$1,499,000 - 283 Vilma Drive, Oakville
Detached for Sale in Oakville
35 days on market- MLS Number
- W13103032
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Lot Size
- 7,308 sqft
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Welcome to a beautifully maintained 4+1-bedroom, 3-bathroom Oakville home in desirable South Bronte. This thoughtfully designed home is ideal for growing families and multi-generational living. Inside, the versatile layout with natural light creates a bright and airy atmosphere. The expansive main floor offers an open concept living/dining room connected seamlessly to the kitchen with gas range, granite counters and walkout to the yard. Continuing on the main floor there is a 2pc powder room, ground floor bedroom currently used as an office, a spacious laundry room that could be converted into a full bathroom and a massive family room with double doors out to the backyard deck with hot tub overlooking the private backyard. The oversized lot expands to over 130' on the south side and almost 70' across the rear making the backyard with mature trees an amazing space for family entertaining. Upstairs, the 3 bedrooms, one with a large sitting area share a nicely appointed 4pc bathroom. The fully finished lower level offers versatility with several above grade windows bringing in natural light. There is a sitting room, office/exercise space, newly renovated 4pc bathroom, rough-in kitchen area awaiting your final touches, a bedroom, plus an enormous recreation room that could be another bedroom or theater. With 2467sqft above grade plus an additional 1388 sqft of finished living space in the basement this gem is much larger than it appears. Excellent parking with the extra long driveway accommodating 6 vehicles plus the double car garage (small car only on one side). Nestled on a quiet street in a highly desirable family-friendly neighbourhood, this property offers the perfect balance of comfort, convenience, and lifestyle with easy access to parks, trails, top-rated schools, shopping, and is a short 15-20min walk from Bronte Harbour! This is a rarely offered affordable opportunity to be South of Rebecca amongst multi-million dollar homes close to the Lake!
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/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.
283 Vilma Drive, Oakville
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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
Competitive Pricing
At $750/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 35 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.
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.