$2,368,000 - 511 Coleen Drive, Oakville
Detached for Sale in Oakville
- MLS Number
- W12977796
- Property Type
- Detached
- Status
- active
- Days on Site
- 20
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Lot Size
- 10,204 sqft
- Listing Brokerage
- CENTURY 21 MILLER REAL ESTATE LTD.
Completely redesigned from top to bottom in 2019, this stunning family home in the Morrison neighbourhood offers over 3,100 sq ft of refined living space on a premium 181' deep lot.The main level impresses with wide plank oak hardwood floors, decorative wrought iron railings, and new lighting and trim work throughout. The custom kitchen features Calcutta gold quartz countertops, a La Cornue dual fuel range, integrated Fisher & Paykel and Bosch appliances, breakfast counter and a servery with walk-in pantry and beverage fridge. The formal dining room showcases custom wall panelling, while the family room centres around a custom fireplace mantel with direct access to the rear yard.Upstairs, four generous bedrooms include a primary retreat with a walk-in closet and spa-inspired 4-piece ensuite featuring Statuario porcelain tile and a seamless glass shower. Three additional bedrooms share a beautifully appointed 5-piece bath with Carrara marble finishes and a deep soaker tub.The fully finished lower level adds a spacious rec room, a bonus office or gym, a 5th bedroom, and a stylish 3-piece bath with seamless glass shower; perfect for a growing family.Outside, enjoy a professionally landscaped yard with irrigation and interlock patio. Major 2019 updates include privacy fence, asphalt driveway, windows, doors, garage door, eaves/soffits, and downspouts, along with a new furnace in 2025, security window film 2025.Minutes to Oakville Trafalgar High School, top-rated private schools, Oakville GO, and vibrant downtown Oakville.
Estimate your monthly payments for this property
Estimated Payment
$10,474.46/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.
511 Coleen 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 30+ years of GTA real estate experience
Premium Pricing
At $1184/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 20 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.
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.