$1,489,000 - 318 Mary Street, Oakville
Detached for Sale in Oakville
33 days on market- MLS Number
- W13124136
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- ROYAL LEPAGE REALTY PLUS OAKVILLE
Your search is over! In a league of it's own - offering the perfect blend of modern style, comfort, 2836 SF functional living space over 4 levels, in exceptional condition - perfect for modern families - bright, beautifully updated, 3+2 beds, 2 baths. Bright, open-concept layout, fabulous flow, function, spacious principal rooms & tasteful neutral décor. Main floor showcases warm hardwood floors, foyer with closet, living room with FP & dining rm, with oversized windows flooding with natural light. Modern white renovated kitchen, stainless appls, quartz countrs, & glass doors with views & access to the back yard & pool, seamlessly connecting indoor & outdoor living. Upper level offers 3 beds & a stunning spa-like bath with stand-alone tub, sep shower & skylight, & linen closet. Lower level, huge above-grade windows with a 4th bed, a full bath with w-i shower, and large inviting family rm (or 5th bed), gas FP. Finished full-size basemt offers large open rec room with a wet/bar kitchenette, laundry utility rm, and convenient walk-up separate entrance to back yard - perfect to create separate suite. Curb appeal & double garage access from front porch & side yard. (New garage doors & openers 2023). Driveway parking - 3 wide. Furn & AC (2018) Owned HWT. Breathtaking south-facing back yard retreat, private, with salt water pool, & fenced in lawn area to enjoy. Front & rear yard landscaping (2023), sprinkler (2023), wrought iron fencing (2025), patio (2023), salt H20 pool (converted in 2024), pump & cartridge filter (2024), liner (2018), Heater (2023), safety cover (2023). Polaris Pool Robot (2023). Pony panel (2023). Centrally located in a desirable neighbourhd known for top-rated schools incl W.H. Morden (Gifted Progrm), walk to Lake, Oakv Harbour, DT Oakville, Trafalgar Park Comm Ctr, YMCA, Appleby, Oakville Performg Arts & Library, close to Bronte Harbour, GO & QEW, Glen Abbey Golf Course, QE Cult & Comm Ctr, amenities! Nothing to do but move in & enjoy your new home!
Estimate your monthly payments for this property
Estimated Payment
$6,586.35/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.
318 Mary Street, Oakville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Premium Pricing
At $1354/sqft, this property is priced above the Oakville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 33 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.
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.
Investment Perspective
Looking at this as an investment: Oakville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.