$2,899,900 - 3 Marvin Avenue, Oakville
Detached for Sale in Oakville
New — Listed yesterday- MLS Number
- W13440402
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome To 3 Marvin Ave Oakville - 2025 Built - Rare Find Property, 5400 sqft FreeHold Live & Work Unit, Own a Commercial Space as well as Residential under one roof, Prime Corner Location, High Demand Area, Run Any Kind Of Business or Lease Out For Extra Income, Don't Miss This Opportunity, Main Floor Commercial Space has been rented to 2 different tenants , one is dry clean business and other is tutoring business, commercial space is fully professionally finished with glass walls & doors, Corner unit Extra Large Size windows for lots of natural light, Commercial Space On Main floor with Having 2 Separate Apartments Above, Both Residential Apartments are 4 - 4 Bedroom Each, All Upgraded With Granite counter tops , stainless steel appliances , 2 Kitchens, 3 car Garages Plus All Units Has their own private Driveways, Both residential units has 2 - 2 balconies each, Plenty of car parking, Access to residential Apartments from commercial space, Oak Stairs, Hardwood Floors, Open Concept, Access to garage from commercial space and residential, property offering a versatile opportunity for both investors and end-users, The main level features a well-positioned commercial space with strong visibility and a functional layout suitable for a variety of business uses, The property supports multiple income streams, making it a strong investment with potential for stable cash flow, Property Located In High Density Residential Area Plus Much More Development upcoming in the area, Its flexible configuration allows for owner-occupancy, rental income, or a combination of both. Situated in a high-demand area with great exposure, accessibility, close to all amenities parks, schools, hwys & much more.
Estimate your monthly payments for this property
Estimated Payment
$12,827.24/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.
3 Marvin Avenue, Oakville
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Monthly Cash Flow Breakdown
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 $580/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Oakville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 5,000 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 8 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 7 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.