2463 Applewood Drive, Oakville, ON

Bronte, Oakville · MLS® W12952864

$1,499,999
For Sale
Listed 106 days ago
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5Bedrooms
2Bathrooms
1Garage · 5 parking
1500-2000Sq Ft

About this home

Attention Builders, Investors & Home Buyers! Welcome to 2463 Applewood Drive, a rare opportunity in the heart of Bronte Village-widely regarded as one of the most desirable pockets in Oakville. Situated on arguably one of the best streets in the area, this property is tucked away on a quiet cul-de-sac across from Applewood Park, creating a serene, family-friendly environment. Enjoy the comfort of your own private inground pool-ideal for unwinding, hosting summer gatherings, or spending quality time with family-all while being within walking distance to the lake, charming shops, restaurants, schools, and the lively waterfront harbour. Set on a premium 120.09ft deep, 7,222.58 ft. lot, this property presents an incredible opportunity to build your dream custom home. Not ready to build just yet? The existing 5-bedroom home offers generous space beyond what first appears. Currently tenanted, it presents an excellent opportunity to renovate or hold as a strong investment in a highly sought-after neighborhood.

Key facts

Property type
Detached, Sidesplit 4
MLS®
W12952864
Bedrooms
5
Bathrooms
2
Size
1500-2000
Lot
59.99 × 120.09 ft
Cross streets
Rebecca St/Jones St/ Applewood
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Apartment, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Pool
On Ground
Property tax
$6,235 / 2025
Days on market
106
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

KitchenMain3.45 × 4.29 m
Bedroom 5Basement3.93 × 3.35 m
KitchenMain4.42 × 3.20 m
Bedroom 3Second2.74 × 2.77 m
Dining RoomMain2.82 × 2.87 m

Hardwood Floor

BedroomSecond4.01 × 3.12 m

Hardwood Floor

LaundryBasement2.79 × 2.31 m
Living RoomMain5.41 × 3.56 m

hardwood floor · gas fireplace

Bedroom 2Second2.74 × 2.79 m

Hardwood Floor

Family RoomBasement3.20 × 3.35 m
Bedroom 4Lower3.05 × 2.67 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.37Mest. value

Listed at $1,499,999, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 41 similar homes nearby, adjusted for size, beds, and baths.Median of 41 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.58M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.48M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.49M

That comparable adjusts to $1.49M; the $1.37M estimate above is the median of all 41 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. Rebecca St + Bronte Rd is about a 1-minute walk away.

List price
$1.14MGreat deal$1.79MOverpriced

Total price vs nearby homes. Fair value about $1.37M, median of 41 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Bronte · asking prices
$1.75Mavg asking

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

2066 Rebecca Street$1.79M2094 Water's Edge Drive$2.00M3092 Shannon Crescent$1.54M3125 Riverview Street$1.53M273 Duskywing Way$1.89M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home1.79M2.00M1.54M1.53M1.89MThis home vs active comparables
Live market pulseActive comparables in Bronte · median list $2.05M
$857this home / sqft
43active listings nearby
106days on market

This home lists 4% below the area average of $891/sqft.

101 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

Bronte, 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

65/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Rebecca St + Bronte Rd, about 104 m away

20+ transit stops1 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.

West
$1.89M
Southwest
$3.79M
Glen Abbey
$1.98M
Bronte Creek
$1.77M
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
$6,836/mo
$280KIncome needed
5.4×Price ÷ income
$1,578Weekly 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 $6,836Property tax $520Total carry $7,356

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%
$
%
4.14%
%
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)
$6,404per month

Mortgage amount $1,199,999 · 4.14% over 25 years

$300,000Down payment (20.0%)
$1,199,999Loan before insurance
$0CMHC premium
$6,923Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,404
Property tax
$520
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,923

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

One-time closing costs

Ontario land transfer tax
$26,475
Estimated closing costs
$26,475

Plus your down payment of $300,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,778/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

$721,093Total interest paid
$1,921,092Total of all payments
Principal $1,199,999 Interest $721,093
YearPrincipalInterestBalance
1$28,112$48,732$1,171,887
2$29,288$47,556$1,142,600
3$30,513$46,331$1,112,087
4$31,789$45,055$1,080,298
5$33,119$43,725$1,047,179
6$34,504$42,340$1,012,675
7$35,947$40,896$976,728
8$37,451$39,393$939,277
9$39,017$37,826$900,259
10$40,650$36,194$859,610
11$42,350$34,494$817,260
12$44,121$32,722$773,139
13$45,967$30,877$727,172
14$47,889$28,954$679,282
15$49,893$26,951$629,390
16$51,980$24,864$577,410
17$54,154$22,690$523,256
18$56,419$20,425$466,837
19$58,779$18,065$408,058
20$61,238$15,606$346,821
21$63,799$13,045$283,022
22$66,468$10,376$216,554
23$69,248$7,596$147,306
24$72,144$4,699$75,162
25$75,162$1,682$0

At the end of your 5-year term

Total paid over the term
$384,218
Principal paid down
$152,820
Interest paid
$231,398
Balance remaining
$1,047,179

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$3,150/mo
$37,800Gross annual rent
1.7%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.

2.5%
Gross yield
− Property tax $6,235− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,007

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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