546 Fourth Line, Oakville

Price: $1,599,000

4 bedrooms, 2 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: W12421164

Build your dream home.Floor Plan approved for 5342 SQ/FT above ground house plus basement. 5Br/5Wr on second floor, main floor BR/Office with ensuite and two bedroom basement. Ceiling height for new build is 10/11/10 ft and comes with open to above FM, Elevators and much more. Sitting on a huge pool size lot of Lot 60 x 272 ft.Most fees and deposits are paid to the city.Over $100,000 spend on approval process already( you save) .Current house is rented for approximately $4400.00. Collect rent and build your dream house.Oakville's prime locations Surrounding landscape of high quality construction, steps from the lake and minutes to Bronte village, Bronte GO and Major Highways and top rated schools. PRICED FOR QUICK SALE .

546 Fourth Line - Single Family Home photo 1 of 2 in Oakville, Ontario
546 Fourth Line - Single Family Home photo 2 of 2 in Oakville, Ontario
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$1,599,000 - 546 Fourth Line, Oakville

Single Family Home for Sale in Oakville

32 days on market
4Beds
2Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
W12421164
Property Type
Single Family Home
Status
active
Days on Site
32
Bedrooms
4
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE SUPERSTAR REALTY
Description

Build your dream home.Floor Plan approved for 5342 SQ/FT above ground house plus basement. 5Br/5Wr on second floor, main floor BR/Office with ensuite and two bedroom basement. Ceiling height for new build is 10/11/10 ft and comes with open to above FM, Elevators and much more. Sitting on a huge pool size lot of Lot 60 x 272 ft.Most fees and deposits are paid to the city.Over $100,000 spend on approval process already( you save) .Current house is rented for approximately $4400.00. Collect rent and build your dream house.Oakville's prime locations Surrounding landscape of high quality construction, steps from the lake and minutes to Bronte village, Bronte GO and Major Highways and top rated schools. PRICED FOR QUICK SALE .

Mortgage Calculator

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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

546 Fourth Line, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$1,734

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $2284/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 $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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