2371 Calloway Drive, Oakville

Price: $1,995,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13154094

Welcome to this beautifully updated family home in Oakville's sought-after Westmount community, backing onto lush greenery & scenic trails for a private setting. Situated on a premium landscaped lot, this home offers over 4,260 sq. ft. of updated living space & was extensively renovated in 2023. Features hardwood flooring throughout the main living areas, upper hallway & all bdrms, crown moulding, California shutters & modern neutral finishes T/O. Functional layout with main floor office, combined living/dining area & sun-filled family room with coffered ceilings & gas fireplace open to the chef-inspired kitchen. Bright open-concept kitchen & breakfast area featuring oversized centre island with breakfast bar seating, quartz counters with waterfall edge detail, quartz backsplash, extended white cabinetry with glass display accents, walk-in pantry, stainless steel appliances, undermount sink, upgraded lighting, pot lights & large-format porcelain tile flooring. Spacious breakfast area with walk-out to the fully fenced backyard featuring a large deck overlooking greenspace. Wood staircase with upgraded spindles leads to the upper level offering 4 spacious bdrms including a luxurious primary retreat with 2 walk-in closets & spa-like ensuite with double sinks, glass shower, soaker tub & water closet. Bdrms 2 & 3 share semi-ensuite access to a 4-pc bath. Additional 4-pc bath & upper-level laundry with built-in cabinetry, counter space & utility sink. Fully finished lower level with pot lights, laminate flooring, large rec room, 5th bdrm & full bath. Additional features include central vac, roof replaced in 2018, double car garage with inside entry & double driveway parking. Close to top-rated schools, parks, trails, shopping, transit, Oakville Trafalgar Hospital & major highways.

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$1,995,000 - 2371 Calloway Drive, Oakville

Detached for Sale in Oakville

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13154094
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

Welcome to this beautifully updated family home in Oakville's sought-after Westmount community, backing onto lush greenery & scenic trails for a private setting. Situated on a premium landscaped lot, this home offers over 4,260 sq. ft. of updated living space & was extensively renovated in 2023. Features hardwood flooring throughout the main living areas, upper hallway & all bdrms, crown moulding, California shutters & modern neutral finishes T/O. Functional layout with main floor office, combined living/dining area & sun-filled family room with coffered ceilings & gas fireplace open to the chef-inspired kitchen. Bright open-concept kitchen & breakfast area featuring oversized centre island with breakfast bar seating, quartz counters with waterfall edge detail, quartz backsplash, extended white cabinetry with glass display accents, walk-in pantry, stainless steel appliances, undermount sink, upgraded lighting, pot lights & large-format porcelain tile flooring. Spacious breakfast area with walk-out to the fully fenced backyard featuring a large deck overlooking greenspace. Wood staircase with upgraded spindles leads to the upper level offering 4 spacious bdrms including a luxurious primary retreat with 2 walk-in closets & spa-like ensuite with double sinks, glass shower, soaker tub & water closet. Bdrms 2 & 3 share semi-ensuite access to a 4-pc bath. Additional 4-pc bath & upper-level laundry with built-in cabinetry, counter space & utility sink. Fully finished lower level with pot lights, laminate flooring, large rec room, 5th bdrm & full bath. Additional features include central vac, roof replaced in 2018, double car garage with inside entry & double driveway parking. Close to top-rated schools, parks, trails, shopping, transit, Oakville Trafalgar Hospital & major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,824.56/mo

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5-yr fixed avg.

Principal: $1,596,000Interest: $1,051,367
Mortgage Amount$1,596,000
Total Interest$1,051,367
Est. Property Tax$1,413/mo
Total Cost$2,647,367

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

2371 Calloway Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,413
Insurance (est.)-$416
Net Cash Flow+$2,371

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 $665/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 26 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.

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.

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    2371 Calloway Drive, Oakville — $1,995,000 | Battaglia Team