248 Wales Crescent, Oakville

Price: $1,358,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W12741900

Beautifully upgraded detached home, fully renovated in 2023, situated on a premium 117 x 60 corner lot. This stunning residence showcases luxury finishes throughout, including engineered hardwood flooring and soaring 9.5-ft ceilings that enhance the bright, open-concept main floor layout. Flooded with natural light from numerous new thermal windows (2023) and beautiful stone fireplace, the home invites you in. The gourmet kitchen is a showstopper, featuring a marble range hood, expansive center island with abundant storage, and seamless flow into the living and dining areas-perfect for both everyday living and entertaining. Offering 4 bedrooms above grade, and three renovated full bathrooms (2023), there's room for everyone. The fully finished lower level includes a spacious mudroom, large laundry room, and additional living space, ideal for family or guests. Additional highlights include a one-car garage, two-car driveway, and a fully fenced yard with (new fence 2023) providing privacy and outdoor enjoyment. A rare pool-sized lot opportunity combining modern luxury, thoughtful design, and turnkey convenience.

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$1,358,000 - 248 Wales Crescent, Oakville

Detached for Sale in Oakville

138 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W12741900
Property Type
Detached
Status
active
Days on Site
138
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Description

Beautifully upgraded detached home, fully renovated in 2023, situated on a premium 117 x 60 corner lot. This stunning residence showcases luxury finishes throughout, including engineered hardwood flooring and soaring 9.5-ft ceilings that enhance the bright, open-concept main floor layout. Flooded with natural light from numerous new thermal windows (2023) and beautiful stone fireplace, the home invites you in. The gourmet kitchen is a showstopper, featuring a marble range hood, expansive center island with abundant storage, and seamless flow into the living and dining areas-perfect for both everyday living and entertaining. Offering 4 bedrooms above grade, and three renovated full bathrooms (2023), there's room for everyone. The fully finished lower level includes a spacious mudroom, large laundry room, and additional living space, ideal for family or guests. Additional highlights include a one-car garage, two-car driveway, and a fully fenced yard with (new fence 2023) providing privacy and outdoor enjoyment. A rare pool-sized lot opportunity combining modern luxury, thoughtful design, and turnkey convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,006.89/mo

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5-yr fixed avg.

Principal: $1,086,400Interest: $715,668
Mortgage Amount$1,086,400
Total Interest$715,668
Est. Property Tax$962/mo
Total Cost$1,802,068

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

248 Wales Crescent, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$962
Insurance (est.)-$283
Net Cash Flow+$1,955

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

Fair Market Value

At $905/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.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 3 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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    248 Wales Crescent, Oakville | $1,358,000 | Battaglia Team