2938 Mulberry Drive, Oakville

Price: $1,799,000

6 bedrooms, 4 bathrooms

3,000 sq ft

Property Type: Single Family Home

MLS#: W12524062

Let's Make a Deal!!! Huge 4+2 Clearview home (Trillium Model By Sena Homes) has been beautifully maintained and updated,throughout the years, nothing is original! Big and bright, this home is just waiting for those large family gatherings or hosting parties, openconcept design encourages conversation and comradery. You'll find generous principal rooms including a bright and open living room that isopen to the kitchen, with lots of cupboard storage, main floor laundry too. Main floor office is ideal for those working from the comfort of their home. The sweeping staircase leads to the well sized bedrooms, designed for comfort. Primary bedroom has a huge walk in closet, spalikeensuite bathroom and even enough space for a sitting room. The walkout basement is fully finished and set up as a self-contained rentalunit, complete with its own kitchen, bathroom, living space and 2 bedrooms - ideal for tenants, extended family, or as a mortgage helper.Whether you're looking for a family home with income potential or a turn-key investment property, this residence delivers space, versatilityand opportunity. Close to Clarkson GO train and top rated schools (Fraser report), this home is perfect for a commuter or those wantingaccess to incredible amenities. Yes, there is even a view of Lake Ontario from one of the bedrooms! A rare opportunity to own a versatile home that is ideal for families or investors alike!

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$1,799,000 - 2938 Mulberry Drive, Oakville

Single Family Home for Sale in Oakville

6Beds
4Baths
3,000Sq Ft
Single Family Home
Property Details
MLS Number
W12524062
Property Type
Single Family Home
Status
active
Days on Site
30
Bedrooms
6
Bathrooms
4
Square Feet
3,000 sqft
Neighbourhood
Oakville
Lot Size
5,780 sqft
Listing Brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Description

Let's Make a Deal!!! Huge 4+2 Clearview home (Trillium Model By Sena Homes) has been beautifully maintained and updated,throughout the years, nothing is original! Big and bright, this home is just waiting for those large family gatherings or hosting parties, openconcept design encourages conversation and comradery. You'll find generous principal rooms including a bright and open living room that isopen to the kitchen, with lots of cupboard storage, main floor laundry too. Main floor office is ideal for those working from the comfort of their home. The sweeping staircase leads to the well sized bedrooms, designed for comfort. Primary bedroom has a huge walk in closet, spalikeensuite bathroom and even enough space for a sitting room. The walkout basement is fully finished and set up as a self-contained rentalunit, complete with its own kitchen, bathroom, living space and 2 bedrooms - ideal for tenants, extended family, or as a mortgage helper.Whether you're looking for a family home with income potential or a turn-key investment property, this residence delivers space, versatilityand opportunity. Close to Clarkson GO train and top rated schools (Fraser report), this home is perfect for a commuter or those wantingaccess to incredible amenities. Yes, there is even a view of Lake Ontario from one of the bedrooms! A rare opportunity to own a versatile home that is ideal for families or investors alike!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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

2938 Mulberry Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$2,951

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

Competitive Pricing

At $600/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 30 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 3,000 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 6 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.

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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