36-260 Melody Common, Oakville, ON

River Oaks, Oakville · MLS® W12649202

$1,065,698
For Sale
Listed 271 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
2000-2500Sq ft

About this home

In short

  • Unit 36 at Uptown Oakville is a move-in ready Castlefield model crafted by boutique builder DiCarlo Homes, who have been delivering quality and thoughtful design for...
  • Inside, you'll find a striking 50-inch linear electric fireplace with a full floor-to-ceiling drywall surround, conduit for future audio/visual wiring, and an...
  • The home is powered by 200-amp service and includes smooth ceilings throughout, a fridge water line, deep upper cabinet with side gables, and a Moen Align...
  • Beyond the upgrades, this Castlefield offers everything expected from Uptown Oakville living: soaring 9-foot ceilings on all 3-levels, engineered hardwood on the main...
  • Comfort and convenience are built-in with dual-zone climate control, central air conditioning, USB outlets, Cat5E rough-ins, LED pot lighting, and a central vacuum...

Unit 36 at Uptown Oakville is a move-in ready Castlefield model crafted by boutique builder DiCarlo Homes, who have been delivering quality and thoughtful design for over 35 years. This home is loaded with extras originally selected, giving you the benefit of upgrades without the wait. Inside, you'll find a striking 50-inch linear electric fireplace with a full floor-to-ceiling drywall surround, conduit for future audio/visual wiring, and an electrical rough-in for an electric vehicle wall connector. The home is powered by 200-amp service and includes smooth ceilings throughout, a fridge water line, deep upper cabinet with side gables, and a Moen Align black-finished kitchen faucet paired with an upgraded single-bowl stainless steel sink. Details like soft-close cabinetry and sleek Black Lisbon lever hardware continue the sense of refinement throughout. Beyond the upgrades, this Castlefield offers everything expected from Uptown Oakville living: soaring 9-foot ceilings on all 3-levels, engineered hardwood on the main floor, a custom-designed kitchen with quartz countertops, extended cabinets, stainless appliances, LED under-cabinet lighting and a subway tile backsplash, plus bathrooms finished with elegant vanities, undermount sinks, and glass shower enclosures. Comfort and convenience are built-in with dual-zone climate control, central air conditioning, USB outlets, Cat5E rough-ins, LED pot lighting, and a central vacuum rough-in, all supported by the peace of mind of Ontario's New Home Warranty. Thoughtfully designed and stylishly finished, Unit 36 is a turnkey opportunity to own a brand-new townhome in one of Oakville's most desirable neighbourhoods ready when you are.*Note List Price is inclusive of HST Rebate however, rebate eligibility may vary, and the final amount payable should be confirmed with the buyer's lawyer. *Please join us Sunday August 23rd from 2-4pm at the Model Home, unit 3, 2132 Lillykin Street.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W12649202
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Cross streets
Trafalgar/River Oaks
Parking
2 garage (attached)
Driveway
Tandem, Other
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Days on market
271
Listing brokerage
Century 21 Miller Real Estate Ltd.

Rooms

Primary BedroomThird4.57 × 5.30 m

5 Pc Ensuite

BedroomSecond3.84 × 3.08 m

4 Pc Bath

Dining RoomMain3.29 × 3.96 m
Living RoomMain4.57 × 3.99 m
BedroomSecond4.88 × 4.18 m
KitchenMain4.57 × 3.84 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.03Mlikely closing

Listed at $1,065,698 with no offer date. Homes here have been closing close to ask, so my read is $1.03M, typically $1.01M to $1.05M. Comparable closings on their own put this home around $1.10M, which supports the ask, so this is a firm read.

List price
$1.01MBelow recent closings$1.07MAbove recent closings

Total price vs nearby homes. Likely closing about $1.03M, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$930Kmedian sold price
98%of asking, on average
−5%prices vs a year ago
~19 dayshomes like this take to sell
271days on market so far
$4,091/moest. rent · 25 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.9 months of inventory: 13 townhouse homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $474/sqft against an area asking average of $578/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 10 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle

Based on 10 comparable homes that sold in River Oaks over the past two years, from 48 closings there.

What sellers nearby are askingCurrently listed nearby in River Oaks · asking prices
$1.01Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.10M, which is where my estimate comes from.

Per square foot, these ask about $577/sqft; this home lists at $474/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.07MThis home1.04M1.02M999k994k987kThis home vs active comparables

Neighbourhood & location

River Oaks, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Joshua Meadows
$1.09M
Glenorchy
$1.10M
West Oak Trails
$992K
Northwest
$1.05M
Central
$1.60M

Typical asking price of active listings of the same type, per area (outliers removed). Oakville.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,857/mo
$211KIncome needed
5.1×Price ÷ income
$1,121Weekly cost
$17,789Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $4,857Property tax $666Total carry $5,523

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,667per month

Mortgage amount $852,558 · 4.39% over 25 years

$213,140Down payment (20.0%)
$852,558Loan before insurance
$0CMHC premium
$5,333Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,667
Property tax
$666
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,333

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$17,789
Estimated closing costs
$17,789

Plus your down payment of $213,140. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,654/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$547,447Total interest paid
$1,400,005Total of all payments
Principal $852,558 Interest $547,447
YearPrincipalInterestBalance
1$19,292$36,708$833,266
2$20,149$35,852$813,117
3$21,043$34,957$792,075
4$21,977$34,023$770,098
5$22,952$33,048$747,146
6$23,971$32,029$723,175
7$25,035$30,966$698,141
8$26,146$29,855$671,995
9$27,306$28,694$644,689
10$28,518$27,482$616,171
11$29,784$26,217$586,387
12$31,106$24,895$555,282
13$32,486$23,514$522,796
14$33,928$22,072$488,868
15$35,434$20,567$453,434
16$37,006$18,994$416,428
17$38,649$17,352$377,779
18$40,364$15,636$337,415
19$42,155$13,845$295,260
20$44,026$11,974$251,234
21$45,980$10,020$205,254
22$48,021$7,979$157,233
23$50,152$5,848$107,081
24$52,378$3,622$54,703
25$54,703$1,298$0

At the end of your 5-year term

Total paid over the term
$280,001
Principal paid down
$105,413
Interest paid
$174,589
Balance remaining
$747,146

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 25 whole-home leases in River Oaks$4,091/mo
$49,092Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,813 to $4,436Typical rent range
~14 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 25 whole-home leases in River Oaks signed at a median of $3,822 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,091. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.6%
Gross yield
− Property tax $7,460− Insurance $1,400− Vacancy & upkeep $5,400Net operating income $34,832

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 Miller Real Estate Ltd.. MLS®/PropTx.

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