261 Pinehurst Drive, Oakville

Price: $2,258,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13004970

Experience the pinnacle of South Oakville living in the prestigious Eastlake community. This exceptional property is situated on a generous 100' x 150' level lot, featuring an expansive, flat backyard and excellent future potential. Nestled on a serene, quiet street with no sidewalks, the home is surrounded by multi-million dollar luxury estates, ensuring an elite and private neighborhood atmosphere. The residence itself is immaculately maintained and filled with natural light, offering a functional 5-bedroom and 3-full-bathroom layout with shimmering hardwood floors throughout. Freshly painted and professionally touched up, this bright and airy home is move-in ready. Offering approximately 1,733 sq.ft (main and upper levels, as per MPAC), this 4-level split home provides additional living space on the lower level, which is not included in the MPAC measurement. The lower level features a spacious family room, an additional bedroom, a full bathroom, and a dedicated laundry area-ideal for extended family living or flexible use. A part finished basement further expands the home's overall living space. Just steps from the tranquil shores of Lake Ontario and only minutes to walk to the top-ranked Oakville Trafalgar High School, this is an outstanding opportunity to secure a premium lifestyle and a significant land asset in Oakville's most coveted enclave. Whether you are looking for a move-in ready home for your family or a premium land asset to build your future legacy, this property offers the best of both worlds. Don't miss your chance to own a piece of South Oakville's most prestigious neighborhood.

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$2,258,000 - 261 Pinehurst Drive, Oakville

Detached for Sale in Oakville

Popular Listing
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13004970
Property Type
Detached
Status
active
Days on Site
13
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
EXP REALTY
Description

Experience the pinnacle of South Oakville living in the prestigious Eastlake community. This exceptional property is situated on a generous 100' x 150' level lot, featuring an expansive, flat backyard and excellent future potential. Nestled on a serene, quiet street with no sidewalks, the home is surrounded by multi-million dollar luxury estates, ensuring an elite and private neighborhood atmosphere. The residence itself is immaculately maintained and filled with natural light, offering a functional 5-bedroom and 3-full-bathroom layout with shimmering hardwood floors throughout. Freshly painted and professionally touched up, this bright and airy home is move-in ready. Offering approximately 1,733 sq.ft (main and upper levels, as per MPAC), this 4-level split home provides additional living space on the lower level, which is not included in the MPAC measurement. The lower level features a spacious family room, an additional bedroom, a full bathroom, and a dedicated laundry area-ideal for extended family living or flexible use. A part finished basement further expands the home's overall living space. Just steps from the tranquil shores of Lake Ontario and only minutes to walk to the top-ranked Oakville Trafalgar High School, this is an outstanding opportunity to secure a premium lifestyle and a significant land asset in Oakville's most coveted enclave. Whether you are looking for a move-in ready home for your family or a premium land asset to build your future legacy, this property offers the best of both worlds. Don't miss your chance to own a piece of South Oakville's most prestigious neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,987.90/mo

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5-yr fixed avg.

Principal: $1,806,400Interest: $1,189,969
Mortgage Amount$1,806,400
Total Interest$1,189,969
Est. Property Tax$1,599/mo
Total Cost$2,996,369

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

261 Pinehurst Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,599
Insurance (est.)-$470
Net Cash Flow+$1,531

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

Premium Pricing

At $1505/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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 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.

Investment Perspective

Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,408 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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