$1,128,000 - 7 Washington Avenue, Oakville
Detached for Sale in Oakville
56 days on market- MLS Number
- W13032630
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- Keller Williams Edge Realty
Welcome to this move-in ready, two-storey home in Oakville's highly desirable Kerr Village! Offering the perfect blend of comfortable everyday living and exciting future potential, this property is a rare find that you can easily shape around your unique vision.Designed for ultimate flexibility, the main floor is ideal for multigenerational living, guests, or remote work. This exceptional layout features a bright, open-concept kitchen and living area, creating a social hub perfect for family gatherings and effortless entertaining. A main-floor bedroom sits alongside a dedicated home office (which can easily be converted back into a 4th bedroom), with a convenient 2-piece bathroom completing the level.Upstairs, discover two additional well-proportioned bedrooms and a full family bathroom, complete with smart nooks and generous closet storage throughout.The basement is smartly divided into two functional zones. The "fun side" is a clean slate brimming with immediate usability and future equity potential. Enjoy it now for movie nights, a home gym, or a casual social hangout around the built-in dry bar. The utility side manages the everyday essentials, housing the laundry, furnace, hot water tank, electrical, and expansive wall-to-wall storage shelves.Settle in from day one and enjoy being just steps away from the trendiest shops, top-tier restaurants, artisan cafes, excellent schools, and parks that make Kerr Village Oakville's coolest neighborhood, all while being minutes from downtown Oakville and the waterfront.It already feels like home and seeing it in person takes it to another level. Book your private tour today!
Estimate your monthly payments for this property
Estimated Payment
$4,989.52/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.
7 Washington Avenue, 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 $752/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.
Negotiation Opportunity
At 56 days on site, this property has exceeded the typical selling timeline for Oakville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $4,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.