474 Marlatt Drive, Oakville

Price: $1,119,999

3 bedrooms, 3 bathrooms

1,100 sq ft

Property Type: Semi-Detached

MLS#: W12605302

No rear neighbours! Privacy and gorgeous walking trails. This beautifully maintained 3-bedroom, 3-bathroom gem nestled on a quiet, family friendly street in Oakville's sought after River Oaks community. The large lot backs onto scenic Shannon Creek Trail. Step inside to discover a bright and functional layout, perfect for growing families or those looking to settle into a warm and welcoming neighbourhood. The main floor has hardwood and tile throughout. Kitchen with lots of cabinets, granite countertops, glass and stone backsplash, walks-out to huge deck and lush, private yard. Upstairs the spacious primary bedroom features a stunning wall-to-wall closet, offering plenty of storage and style. Two other good sized bedrooms with big closets. Enjoy the comfort and versatility of a brand new fully finished basement, complete with 3 piece bathroom/ laundry room, glass shower, new washer and dryer, luxury vinyl flooring The finished family room is complete with wet bar and cozy gas fireplace. Ideal for movie nights or entertaining guests. with. Don't miss your chance to live in one of Oakville's most desirable areas, close to top-rated schools, parks, trails, shopping, and transit.

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$1,119,999 - 474 Marlatt Drive, Oakville

Semi-Detached for Sale in Oakville

32 days on market
3Beds
3Baths
1,100Sq Ft
Semi-Detached
Property Details
MLS Number
W12605302
Property Type
Semi-Detached
Status
active
Days on Site
32
Bedrooms
3
Bathrooms
3
Square Feet
1,100 sqft
Neighbourhood
Oakville
Lot Size
3,623 sqft
Listing Brokerage
Century 21 Miller Real Estate Ltd.
Description

No rear neighbours! Privacy and gorgeous walking trails. This beautifully maintained 3-bedroom, 3-bathroom gem nestled on a quiet, family friendly street in Oakville's sought after River Oaks community. The large lot backs onto scenic Shannon Creek Trail. Step inside to discover a bright and functional layout, perfect for growing families or those looking to settle into a warm and welcoming neighbourhood. The main floor has hardwood and tile throughout. Kitchen with lots of cabinets, granite countertops, glass and stone backsplash, walks-out to huge deck and lush, private yard. Upstairs the spacious primary bedroom features a stunning wall-to-wall closet, offering plenty of storage and style. Two other good sized bedrooms with big closets. Enjoy the comfort and versatility of a brand new fully finished basement, complete with 3 piece bathroom/ laundry room, glass shower, new washer and dryer, luxury vinyl flooring The finished family room is complete with wet bar and cozy gas fireplace. Ideal for movie nights or entertaining guests. with. Don't miss your chance to live in one of Oakville's most desirable areas, close to top-rated schools, parks, trails, shopping, and transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,954.13/mo

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5-yr fixed avg.

Principal: $895,999Interest: $590,241
Mortgage Amount$895,999
Total Interest$590,241
Est. Property Tax$793/mo
Total Cost$1,486,240

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

474 Marlatt Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$793
Insurance (est.)-$233
Net Cash Flow+$1,774

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 $1018/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 32 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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