427 CAIRNCROFT Road, Oakville, ON
Morrison, Oakville · MLS® W12723170
About this home
Nestled in the heart of Morrison, this distinguished Southeast Oakville residence offers a rare blend of privacy, elegance, and family functionality. Set on a premium 81 x 140 ft lot backing onto King's Forest, the home is framed by a charming wraparound porch and mature landscaping. Freshly renovated and meticulously maintained, the home features hardwood floors throughout, a freshly painted interior, and a bright open-concept kitchen with stainless steel appliances, an oversized island, and floor-to-ceiling windows that flood the space with natural light. The breakfast area flows seamlessly into the family room with a gas fireplace and custom built-ins-ideal for both everyday living and entertaining. The main level offers a large office, easily convertible to a main-floor bedroom, complemented by a 3-piece full bathroom-perfect for extended family, guests, or a nanny suite. The upper level features three full bathrooms, including two private ensuites, along with convenient second-floor laundry. The finished lower level provides additional recreation space and ample storage. Outdoors, the professionally landscaped backyard is surrounded by mature trees, offering exceptional privacy and a serene retreat. Ideally located within walking distance to Oakville's top-ranked schools, including: Oakville Trafalgar HS,EJ James, Maple Grove PS, , St. Vincent's, St. Mildred's, and Linbrook, parks, shopping, and the GO station. Equipped with a security system, irrigation system, and sump pump.A rare opportunity to own a refined family residence in one of Oakville's most prestigious neighborhoods. Don't miss the opportunity to make it your own!!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W12723170
- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 3000-3500
- Lot
- 81 × 140 ft
- Cross streets
- Cairncroft/Lakeshore
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double, Other, Inside Entry
- Basement
- Partially Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,571 / 2025
- Days on market
- 176
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
5 Pc Ensuite
3 Pc Bath
3 Pc Ensuite
5 Pc Ensuite
Listed at $2,650,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.95M, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.45M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $3.40M
That comparable adjusts to $3.40M; the $3.29M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Devon Rd + Cairncroft Rd is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $3.29M, median of 10 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 33% below the area average of $1,212/sqft.
171 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morrison, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Devon Rd + Cairncroft Rd, about 191 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,120,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,313
- Property tax
- $1,131
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,444
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $52,725
- Estimated closing costs
- $52,725
Plus your down payment of $530,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $678,786
- Principal paid down
- $269,983
- Interest paid
- $408,804
- Balance remaining
- $1,850,017
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.