perfectly suited for both everyday living and entertaining.The lower level extends the living space dramatically with a massive recreation area and a unique walk-up from the family room. Endless possibilities for family gatherings, games, fitness, media, or multi-generational living. Rarely does a property combine such significant interior space with an oversized lot in one of Oakville's most sought-after neighbourhoods. This is a home that offers not only exceptional comfort today, but also a truly special lifestyle for years to come.

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Estimated Payment

$13,712.35/mo

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5-yr fixed avg.

Principal: $2,480,000Interest: $1,633,704
Mortgage Amount$2,480,000
Total Interest$1,633,704
Est. Property Tax$2,196/mo
Total Cost$4,113,704

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

237 Burgundy Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$2,196
Insurance (est.)-$646
Net Cash Flow+$1,108

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

Premium Pricing

At $1240/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 20 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.

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 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.

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    237 Burgundy Drive, Oakville — $3,100,000 | Battaglia Team