38 Settlers Road, Oakville

Price: $1,918,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13212774

Welcome To 38 Settlers Rd East, A Magnificent Detached Home In Coveted North Oakville! This Like- New, Clean, and Quiet Residence Boasts Over 3,470 Sq. Ft Of Exquisitely Crafted Above-Grade Living Space, Plus An Unfinished 1,250 Sq. Ft Basement With Endless Customization Potential. Step Into The Grand Sunlit Foyer, Greeted By 10Ft Ceilings And Premium Wide-Plank Hardwood Flooring Throughout The Main Level. With A Square Floor Plan And Reasonable Structure, The Main Floor Features A Versatile Private Den (Ideal For Home Office/Remote Work), A Dual-Sided Fireplace Connecting The Den To The Family Room, An Elegant Formal Dining Room, A Bright Breakfast Nook, And An Open-Concept Chef's Kitchen With A Walk-In Pantry, Flowing Seamlessly Into The Warm Family Room. On The 2nd Floor, Find 5 Spacious Bedrooms (All With Abundant Natural Light And Oversized Closets) And 4 Well-Appointed Bathrooms. The Luxurious Primary Suite Includes Dual Walk-In Closets And A Private Ensuite With A Freestanding Soaking Tub, A Peaceful Retreat To Unwind. Two Additional Bedrooms Have Private En-Suites, While The Remaining Two Are Generously Sized And Close To A Full Main Bathroom. Bedroom 2 Features A Beautiful Cathedral Ceiling, Enhancing The Home's Thoughtful Structure. The Spacious Unfinished Basement Offers Endless Design Options-Customize It As A Media Room, Gym, Playroom, Guest Suite, Or Office. Conveniently Located Steps From Top-Rated Schools, Parks, Groceries, And Amenities, With Easy Access To Highways 403 & 407, Transit, Shopping, And Dining. This Immaculately Maintained, Move-In-Ready Residence, Like-New, Clean, Quiet, Offers Unmatched Luxury And A Family-Friendly Lifestyle. Book Your Showing Today!

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active
New Listing
1/50

$1,918,000 - 38 Settlers Road, Oakville

Detached for Sale in Oakville

New — Listed yesterday
5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13212774
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Oakville
Lot Size
3,993 sqft
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

Welcome To 38 Settlers Rd East, A Magnificent Detached Home In Coveted North Oakville! This Like- New, Clean, and Quiet Residence Boasts Over 3,470 Sq. Ft Of Exquisitely Crafted Above-Grade Living Space, Plus An Unfinished 1,250 Sq. Ft Basement With Endless Customization Potential. Step Into The Grand Sunlit Foyer, Greeted By 10Ft Ceilings And Premium Wide-Plank Hardwood Flooring Throughout The Main Level. With A Square Floor Plan And Reasonable Structure, The Main Floor Features A Versatile Private Den (Ideal For Home Office/Remote Work), A Dual-Sided Fireplace Connecting The Den To The Family Room, An Elegant Formal Dining Room, A Bright Breakfast Nook, And An Open-Concept Chef's Kitchen With A Walk-In Pantry, Flowing Seamlessly Into The Warm Family Room. On The 2nd Floor, Find 5 Spacious Bedrooms (All With Abundant Natural Light And Oversized Closets) And 4 Well-Appointed Bathrooms. The Luxurious Primary Suite Includes Dual Walk-In Closets And A Private Ensuite With A Freestanding Soaking Tub, A Peaceful Retreat To Unwind. Two Additional Bedrooms Have Private En-Suites, While The Remaining Two Are Generously Sized And Close To A Full Main Bathroom. Bedroom 2 Features A Beautiful Cathedral Ceiling, Enhancing The Home's Thoughtful Structure. The Spacious Unfinished Basement Offers Endless Design Options-Customize It As A Media Room, Gym, Playroom, Guest Suite, Or Office. Conveniently Located Steps From Top-Rated Schools, Parks, Groceries, And Amenities, With Easy Access To Highways 403 & 407, Transit, Shopping, And Dining. This Immaculately Maintained, Move-In-Ready Residence, Like-New, Clean, Quiet, Offers Unmatched Luxury And A Family-Friendly Lifestyle. Book Your Showing Today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,483.96/mo

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5-yr fixed avg.

Principal: $1,534,400Interest: $1,010,788
Mortgage Amount$1,534,400
Total Interest$1,010,788
Est. Property Tax$1,359/mo
Total Cost$2,545,188

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.

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Neighbourhood Guide: Oakville

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

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

38 Settlers Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,359
Insurance (est.)-$400
Net Cash Flow+$2,441

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $639/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 3,000 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 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.

Bathroom Count Matters

With 5 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.

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