416 Marlatt Drive, Oakville

Price: $1,297,777

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W12858726

***FULLY FURNISHED***Welcome to this 4-bedroom semi-detached home situated on a premium corner lot in the highly sought-after River Oaks community of Northeast Oakville. This well-maintained family home offers a functional layout with generous living space, perfect for growing families.The main level features bright and inviting living and dining areas, complemented by a spacious eat-in kitchen with walkout to a large patio, and fully fenced backyard, ideal for entertaining or enjoying outdoor family time. Upstairs, you'll find four well-sized bedrooms and multiple bathrooms, providing comfort and flexibility for the entire family. The finished basement expands the living space with a cozy recreation room, additional storage, and laundry area, making it perfect for family gatherings, a home office, or entertainment space.Set on a deep private lot, this property offers excellent outdoor space while being conveniently located close to everyday amenities. Enjoy living in a traffic-calmed neighbourhood, just minutes from Lions Valley Park, 16-mile scenic trails, parks, top-rated schools, shopping, and the Oakville Trafalgar Memorial Hospital. Commuters will appreciate quick access to major highways including the QEW, Highway 403, and Highway 407.Located in one of Oakville's most family-friendly neighbourhoods, bus stop at your doorstep, this home offers the perfect combination of space, convenience, and lifestyle. A wonderful opportunity to own in a thriving and established community.

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$1,297,777 - 416 Marlatt Drive, Oakville

Semi-Detached for Sale in Oakville

4Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W12858726
Property Type
Semi-Detached
Status
active
Days on Site
28
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

***FULLY FURNISHED***Welcome to this 4-bedroom semi-detached home situated on a premium corner lot in the highly sought-after River Oaks community of Northeast Oakville. This well-maintained family home offers a functional layout with generous living space, perfect for growing families.The main level features bright and inviting living and dining areas, complemented by a spacious eat-in kitchen with walkout to a large patio, and fully fenced backyard, ideal for entertaining or enjoying outdoor family time. Upstairs, you'll find four well-sized bedrooms and multiple bathrooms, providing comfort and flexibility for the entire family. The finished basement expands the living space with a cozy recreation room, additional storage, and laundry area, making it perfect for family gatherings, a home office, or entertainment space.Set on a deep private lot, this property offers excellent outdoor space while being conveniently located close to everyday amenities. Enjoy living in a traffic-calmed neighbourhood, just minutes from Lions Valley Park, 16-mile scenic trails, parks, top-rated schools, shopping, and the Oakville Trafalgar Memorial Hospital. Commuters will appreciate quick access to major highways including the QEW, Highway 403, and Highway 407.Located in one of Oakville's most family-friendly neighbourhoods, bus stop at your doorstep, this home offers the perfect combination of space, convenience, and lifestyle. A wonderful opportunity to own in a thriving and established community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,901.24/mo

Includes CMHC insurance ($29,070)

$
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5%20%50%

5-yr fixed avg.

Principal: $1,038,222Interest: $703,080
Mortgage Amount$1,067,292
Total Interest$703,080
Est. Property Tax$919/mo
Total Cost$1,770,373

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

416 Marlatt 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)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$919
Insurance (est.)-$270
Net Cash Flow+$2,011

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

Fair Market Value

At $865/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.

Market Position

At 28 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.

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.

Bathroom Count Matters

With 3 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.

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.

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