$2,999,000 - 3 Marvin Avenue Unit 1, 2, 3, Oakville
Multi-Family for Sale in Oakville
136 days on market- MLS Number
- W12088491
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 136
- Bedrooms
- 8
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- EXP REALTY
Modern Fully Freehold Triplex in North Oakville! Over 5400 sq ft of True investors delight , 2 income generating Residential units with rare corner commercial ground floor unit facing the main road at Sixth Line! Perfect for a multitude of commercial and business operations, the list for group D commercial usage is endless! 2 Residential towns are over 2000 sq ft each offering 3 bedrooms, individual garages, private entry and beautiful balconies!This stylish property allows you to live and work in one upscale location, or earn a great income and ROI via Rental. Brand new sub-divison in North Oakville Situated just north of Dundas, offers ideal location for starting your commercial venture .Its surrounded by the Natural Heritage System, offering a unique blend of urban living and nature. Enjoy access to top-rated schools, scenic parks, trails, modern shopping, trendy dining, and close proximity to major highways( 407, 403), GO Station, Sheridan College, and Oakville's vibrant downtown and lakefront.The residential units feature 9 ft ceilings, hardwood flooring, The kitchen boasts of Stainless Steel appliances, granite countertops and extended cabinets, . The master suite offers a walk-in closet and a 3-pc ensuite with a frameless glass shower. Live luxuriously while building your business this property truly has it all!
Estimate your monthly payments for this property
Estimated Payment
$13,265.59/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 Unit 1, 2, 3, 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 $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.
Negotiation Opportunity
At 136 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 6 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.