$1,449,000 - 523 Terrace Way, Oakville
Townhouse for Sale in Oakville
New — Listed 3 days ago- MLS Number
- W13234472
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 3
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Welcome to 523 Terrace Way, an executive end unit townhome by Rosehaven Homes showcasing high end finishes, extensive upgrades & stylish design throughout. With 2,336 sq ft plus a finished basement, this spacious 4 bedroom, 3+1 bathroom home delivers the perfect blend of luxury, functionality & family living in a welcoming Oakville neighbourhood close to top rated schools, the Sixteen Mile Sports Complex, scenic trails, parks & convenient 407 access. The bright main floor features hardwood floors, 9 ft ceilings, custom zebra blinds, upgraded light fixtures & a stunning living room highlighted by a custom built wall unit & gas fireplace. The beautifully redesigned kitchen is a standout feature with ceiling height cabinetry, stainless steel appliances, an oversized island & a spacious eat-in area ideal for everyday living & entertaining. Main floor laundry with granite counters & inside garage access add convenience to busy family life. Upstairs, the generous primary suite provides a peaceful retreat with a walk-in closet &luxurious 5 piece ensuite featuring double sinks with marble countertop, a soaker tub &separate glass shower. Three additional bedrooms provide exceptional flexibility, including a second bedroom with cathedral ceiling, oversized window & bonus sitting or study area, plus a third bedroom with an upgraded bay window. A beautifully finished 4 piece bathroom with marble countertop completes the upper level. The finished basement extends the living space with a large recreation room, renovated 3 piece bathroom & versatile den perfect for a home office, guest room, gym or hobby space. Outside, enjoy a private interlock patio & custom built garden shed, creating an inviting outdoor space for relaxing, entertaining &making lasting family memories. A rare opportunity to enjoy turnkey living with exceptional upgrades, generous living space & an outstanding Oakville location.
Estimate your monthly payments for this property
Estimated Payment
$6,409.42/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.
523 Terrace Way, 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
Competitive Pricing
At $725/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Oakville have shown strong appreciation as families seek more space.
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.