2438 Irene Crescent, Oakville

Price: $2,090,000

4 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12978116

Welcome to 2438 Irene Crescent in Glen Abbey Encore, Oakville. Situated on a quiet, child friendly crescent with minimal through traffic, this beautifully designed 4 bedroom, 5 bathroom home offers the perfect blend of space, light, and modern comfort in one of Oakville's most sought after school districts. With 3,185 sqft above grade, soaring 10ft and 9ft ceilings, and large windows throughout, the home is filled with natural sunlight. The main level features hardwood flooring and ceramic tiles, along with a warm and inviting family living room that flows seamlessly into the breakfast area and kitchen, creating a natural gathering space for everyday moments. The gourmet kitchen is highlighted by custom extended cabinetry and a unique oversized island with seating for five, perfect for casual breakfasts and conversation. Premium appliances include a Sub Zero built in fridge, JennAir gas stove and d/w, KitchenAid wall oven and microwave combo, and a wine cooler. Upstairs offers 4 spacious bedrooms, 3 bathrooms, and a convenient second floor laundry room with upgraded cabinetry. The finished basement includes a 3 piece bathroom and a large open area ideal for a gym, office, and entertainment space. Built in 2022 and located in one of Oakville's newest communities, this nearly new home offers modern construction, contemporary design, and the energy of a growing neighborhood. Close to major highways, parks, pickleball and tennis courts, playgrounds, and a mini soccer field, it is an exceptional opportunity for families seeking a newer home in a vibrant and expanding area. Easy access to major highways and Oakville's amenities including a Wonderful Park and Community Centre with Pickleball, Soccer Field, Playground. Top rated schools. This Home Is A Must See!

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$2,090,000 - 2438 Irene Crescent, Oakville

Detached for Sale in Oakville

4Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12978116
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
4
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to 2438 Irene Crescent in Glen Abbey Encore, Oakville. Situated on a quiet, child friendly crescent with minimal through traffic, this beautifully designed 4 bedroom, 5 bathroom home offers the perfect blend of space, light, and modern comfort in one of Oakville's most sought after school districts. With 3,185 sqft above grade, soaring 10ft and 9ft ceilings, and large windows throughout, the home is filled with natural sunlight. The main level features hardwood flooring and ceramic tiles, along with a warm and inviting family living room that flows seamlessly into the breakfast area and kitchen, creating a natural gathering space for everyday moments. The gourmet kitchen is highlighted by custom extended cabinetry and a unique oversized island with seating for five, perfect for casual breakfasts and conversation. Premium appliances include a Sub Zero built in fridge, JennAir gas stove and d/w, KitchenAid wall oven and microwave combo, and a wine cooler. Upstairs offers 4 spacious bedrooms, 3 bathrooms, and a convenient second floor laundry room with upgraded cabinetry. The finished basement includes a 3 piece bathroom and a large open area ideal for a gym, office, and entertainment space. Built in 2022 and located in one of Oakville's newest communities, this nearly new home offers modern construction, contemporary design, and the energy of a growing neighborhood. Close to major highways, parks, pickleball and tennis courts, playgrounds, and a mini soccer field, it is an exceptional opportunity for families seeking a newer home in a vibrant and expanding area. Easy access to major highways and Oakville's amenities including a Wonderful Park and Community Centre with Pickleball, Soccer Field, Playground. Top rated schools. This Home Is A Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,244.77/mo

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5-yr fixed avg.

Principal: $1,672,000Interest: $1,101,432
Mortgage Amount$1,672,000
Total Interest$1,101,432
Est. Property Tax$1,480/mo
Total Cost$2,773,432

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

2438 Irene Crescent, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,480
Insurance (est.)-$435
Net Cash Flow+$1,885

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 $697/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 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.

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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