$1,199,000 - 73 Rayne Avenue, Oakville
Single Family Home for Sale in Oakville
32 days on market- MLS Number
- W12721342
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 32
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- MARTIN GROUP
Set on a quiet, tree-lined street in the highly sought-after College Park community, this meticulously maintained 4-level sidesplit offers space, privacy, and versatility on a generous 60' x 125' mature lot. A welcoming interlock walkway and newer front door lead into a bright, airy main level where gleaming hardwood floors and natural light set the tone for comfortable everyday living. The heart of the home is the well-appointed kitchen, featuring solid wood cabinetry and stainless steel appliances, seamlessly connected to the main living spaces-ideal for both family life and entertaining. Upstairs, three spacious bedrooms with original hardwood floors provide peaceful retreats, complemented by a full 4-piece bathroom. A standout feature is the separate exterior entrance to the lower level and finished basement, offering exceptional flexibility for multi-generational living, a home office, or potential in-law suite. The finished recreation room, private den, additional bedroom with new closet organizers, and 2-piece bath create a functional and inviting extension of the home. Step outside to a large, fully fenced backyard with both a deck and stone patio-perfect for summer gatherings and quiet evenings alike. A double-wide driveway with parking for up to six vehicles, plus a single-car garage, adds rare utility and convenience. Ideally located within the White Oaks Secondary School IB boundaries and close to top-rated French immersion schools, Sheridan College, trails and parks. This commuter-friendly location is minutes from the Oakville GO Station and major highways. This home delivers the perfect balance of suburban tranquillity and urban connectivity. A truly versatile property in one of Oakville's most established and desirable neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
73 Rayne 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 25+ years of GTA real estate experience
Fair Market Value
At $1090/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.
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.
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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.