257 Hanover Street, Oakville

Price: $2,459,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Townhouse

MLS#: W13038368

Location and luxury converge in central Oakville's prestigious Royal Oakville Club, where this exceptional Fernbrook-built designer townhome showcases sophisticated living space, complete with a private elevator, three walkouts, and an expansive rooftop terrace ideal for upscale entertaining. Superior craftsmanship is evident throughout, with hand-scraped hardwood flooring, 9' and 10' ceilings, deep baseboards, an elegant oak staircase with iron pickets, pot lighting, designer tiles, and stone countertops. The main level offers grand principal rooms, including an oversized formal living/dining room and an impressive family room that share a striking two-sided gas fireplace. Indulge in the chef-inspired kitchen featuring custom two-tone cabinetry with under-cabinet lighting, premium Sub-Zero and Wolf appliances, quartz counters, and a large island. The bright breakfast room opens to a partially covered terrace with composite wood flooring for effortless indoor-outdoor living. Upstairs comprises, three beautiful bedrooms, two full bathrooms, and a convenient laundry room. The luxurious primary retreat offers a private balcony, oversized walk-in closet, and spa-like 5-piece ensuite with freestanding soaker tub and a glass shower. The versatile ground level offers a fourth bedroom,new broadloom, wet bar, full 4-piece bathroom, and mudroom with inside access to the double garage. Enjoy sun-filled days and starlit evenings on the private rooftop terrace, all within walking distance to Lake Ontario, downtown Oakville, fine dining, cafés, and boutique shopping-an unparalleled blend of elegance, convenience, and lifestyle.

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$2,459,000 - 257 Hanover Street, Oakville

Townhouse for Sale in Oakville

51 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Townhouse
Property Details
MLS Number
W13038368
Property Type
Townhouse
Status
active
Days on Site
51
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Location and luxury converge in central Oakville's prestigious Royal Oakville Club, where this exceptional Fernbrook-built designer townhome showcases sophisticated living space, complete with a private elevator, three walkouts, and an expansive rooftop terrace ideal for upscale entertaining. Superior craftsmanship is evident throughout, with hand-scraped hardwood flooring, 9' and 10' ceilings, deep baseboards, an elegant oak staircase with iron pickets, pot lighting, designer tiles, and stone countertops. The main level offers grand principal rooms, including an oversized formal living/dining room and an impressive family room that share a striking two-sided gas fireplace. Indulge in the chef-inspired kitchen featuring custom two-tone cabinetry with under-cabinet lighting, premium Sub-Zero and Wolf appliances, quartz counters, and a large island. The bright breakfast room opens to a partially covered terrace with composite wood flooring for effortless indoor-outdoor living. Upstairs comprises, three beautiful bedrooms, two full bathrooms, and a convenient laundry room. The luxurious primary retreat offers a private balcony, oversized walk-in closet, and spa-like 5-piece ensuite with freestanding soaker tub and a glass shower. The versatile ground level offers a fourth bedroom,new broadloom, wet bar, full 4-piece bathroom, and mudroom with inside access to the double garage. Enjoy sun-filled days and starlit evenings on the private rooftop terrace, all within walking distance to Lake Ontario, downtown Oakville, fine dining, cafés, and boutique shopping-an unparalleled blend of elegance, convenience, and lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,876.99/mo

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5-yr fixed avg.

Principal: $1,967,200Interest: $1,295,896
Mortgage Amount$1,967,200
Total Interest$1,295,896
Est. Property Tax$1,742/mo
Total Cost$3,263,096

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

257 Hanover Street, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,980/mo
Range: $3,383 - $4,577
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,980
Maintenance Fees-$0
Property Tax (est.)-$1,742
Insurance (est.)-$512
Net Cash Flow+$1,726

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 $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.

Negotiation Opportunity

At 51 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.

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 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.

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    257 Hanover Street, Oakville — $2,459,000 | Battaglia Team