308 Third Line, Oakville, ON

West, Oakville · MLS® W12909962

$1,699,888
For Sale
Listed 116 days ago
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5Bedrooms
3Bathrooms
1Garage · 12 parking
1100-1500Sq Ft

About this home

Beautiful Fully renovated, Ready to move in 4 level detached side split home on a large corner lot with 2022 sqft. of total living space, including newly built city-approved second dwelling, 2 bedroom legal basement in desirable Bronte Neighborhood, steps to the Lake, Coronation Park and opposite to Hopedale Mall, newly opened Walmart and major banks. Living room features Electric Fireplace with custom stone accent wall, large bay window in dining area. Gorgeous kitchen features granite counters, custom cabinetry, SS Appliances, B/I Double oven, Island with breakfast bar and stove top. Extra laundry room on main floor. Second level features 3 spacious bedrooms and a newly renovated modern 4-piece bathroom with frameless glass shower enclosure. Lower level has a spacious living area with new kitchen, above ground windows, laundry room, 3 pc bath and newly covered walk up to yard. Newly built basement has 2 spacious bedrooms with large walk-in closets and windows, sump pump room, and lots of storage space. Enjoy the front and backyard retreat with landscaped lawns, interlocked backyard and side, metal gazebo, fire pit and a garden shed Plenty of parking space and detached garage. 20 ft wide main gate, extra man gate and metal front fence for privacy and safety. Steel roof. Upgraded to 200 Amps electricity connection and 3/4 inch main water line.

Key facts

Property type
Detached, Sidesplit 4
MLS®
W12909962
Bedrooms
5 (3 + 2)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
132.83 × 64.33 ft
Cross streets
Rebecca St/Third Ln
Parking
1 garage · 12 parking (detached)
Driveway
Circular Drive
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,569 / 2025
Days on market
116
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Bedroom 5Basement4.22 × 2.62 m

laminate · window · closet

Bedroom 4Basement5.59 × 3.48 m

laminate · window · closet

KitchenMain6.45 × 2.49 m

tile floor · window · stainless steel appl

KitchenLower5.72 × 3.68 m

laminate · window · stainless steel appl

Living RoomMain6.17 × 3.33 m

hardwood floor · combined w/dining · large window

Bedroom 3Upper2.72 × 2.69 m

hardwood floor · window · closet

Bedroom 2Upper3.78 × 2.54 m

hardwood floor · window · closet

Dining RoomMain4.78 × 3.33 m

hardwood floor · combined w/living · w/o to yard

Primary BedroomUpper3.68 × 3.02 m

hardwood floor · window · closet

Utility RoomLower3.02 × 2.08 m

vinyl floor · window

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, this is a very walkable address with everyday errands close by. Third Line Rebecca is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in West · asking prices
$1.37Mavg asking

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

474 Sandlewood Road$1.36M389 Worth Place$1.35M444 Withnell Crescent$1.40M

The 3 closest active listings nearby.

See all comparable homes
1.70MThis home1.36M1.35M1.40MThis home vs active comparables
Live market pulseActive comparables in West · median list $2.15M
$1,308this home / sqft
83active listings nearby
116days on market

This home lists 38% above the area average of $949/sqft.

111 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

West, 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

78/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Third Line Rebecca, about 29 m away

20+ transit stops2 grocery20+ dining20+ parks6 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.

Southwest
$3.79M
Bronte
$1.82M
Glen Abbey
$1.98M
West Oak Trails
$1.48M
Westmount
$1.66M

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
$7,748/mo
$315KIncome needed
5.4×Price ÷ income
$1,788Weekly 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 $7,748Property tax $547Total carry $8,295

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)
$7,257per month

Mortgage amount $1,359,910 · 4.14% over 25 years

$339,978Down payment (20.0%)
$1,359,910Loan before insurance
$0CMHC premium
$7,804Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,257
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,804

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

One-time closing costs

Ontario land transfer tax
$30,473
Estimated closing costs
$30,473

Plus your down payment of $339,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,814/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

$817,186Total interest paid
$2,177,096Total of all payments
Principal $1,359,910 Interest $817,186
YearPrincipalInterestBalance
1$31,858$55,226$1,328,052
2$33,191$53,893$1,294,862
3$34,579$52,505$1,260,283
4$36,025$51,059$1,224,258
5$37,532$49,552$1,186,725
6$39,102$47,982$1,147,623
7$40,738$46,346$1,106,886
8$42,442$44,642$1,064,444
9$44,217$42,867$1,020,227
10$46,066$41,017$974,161
11$47,993$39,091$926,167
12$50,001$37,083$876,167
13$52,092$34,992$824,074
14$54,271$32,813$769,803
15$56,541$30,543$713,262
16$58,906$28,177$654,355
17$61,370$25,714$592,985
18$63,937$23,147$529,048
19$66,612$20,472$462,436
20$69,398$17,686$393,038
21$72,301$14,783$320,737
22$75,325$11,759$245,412
23$78,476$8,608$166,936
24$81,758$5,326$85,178
25$85,178$1,906$0

At the end of your 5-year term

Total paid over the term
$435,419
Principal paid down
$173,185
Interest paid
$262,234
Balance remaining
$1,186,725

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$2,300/mo
$27,600Gross annual rent
1.0%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.6%
Gross yield
− Property tax $6,569− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,595

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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