$3,499,000 - 334 Third Lane, Oakville
Detached for Sale in Oakville
66 days on market- MLS Number
- W12594248
- Property Type
- Detached
- Status
- active
- Days on Site
- 66
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
A showpiece of refined luxury, this home sits on an impressive 77' x 147' lot, where timeless design blends seamlessly with modern sophistication. The grand circular driveway, multiple entry points, and striking stone water feature create an unforgettable arrival experience. Inside, 12-foot ceilings, expansive floor-to-ceiling windows, a custom moss feature wall, and rich hardwood flooring establish a warm yet dramatic atmosphere throughout. At the heart of the home lies a chef-inspired kitchen, thoughtfully designed with sleek quartz countertops, a 10-foot waterfall island, premium built-in stainless steel appliances, central vacuum, kitchen dustpan/sweep inlet and custom full-height cabinetry that elevates both style and function. Upstairs, 10-foot ceilings enhance the sense of space, while the primary suite offers a true private retreat with a custom fireplace, an oversized walk-in closet with tailored organizers, and a spa-like ensuite featuring dual vanities, a deep soaker tub, a glass-enclosed rain shower, and refined finishes. Each additional bedroom includes its own ensuite, ample natural light, and premium details that create individual private sanctuaries. The fully finished lower level provides exceptional versatility, functioning as a self-contained rental suite or a comfortable in-law space with two spacious bedrooms, two full bathrooms, and an open-concept kitchen equipped with upgraded appliances. Outside, the beauty continues with professionally landscaped grounds, fruit trees, a full sprinkler system, a custom deck, and a covered pergola-perfect for outdoor entertaining and year-round enjoyment. A rare offering that exemplifies superior craftsmanship, thoughtful design, and contemporary luxury living.
Estimate your monthly payments for this property
Estimated Payment
$15,477.26/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.
334 Third Lane, 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 25+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 66 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.
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 3,500 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 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.