409 Tennyson Drive, Oakville

Price: $1,349,900

4 bedrooms, 2 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: W12820708

Opportunity knocks in this premium West Oakville neighborhood. Move into this raised bungalow offering 1,000 sq. ft. above grade and nearly the same below or invest for income or redevelopment. Turn this 60 x 125-foot property into your dream home in this transitioning neighborhood with existing multi million-dollar homes built and others being built. This raised bungalow offers 3+1 bedrooms, 2 baths, hardwood flooring, finished lower level with a woodstove, 5 appliances included, minutes to most amenities, shopping, parks, the lake, Bronte Go and Highway access. Act fast before its gone.

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New Listing
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$1,349,900 - 409 Tennyson Drive, Oakville

Single Family Home for Sale in Oakville

New — Listed 4 days ago
4Beds
2Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
W12820708
Property Type
Single Family Home
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX ESCARPMENT REALTY INC.
Description

Opportunity knocks in this premium West Oakville neighborhood. Move into this raised bungalow offering 1,000 sq. ft. above grade and nearly the same below or invest for income or redevelopment. Turn this 60 x 125-foot property into your dream home in this transitioning neighborhood with existing multi million-dollar homes built and others being built. This raised bungalow offers 3+1 bedrooms, 2 baths, hardwood flooring, finished lower level with a woodstove, 5 appliances included, minutes to most amenities, shopping, parks, the lake, Bronte Go and Highway access. Act fast before its gone.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.06/mo

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5-yr fixed avg.

Principal: $1,079,920Interest: $711,399
Mortgage Amount$1,079,920
Total Interest$711,399
Est. Property Tax$956/mo
Total Cost$1,791,319

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

409 Tennyson Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$1,963

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1928/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.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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