$4,498,000 - 584 Fourth Line, Oakville
New Construction for Sale in Oakville
New — Listed 3 days ago- MLS Number
- W13162726
- Property Type
- New Construction
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Set on a deep pool-sized lot in prestigious South Oakville, this custom-built estate offers approx 8,500 sq ft of meticulously finished living space. Upon entry, a striking foyer framed by a dramatic slab feature wall and oversized entry door introduces interiors rich in architectural detail, soaring ceilings, wide-plank oak flooring, and oversized windows and doors that blur the line between indoors and out. The designer kitchen is both unforgettable and a chef's dream, showcasing state-of-the-art built-in appliances, an oversized island, quartz and natural wood surfaces, custom cabinetry, a full prep pantry, and dedicated servery. Expansive principal rooms are flooded with natural light, while the stunning family room features a statement fireplace wall and seamless access to private outdoor living spaces. A spectacular 22-ft office/library creates a sophisticated work-from-home experience. The second level is anchored by a luxurious primary retreat complete with fireplace, custom walk-in closet, and spa-inspired ensuite with heated floors and freestanding tub. Spacious secondary bedrooms offer ensuite or semi-ensuite access, while the versatile third-floor loft functions beautifully as a private guest retreat, executive lounge, studio, or additional bedroom complete with wet bar, walk-in closet, and ensuite. Newly finished, the lower level delivers a true lifestyle experience featuring multiple entertainment lounges, a designer wet bar/kitchenette with walkout access, theatre/games room, sauna, wine cellar, guest suite, spa-inspired bath with double rainfall shower, and a newly installed elevator servicing all floors. Modern design and exceptional comfort converge with multiple fireplaces, built-in speakers, a pet washing station, landscaped backyard, and walkout access to multiple private decks. Moments from reputable schools, boutique shopping, private clubs, Lake Ontario, Bronte Harbour, and convenient access to the QEW and Hwy 403.
Estimate your monthly payments for this property
Estimated Payment
$19,896.17/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.
584 Fourth Line, 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
Fair Market Value
At $900/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 7 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.