$3,199,000 - 250 Gatestone Avenue, Oakville
Detached for Sale in Oakville
48 days on market- MLS Number
- W13068264
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Lot Size
- 15,000 sqft
- Listing Brokerage
- Engel & Volkers Oakville
Tucked away on a picturesque tree - lined street, this pride of ownership home is situated in a sought after neighborhood of East Oakville. Sprawling property of 100 x 150 ft lot size is surrounded by mature trees , professionally landscaped complete w/irrigation and shed (2020). This 5 bedroom home has elegant curb appeal and the driveway conveniently accommodates 6 vehicles with an additional double car garage. Step inside the covered veranda to an oversized foyer featuring a solid wood staircase and lots of natural light from the bay windows showcasing the front gardens. Elegant living room/dining room open concept, carpet free w/custom wood wainscoting. The eat-in kitchen is complete with island, desk area and walk out to a private deck, ideal for entertaining around the outdoor fireplace perfect for your own personal escape. The family room has a cozy wood fireplace w/ walk-out to the backyard deck. The home boasts over 3500 square ft of total liveable space, all five bedrooms on the second level are generous in size and offer comfort and connection for the family . The spacious primary has double door entry , ensuite privileges (renovated 2019) walk in closet and a balcony accommodating lounge chairs and table. The lower level is timeless w/solid wood wet bar and bar fridge and oversized recreation room w/custom wood built-in shelves and custom solid oak wood walls. An additional bathroom , work shop, cedar closet and tons of storage! Excellent schools in the area such as St. Vincents, Oakville Trafalgar Highschool, Maple Grove Public School, St. Mildreds Lightbourne Schools and close proximity to QEW. Follow your Dream, Home.
Estimate your monthly payments for this property
Estimated Payment
$14,150.26/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.
250 Gatestone Avenue, 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 $1066/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 48 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.
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 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.