266 Tracina Drive, Oakville

Price: $3,199,000

4 bedrooms, 5 bathrooms

3,500 sq ft

Property Type: Single Family Home

MLS#: W12749178

Welcome to 266 Tracina Dr, a 3,713 sq ft above grade, custom-built home in the heart of Coronation Park, one of southwest Oakville's most sought-after neighbourhoods. Known for its meandering streets, mature trees & mix of charming homes alongside luxury custom builds, this community offers a true lakeside lifestyle w/ trails, parks & top-rated schools all close at hand. This single-owner residence was designed entirely w/ family life in mind and has been lovingly maintained inside & out. The floor plan balances open concept living w/ formal spaces, creating a home that's both practical & elegant. A double-storey foyer sets the tone, leading to a private dining room and a great room w/vaulted ceiling & fireplace that feels like a cozy library; warm, stylish & inviting. Floor-to-ceiling windows & 3 sets of French doors to the backyard flood the home with natural light, complemented by refinished cherry hardwood floors high ceilings & a family room w/ wood burning fireplace. At the heart of the home, the kitchen offers a large island & a commercial-grade Viking gas range w/dbl oven. Upstairs, you'll find 4 generously sized bedrooms, including a primary suite w/ ensuite, a 2nd bedroom w/ensuite & 2 additional bedrooms that share a bath. The fully finished lower level extends the living space w/ a walk-up to the backyard, a new wet bar with all the trimmings & tv, plus a huge seating area, full bath, hobby/storage room, cantina & plenty of storage. Every day conveniences include a hard-working mudroom with 2 storage closets & plenty of space, a main level laundry & a 3pc bath perfectly located for guests & swimmers alike. Outdoors, the family-friendly design continues. An inviting front porch connects you with the neighbourhood, while the private backyard is a true retreat complete w/ pool, hot tub, landscaped & hardscaped patio w/ multiple seating areas. A wonderful blend of comfort, function, and charm in one of Oakville's most cherished communities.

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$3,199,000 - 266 Tracina Drive, Oakville

Single Family Home for Sale in Oakville

4Beds
5Baths
3,500Sq Ft
Single Family Home
Property Details
MLS Number
W12749178
Property Type
Single Family Home
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
5
Square Feet
3,500 sqft
Neighbourhood
Oakville
Lot Size
11,571 sqft
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

Welcome to 266 Tracina Dr, a 3,713 sq ft above grade, custom-built home in the heart of Coronation Park, one of southwest Oakville's most sought-after neighbourhoods. Known for its meandering streets, mature trees & mix of charming homes alongside luxury custom builds, this community offers a true lakeside lifestyle w/ trails, parks & top-rated schools all close at hand. This single-owner residence was designed entirely w/ family life in mind and has been lovingly maintained inside & out. The floor plan balances open concept living w/ formal spaces, creating a home that's both practical & elegant. A double-storey foyer sets the tone, leading to a private dining room and a great room w/vaulted ceiling & fireplace that feels like a cozy library; warm, stylish & inviting. Floor-to-ceiling windows & 3 sets of French doors to the backyard flood the home with natural light, complemented by refinished cherry hardwood floors high ceilings & a family room w/ wood burning fireplace. At the heart of the home, the kitchen offers a large island & a commercial-grade Viking gas range w/dbl oven. Upstairs, you'll find 4 generously sized bedrooms, including a primary suite w/ ensuite, a 2nd bedroom w/ensuite & 2 additional bedrooms that share a bath. The fully finished lower level extends the living space w/ a walk-up to the backyard, a new wet bar with all the trimmings & tv, plus a huge seating area, full bath, hobby/storage room, cantina & plenty of storage. Every day conveniences include a hard-working mudroom with 2 storage closets & plenty of space, a main level laundry & a 3pc bath perfectly located for guests & swimmers alike. Outdoors, the family-friendly design continues. An inviting front porch connects you with the neighbourhood, while the private backyard is a true retreat complete w/ pool, hot tub, landscaped & hardscaped patio w/ multiple seating areas. A wonderful blend of comfort, function, and charm in one of Oakville's most cherished communities.

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Estimated Payment

$14,150.26/mo

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5-yr fixed avg.

Principal: $2,559,200Interest: $1,685,877
Mortgage Amount$2,559,200
Total Interest$1,685,877
Est. Property Tax$2,266/mo
Total Cost$4,245,077

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

266 Tracina Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,050/mo
Range: $3,443 - $4,658
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,050
Maintenance Fees-$0
Property Tax (est.)-$2,266
Insurance (est.)-$666
Net Cash Flow+$1,118

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $914/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.

Market Position

At 26 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.

Larger Home Realities

At 3,500 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.

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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