527 SIXTEEN MILE Drive, Oakville

Price: $1,180,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W13051558

Welcome to 527 Sixteen Mile Drive, ideally located in Oakville's vibrant core and built by Rosehaven. Just steps from top-rated schools and exceptional local amenities, this freehold semi-detached home is perfectly suited for families. It is within walking distance to Oodenawi Public School and St. Gregory the Great Catholic School-two of Oakville's most sought-after schools.One of the standout features of this location is its proximity to the 16 Mile Sports Complex, a state-of-the-art facility offering ice rinks, swimming pools, soccer fields, playgrounds, and year-round recreation for all ages-all within walking distance from your front door.The home includes a finished basement with a full bathroom and extra storage, a 2-car garage, and a bright, functional layout that suits a variety of family needs.Enjoy being close to Fortinos, Neyagawa Plaza, parks, public transit, and major highways (407, 403, and Burnhamthorpe Road), making daily life and commuting easy and convenient.This property has been meticulously maintained and is currently tenanted by excellent occupants, making it a true turnkey opportunity.

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New Listing
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$1,180,000 - 527 SIXTEEN MILE Drive, Oakville

Semi-Detached for Sale in Oakville

New — Listed 2 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W13051558
Property Type
Semi-Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to 527 Sixteen Mile Drive, ideally located in Oakville's vibrant core and built by Rosehaven. Just steps from top-rated schools and exceptional local amenities, this freehold semi-detached home is perfectly suited for families. It is within walking distance to Oodenawi Public School and St. Gregory the Great Catholic School-two of Oakville's most sought-after schools.One of the standout features of this location is its proximity to the 16 Mile Sports Complex, a state-of-the-art facility offering ice rinks, swimming pools, soccer fields, playgrounds, and year-round recreation for all ages-all within walking distance from your front door.The home includes a finished basement with a full bathroom and extra storage, a 2-car garage, and a bright, functional layout that suits a variety of family needs.Enjoy being close to Fortinos, Neyagawa Plaza, parks, public transit, and major highways (407, 403, and Burnhamthorpe Road), making daily life and commuting easy and convenient.This property has been meticulously maintained and is currently tenanted by excellent occupants, making it a true turnkey opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,219.54/mo

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5-yr fixed avg.

Principal: $944,000Interest: $621,861
Mortgage Amount$944,000
Total Interest$621,861
Est. Property Tax$836/mo
Total Cost$1,565,861

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

527 SIXTEEN MILE Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$1,718

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 $787/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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