$2,265,000 - 362 Fourth Line, Oakville
Detached for Sale in Oakville
132 days on market- MLS Number
- W12754188
- Property Type
- Detached
- Status
- active
- Days on Site
- 132
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Lot Size
- 27,330 sqft
- Listing Brokerage
- Sotheby's International Realty Canada, Brokerage
Extraordinary property tucked on a quiet street in south Oakville. This is an exceptional opportunity to build your dream home. With 100' frontage and a rare 272' depth there is room for inspired design - both architecturally and for your dream landscape. The current owners have enjoyed family life in this neighbourhood for almost 70 years. Near the excellent schools that Oakville is renowned for, both public and private, this central Oakville location is close to the lake, historic Downtown, and the YMCA while Appleby College is just a few minutes' walk away. The gorgeous mature trees flanking the street, as well as a view of McCraney Creek from your front door, combine to complete this ideal setting. Convenient location for commuters with easy access to both Bronte and Oakville GO stations as well as to the highways. Important amenities like shopping, the Y, the Library, and good walking routes are just outside your door. Be sure to note the surrounding homes in the area - many are choosing to build their custom dream home here. We welcome you to look at the possibilities and start dreaming!
Estimate your monthly payments for this property
Estimated Payment
$10,018.86/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.
362 Fourth Line, 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 $1510/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.
Negotiation Opportunity
At 132 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.
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 $9,438 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.