$1,639,000 - 241 Lexington Road, Oakville
Detached for Sale in Oakville
- MLS Number
- W13116222
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RIGHT AT HOME REALTY
Stunning "Carriage style" 3+2 bedroom detached home on a highly desirable street in one of Oakville's most sought after communities of River Oaks! This beautifully maintained and updated home offers exceptional space, functionality, and flexibility with a highly desirable layout featuring 3 oversized upper bedrooms (larger than those found in many 4-bedroom homes) plus 2 large lower level bedrooms and 4 bathrooms. Gleaming hardwood floors, crown moulding, California shutters and smooth ceilings throughout, this home showcases quality finishes and pride of ownership. Main floor offers spacious Dining room, versatile living/office space, a welcoming Family room with gas fireplace. The recently updated Kitchen features modern white cabinetry, large center island, BI appliances, granite countertops, stone backsplash, pantry w/pull-outs, ample storage, making it perfect for everyday living and entertaining. The spacious primary retreat offers double door entry and a recently renovated 5-piece ensuite complete with quartz countertops, double sinks, standalone tub, and glass shower enclosure. 2 other large bedrooms share a professionally renovated 4 piece bath. Professionally finished basement offers incredible versatility with 2 additional bedrooms, a 3-piece bathroom, spacious rec room with stone accent wall and built-in cabinetry-ideal for extended family, guests, office space, gym, or hobby rooms. Offering rare 5 bedroom functionality, 4 bathrooms, and parking for 5 vehicles, this home delivers exceptional value in a sought-after location. Additional updates include: 2 Upper Bathrooms Renovated (2021) Roof (2013), Furnace (2017), A/C (2018), New Gate (2020), Washer & Dryer (2021) KitchenAid electric cooktop (2021), and LG oven (2025). Ideal for growing families, work-from-home professionals, or multigenerational living. A rare blend of generous room sizes, modern upgrades, and flexible living space, this is one you don't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$7,249.85/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.
241 Lexington 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 30+ years of GTA real estate experience
Fair Market Value
At $820/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.
Market Position
At 27 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 4 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.