490 Grovehill Road, Oakville

Price: $1,599,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13249612

SPECTACULAR FAMILY HOME - "A KID'S PARADISE"Nestled on a large corner lot in the highly sought-after River Oaks community, this spectacular open-concept family home has been extensively renovated from top to bottom and is ready for you to move in and enjoy.Designed with both families and entertaining in mind, the home features new windows, gorgeous flooring throughout, a custom bright white kitchen with stainless steel appliances, a cozy breakfast area, and beautifully updated modern bathrooms with custom glass showers. The spacious upper level offers four generous bedrooms with hardwood flooring, providing plenty of room for a growing family.The backyard is truly an outdoor oasis designed for fun and relaxation. Enjoy the custom covered porch with a comfortable sitting area where parents can unwind with a cocktail while the kids enjoy the expansive play area. Professionally landscaped grounds feature mature trees, elegant lighting, and winding pathways that create a private and inviting outdoor retreat.Additional highlights include a custom epoxy-finished garage with exceptional built-in storage, tasteful designer finishes throughout, and thoughtful spaces that allow kids to be kids while offering style and functionality for everyday family living.A truly special home that combines comfort, elegance, and family-friendly living. This beautiful property will not disappoint and is an absolute must-see.

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New Listing
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$1,599,000 - 490 Grovehill Road, Oakville

Detached for Sale in Oakville

New — Listed 3 days ago
4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13249612
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Oakville
Listing Brokerage
SUTTON GROUP QUANTUM REALTY INC.
Description

SPECTACULAR FAMILY HOME - "A KID'S PARADISE"Nestled on a large corner lot in the highly sought-after River Oaks community, this spectacular open-concept family home has been extensively renovated from top to bottom and is ready for you to move in and enjoy.Designed with both families and entertaining in mind, the home features new windows, gorgeous flooring throughout, a custom bright white kitchen with stainless steel appliances, a cozy breakfast area, and beautifully updated modern bathrooms with custom glass showers. The spacious upper level offers four generous bedrooms with hardwood flooring, providing plenty of room for a growing family.The backyard is truly an outdoor oasis designed for fun and relaxation. Enjoy the custom covered porch with a comfortable sitting area where parents can unwind with a cocktail while the kids enjoy the expansive play area. Professionally landscaped grounds feature mature trees, elegant lighting, and winding pathways that create a private and inviting outdoor retreat.Additional highlights include a custom epoxy-finished garage with exceptional built-in storage, tasteful designer finishes throughout, and thoughtful spaces that allow kids to be kids while offering style and functionality for everyday family living.A truly special home that combines comfort, elegance, and family-friendly living. This beautiful property will not disappoint and is an absolute must-see.

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

490 Grovehill Road, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$1,834

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 $800/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.

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 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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    490 Grovehill Road, Oakville — $1,599,000 | Battaglia Team