48-2140 Trafalgar Road, Oakville, ON

River Oaks, Oakville · MLS® W12649224

$963,098
For Sale
Listed 271 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage
1500-2000Sq ft

About this home

Welcome to Unit 48, the Grenville model at Uptown Oakville by DiCarlo Homes. This thoughtfully designed townhome offers a functional layout with contemporary finishes, ideal for modern living in one of Oakville's most connected communities.This unfinished unit includes all standard features as per the Uptown Oakville community by DiCarlo Homes, along with the optional third-floor layout, providing an additional room that can be used as a home office, guest room, or bedroom. The added floor enhances both flexibility and overall livability, making the home well suited for professionals, families, or those needing dedicated work-from-home space.Photos are from the model home and are intended to showcase layout and design potential. Buyers will have the opportunity to personalize interior finishes through the builder's design centre, allowing for a tailored and custom feel.Uptown Oakville offers a vibrant urban setting with everyday conveniences close by, including shopping, restaurants, parks, public transit, and easy highway access. A well-planned community that blends modern design with practical living.An excellent opportunity to secure a new townhome with added space and customization options in a highly desirable Oakville location.*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.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W12649224
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 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

Living RoomMain4.57 × 3.99 m
KitchenMain4.57 × 3.84 m
Dining RoomMain3.29 × 3.96 m
BedroomSecond3.84 × 3.08 m

4 Pc Bath

Primary BedroomThird4.57 × 5.30 m

5 Pc Ensuite

BedroomSecond4.88 × 4.18 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$929Klikely closing

Listed at $963,098 with no offer date. Homes here have been closing close to ask, so my read is $929K, typically $912K to $946K. Comparable closings on their own put this home around $983K, which supports the ask, so this is a firm read.

List price
$912KBelow recent closings$963KAbove recent closings

Total price vs nearby homes. Likely closing about $929K, 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
$3,747/moest. rent · 35 leases
4.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.6 months of inventory: 12 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 $550/sqft against an area asking average of $577/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.

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

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
$4,389/mo
$191KIncome needed
5.0×Price ÷ income
$1,013Weekly cost
$15,737Land 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 $4,389Property tax $602Total carry $4,991

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)
$4,217per month

Mortgage amount $770,478 · 4.39% over 25 years

$192,620Down payment (20.0%)
$770,478Loan before insurance
$0CMHC premium
$4,819Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,217
Property tax
$602
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,819

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

One-time closing costs

Ontario land transfer tax
$15,737
Estimated closing costs
$15,737

Plus your down payment of $192,620. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,110/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

$494,742Total interest paid
$1,265,220Total of all payments
Principal $770,478 Interest $494,742
YearPrincipalInterestBalance
1$17,435$33,174$753,043
2$18,209$32,400$734,835
3$19,017$31,592$715,818
4$19,861$30,748$695,957
5$20,742$29,866$675,214
6$21,663$28,946$653,551
7$22,624$27,984$630,927
8$23,629$26,980$607,299
9$24,677$25,932$582,621
10$25,772$24,836$556,849
11$26,916$23,693$529,933
12$28,111$22,498$501,822
13$29,358$21,250$472,463
14$30,661$19,947$441,802
15$32,022$18,587$409,780
16$33,443$17,165$376,336
17$34,928$15,681$341,409
18$36,478$14,131$304,931
19$38,097$12,512$266,834
20$39,788$10,821$227,046
21$41,553$9,055$185,493
22$43,398$7,211$142,095
23$45,324$5,285$96,771
24$47,335$3,273$49,436
25$49,436$1,173$0

At the end of your 5-year term

Total paid over the term
$253,044
Principal paid down
$95,264
Interest paid
$157,780
Balance remaining
$675,214

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 35 whole-home leases in River Oaks$3,747/mo
$44,964Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,381 to $3,947Typical 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 35 whole-home leases in River Oaks signed at a median of $3,685 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,747. 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.

4.7%
Gross yield
− Property tax $6,742− Insurance $1,400− Vacancy & upkeep $4,946Net operating income $31,876

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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