$1,250,000 - 491 Warminster Drive, Oakville
Single Family Home for Sale in Oakville
32 days on market- MLS Number
- W12680952
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Fantastic detached bungalow set on an impressive 8,525 sq. ft. pie-shaped corner deep lot (as per Geo) in a highly sought-after West Oakville neighbourhood. A rare opportunity to own a charming starter home on a premium lot surrounded by multi-million-dollar custom residences-ideal for downsizers, end users, or builders. The home is bright, spacious, and ready to be enjoyed, offering 3+1 bedrooms and 2 bathrooms. The inviting living room features large windows that fill the space with natural light. The eat-in kitchen includes a cozy kitchen nook, ample cabinetry, and appliances-perfect for casual meals and everyday living. One bedroom is currently used as a dining room and can easily be converted back to a bedroom if desired. Two additional generously sized bedrooms and a full bathroom complete the main level. The finished basement offers a recreation room, an additional bedroom, a 3-piece bathroom, plus storage and utility rooms. Enjoy a fully fenced backyard, two driveways with parking for up to 7 cars, and a 1.5-car garage. Conveniently located with public transit on Bridge Road and easy access to Third Line and the QEW. Just minutes to Bronte GO Station and Downtown Oakville.
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/mo
5-yr fixed avg.
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.
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
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.
491 Warminster Drive, Oakville
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Premium Pricing
At $1786/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.
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.
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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.