1296 Cumnock Crescent, Oakville, ON

Morrison, Oakville · MLS® W12779900

$3,499,999
For Sale
Listed 156 days ago
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3Bedrooms
3Bathrooms
3Garage · 11 parking
2500-3000Sq Ft

About this home

Set on a spectacular 0.566-acre lot, this property is enveloped by towering trees and lush gardens, and backing onto the tranquil Kings Park Woods. Offering nearly 25,000 sq. ft. of privacy and tranquility, this Muskoka-like retreat sits on one of Southeast Oakville's most prestigious streets. A generously sized interlocked driveway leads past the elegant front yard to an impressive 3-car garage. Lovingly maintained by the same family for over 40 years, the home is in pristine condition. The interior features expansive principal rooms, including formal living and dining spaces, a large kitchen with a breakfast area addition, and an open-concept family room-perfect for both day-to-day living and entertaining. A wealth of windows throughout brings in abundant natural light and frames beautiful views of the front streetscape as well as the forested backyard. With multiple fireplaces and hardwood floors throughout the main level, the home exudes warmth and charm. Convenient access to the garage is provided through the laundry room. Upstairs, the spacious primary suite is complemented by three double closets, built-in bookcases, a 3-piece ensuite, and additional flexible space. Two more generously sized bedrooms, along with a 4-piece bathroom featuring a jacuzzi tub, complete this level. The true highlight of the home is the backyard-a private oasis of mature trees, manicured gardens, and a well-positioned pool that basks in sunlight. A full irrigation system ensures the landscaping stays lush. Recent upgrades include a new roof, furnace, and electrical panel, while the garage boasts 50-amp service, ideal for a lift or electric vehicle charging. Walking distance to Oakville's top public and private schools, including OT and St. Mildred's, and just minutes to shopping, this property offers exceptional potential. Whether you choose to build a custom home or renovate and expand this charming residence, the large lot allows for endless possibilities.

Key facts

Property type
Detached, 2-Storey
MLS®
W12779900
Bedrooms
3
Bathrooms
3
Size
2500-3000
Lot
135.72 × 176.25 ft
Cross streets
Morrison Road to Cumnock Crescent
Parking
3 garage · 11 parking (attached)
Driveway
Private Triple, Inside Entry
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$15,401 / 2026
Days on market
156
Listing brokerage
CENTURY 21 MILLER REAL ESTATE LTD.

Rooms

Utility RoomBasement6.88 × 4.19 m
Family RoomMain6.98 × 3.53 m
Bedroom 2Second3.61 × 3.51 m
RecreationBasement7.24 × 4.42 m
BreakfastMain3.07 × 2.51 m
Living RoomMain7.54 × 4.85 m
Primary BedroomSecond4.80 × 3.71 m
OtherBasement3.63 × 3.23 m
Dining RoomMain4.90 × 3.96 m
KitchenMain4.44 × 3.43 m
SittingSecond4.93 × 2.24 m
Bedroom 3Second3.96 × 3.71 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Morrison Rd + Linbrook Rd is about a 3-minute walk away.

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.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Morrison · asking prices
$2.94Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1268 Hillhurst Road$3.15M1284 Cleaver Drive$3.10M142 Abbey Court$3.00M150 Cairncroft Road$2.80M427 CAIRNCROFT Road$2.65M

The 5 closest active listings nearby.

See all comparable homes
3.50MThis home3.15M3.10M3.00M2.80M2.65MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $3.00M
$1,273this home / sqft
5active listings nearby
156days on market

This home lists 25% above the area average of $1,022/sqft.

151 days longer than the Oakville average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Morrison, 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.

Getting around

49/ 100

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: Morrison Rd + Linbrook Rd, about 201 m away

20+ transit stops2 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Ford
$2.51M
College Park
$1.28M
Joshua Creek
$2.27M
River Oaks
$1.60M
Southwest
$3.79M

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
$15,952/mo
$650KIncome needed
5.4×Price ÷ income
$3,681Weekly cost
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.

93%mortgage
Mortgage $15,952Property tax $1,283Total carry $17,235

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,942per month

Mortgage amount $2,799,999 · 4.14% over 25 years

$700,000Down payment (20.0%)
$2,799,999Loan before insurance
$0CMHC premium
$16,225Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,942
Property tax
$1,283
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,225

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

One-time closing costs

Ontario land transfer tax
$73,975
Estimated closing costs
$73,975

Plus your down payment of $700,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,148/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

$1,682,551Total interest paid
$4,482,550Total of all payments
Principal $2,799,999 Interest $1,682,551
YearPrincipalInterestBalance
1$65,594$113,708$2,734,405
2$68,338$110,964$2,666,067
3$71,197$108,106$2,594,870
4$74,175$105,127$2,520,696
5$77,277$102,025$2,443,419
6$80,510$98,792$2,362,909
7$83,877$95,425$2,279,032
8$87,386$91,916$2,191,646
9$91,041$88,261$2,100,606
10$94,849$84,453$2,005,757
11$98,816$80,486$1,906,940
12$102,950$76,352$1,803,991
13$107,256$72,046$1,696,735
14$111,742$67,560$1,584,993
15$116,416$62,886$1,468,577
16$121,286$58,016$1,347,291
17$126,359$52,943$1,220,932
18$131,644$47,658$1,089,288
19$137,151$42,151$952,137
20$142,888$36,414$809,249
21$148,864$30,438$660,385
22$155,091$24,211$505,294
23$161,578$17,724$343,715
24$168,337$10,965$175,378
25$175,378$3,924$0

At the end of your 5-year term

Total paid over the term
$896,510
Principal paid down
$356,581
Interest paid
$539,930
Balance remaining
$2,443,419

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
Estimate$5,250/mo
$63,000Gross annual rent
1.1%Est. cap rate

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

Talk about the numbers

Estimates 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.

1.8%
Gross yield
− Property tax $15,401− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $39,269

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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