$1,999,900 - 78 West River Street, Oakville
Detached for Sale in Oakville
- MLS Number
- W13177762
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Oakville
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Prime Location South of Lakeshore in the Village overlooking the Bronte Harbour Yacht Club! No neighbours behind you and no neighbours in front of you! Tucked into one of Oakville's most desirable waterfront neighbourhoods, 78 West River Street offers a rare opportunity to own a custom home with 5 beds, 4 baths and over 4,250 sq. ft. of finished living space on a beautifully treed lot with picturesque views. Brimming with character and charm, this unique property presents the perfect opportunity to move in and enjoy, renovate further, or completely reimagine to suit your vision. Just steps from Lake Ontario, the marina, Bronte Creek, parks, scenic trails, and the vibrant downtown waterfront, this coveted location offers an exceptional lifestyle blending nature, recreation, and convenience. Inside, soaring ceiling heights and many original architectural details create a sense of grandeur and timeless character throughout the home. The generous layout features spacious principal rooms, and a private backyard retreat complete with a on ground pool and expansive two-level deck - ideal for relaxing or entertaining. The home also features two spacious balconies, a large primary suite with walk-through closets, and an ensuite overlooking the yachts in the harbour. The bonus upper-level loft offers a unique opportunity for an additional bedroom, home office, studio, or peaceful zen retreat. Whatever you envision: this property has incredible architectural interest and offers endless potential in an extraordinary lakeside setting. An exceptional offering in a premier waterfront neighbourhood where lifestyle, location, and an abundance of nature, mature trees and walkability are offered. Close to QEW, Bronte Beach Park, Bronte Harbour, Downtown Oakville, trails, shopping and amenities. RARE OPPORTUNITY and True potential in a coveted location!
Estimate your monthly payments for this property
Estimated Payment
$8,846.23/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.
78 West River Street, 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 $667/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.
Market Position
At 21 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.
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.
Larger Home Realities
At 3,000 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 5 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 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.