489 Ravineview Way, Oakville

Price: $1,599,000

5 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13448842

Spacious, newly-renovated 5-bedroom detached home located on a family-friendly street in Wedgewood Creek, Oakville. Top Ranking School District (MUNN'S Public School Ranks 74/3052 and IROQUOIS RIDGE High School Ranks 8/747). Lovely landscaping with interlocking stone walkway along raised stone lined gardens with perennials and evergreens. Private, fully fenced rear yard offering large composite wood deck, built-in bench seating & privacy lattice screening.Hardwood floors through entire house, gas fireplace, deep baseboards & much more! Generous open concept living & dining room; beautiful kitchen with richly stained maple cabinetry, large pantry, moveable island, mosaic pencil glass & stone tile backsplash & stainless steel appliances. Spacious breakfast area with walkout to deck & rear yard. Generous open concept family room with inviting gas fireplace. Handy main floor den/office. Large bright master retreat with 2 large closets & additional walk-in closet & luxurious 5-piece master ensuite. Four additional bright bedrooms & 2 extra-large 4-piece baths (1 as dedicated ensuite for Bedroom #5). Surrounded By Ponds, Forests, Valleys, Parks and Trails. Close to the Uptown Core!Shopping Is Only 5 Minutes' Walking Distance. Quiet yet Convenient! A Piece of Oasis in the City Core! Plus, Its Fun and Family-Friendly Community. Annual Neighbourhood Street Party Is Held in September. Don't Miss This Gem and Street Party Fun!

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active
New Listing
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$1,599,000 - 489 Ravineview Way, Oakville

Detached for Sale in Oakville

New — Listed yesterday
5Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13448842
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Oakville
Listing Brokerage
CRIMSON ROSE REAL ESTATE INC.
Description

Spacious, newly-renovated 5-bedroom detached home located on a family-friendly street in Wedgewood Creek, Oakville. Top Ranking School District (MUNN'S Public School Ranks 74/3052 and IROQUOIS RIDGE High School Ranks 8/747). Lovely landscaping with interlocking stone walkway along raised stone lined gardens with perennials and evergreens. Private, fully fenced rear yard offering large composite wood deck, built-in bench seating & privacy lattice screening.Hardwood floors through entire house, gas fireplace, deep baseboards & much more! Generous open concept living & dining room; beautiful kitchen with richly stained maple cabinetry, large pantry, moveable island, mosaic pencil glass & stone tile backsplash & stainless steel appliances. Spacious breakfast area with walkout to deck & rear yard. Generous open concept family room with inviting gas fireplace. Handy main floor den/office. Large bright master retreat with 2 large closets & additional walk-in closet & luxurious 5-piece master ensuite. Four additional bright bedrooms & 2 extra-large 4-piece baths (1 as dedicated ensuite for Bedroom #5). Surrounded By Ponds, Forests, Valleys, Parks and Trails. Close to the Uptown Core!Shopping Is Only 5 Minutes' Walking Distance. Quiet yet Convenient! A Piece of Oasis in the City Core! Plus, Its Fun and Family-Friendly Community. Annual Neighbourhood Street Party Is Held in September. Don't Miss This Gem and Street Party Fun!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

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

489 Ravineview Way, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$2,484

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 $640/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.

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 4 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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    489 Ravineview Way, Oakville | $1,599,000 | Battaglia Team