1337 Waverly Avenue, Oakville, ON

West, Oakville · MLS® W12990848

$3,000,000
For Sale
Listed 95 days ago
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5Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Step into the pinnacle of modern elegance with this stunning custom-built executive home, nestled in the highly sought-after heart of Southeast Oakville. Offering a seamless blend of sophisticated design, premium finishes, and an abundance of natural light. From the moment you enter, you'll be captivated by the open and intelligently configured interior layout, soaring 10' floating ceilings with cove lighting, and floor-to-ceiling windows that fill the space with sunlight. Every detail has been meticulously crafted, from the European white oak engineered hardwood floors to the 8' solid core doors, flush trim, and hidden anchored glass railings that exude contemporary sophistication. The heart of the home is the designer kitchen, featuring an oversized island, 10' cabinetry, and top-of-the-line appliances, perfect for entertaining or enjoying quiet family moments. The main floor flows effortlessly into a spacious living area, complete with a gas fireplace, built-in surround sound, and motorized blinds for ultimate convenience. Upstairs, natural light continues to shine through skylights and oversized windows, illuminating four generously sized bedrooms, each with its own ensuite bathroom and custom-built walk-in closets. The bespoke laundry room, with floor-to-ceiling cabinetry, adds a touch of practicality and style. The finished basement offers additional living space, ideal for a home theatre, gym, or playroom, while the mono-stringer staircase and glass railings create a striking visual statement from top to bottom. This home is more than just a residence; it's a lifestyle. With its unparalleled craftsmanship, high-end finishes, and prime location in one of Oakville's most desirable neighbourhoods, this property is truly Luxury at Its Finest. Don't miss the opportunity to experience the intricate quality and modern elegance of this exceptional home.

Key facts

Property type
Detached, 2-Storey
MLS®
W12990848
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
80.14 × 125.43 ft
Cross streets
Rebecca/Third Line
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Metal/Steel Siding
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$11,234 / 2025
Days on market
95
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Family RoomMain6.72 × 8.06 m

floor/ceil fireplace · built-in speakers · overlooks backyard

BedroomSecond4.24 × 3.15 m

3 pc ensuite · walk-in closet(s) · hardwood floor

RecreationLower9.76 × 12.64 m

3 pc bath · wet bar · gas fireplace

BedroomSecond4.25 × 3.31 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Dining RoomMain4.02 × 3.32 m

hardwood floor · combined w/kitchen · pantry

BedroomSecond5.32 × 4.06 m

3 pc ensuite · closet organizers · hardwood floor

Primary BedroomSecond5.70 × 4.40 m

5 pc ensuite · walk-in closet(s) · overlooks backyard

LaundrySecond3.23 × 1.99 m

undermount sink · pot lights

FoyerMain2.44 × 4.72 m

hidden lights · hardwood floor · open concept

OfficeMain3.92 × 2.79 m

window floor to ceiling · hidden lights · separate room

Media RoomLower3.80 × 4.72 m

pot lights · hardwood floor · above grade window

KitchenMain8.04 × 4.77 m

centre island · b/i appliances · eat-in kitchen

Moe’s TakeTeam Asgarian · Broker
In line
$3.25Mest. value

Listed at $3,000,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.59M, 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 $3.50M
  • Adjusts to $3.50M

That comparable adjusts to $3.50M; the $3.25M estimate above is the median of all 16 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. Bridge Rd + Valley Dr is about a 1-minute walk away.

List price
$2.80MGreat deal$3.58MOverpriced

Total price vs nearby homes. Fair value about $3.25M, median of 16 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in West · asking prices
$3.08Mavg asking

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

540 Weir Avenue$2.95M1403 Wren Avenue$3.15M433 Jeanette Drive$3.20M476 TENNYSON Drive$2.80M487 Orchard Drive$3.29M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.00MThis home2.95M3.15M3.20M2.80M3.29MThis home vs active comparables
Live market pulseActive comparables in West · median list $2.95M
$923this home / sqft
35active listings nearby
95days on market

This home lists 1% above the area average of $910/sqft.

90 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

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: Bridge Rd + Valley Dr, about 66 m away

20+ transit stops2 grocery11 dining12 parks5 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
Glen Abbey
$1.98M
Bronte
$1.82M
West Oak Trails
$1.48M
College Park
$1.36M

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
$13,673/mo
$552KIncome needed
5.4×Price ÷ income
$3,155Weekly 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.

94%mortgage
Mortgage $13,673Property tax $936Total carry $14,609

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)
$12,807per month

Mortgage amount $2,400,000 · 4.14% over 25 years

$600,000Down payment (20.0%)
$2,400,000Loan before insurance
$0CMHC premium
$13,743Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,807
Property tax
$936
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,743

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

One-time closing costs

Ontario land transfer tax
$61,475
Estimated closing costs
$61,475

Plus your down payment of $600,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,556/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

$1,442,187Total interest paid
$3,842,187Total of all payments
Principal $2,400,000 Interest $1,442,187
YearPrincipalInterestBalance
1$56,224$97,464$2,343,776
2$58,575$95,112$2,285,201
3$61,026$92,662$2,224,175
4$63,578$90,109$2,160,597
5$66,238$87,450$2,094,359
6$69,008$84,679$2,025,351
7$71,895$81,793$1,953,457
8$74,902$78,786$1,878,555
9$78,035$75,652$1,800,520
10$81,299$72,388$1,719,220
11$84,700$68,988$1,634,521
12$88,243$65,445$1,546,278
13$91,934$61,754$1,454,345
14$95,779$57,908$1,358,566
15$99,785$53,902$1,258,780
16$103,959$49,728$1,154,821
17$108,308$45,380$1,046,513
18$112,838$40,849$933,675
19$117,558$36,130$816,117
20$122,475$31,212$693,642
21$127,598$26,089$566,044
22$132,935$20,752$433,109
23$138,496$15,192$294,613
24$144,289$9,399$150,324
25$150,324$3,363$0

At the end of your 5-year term

Total paid over the term
$768,437
Principal paid down
$305,641
Interest paid
$462,797
Balance remaining
$2,094,359

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$6,300/mo
$75,600Gross annual rent
1.8%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 $11,234− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $54,650

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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