7 Washington Avenue, Oakville, ON
Central, Oakville · MLS® W13032630
About this home
Welcome to this move-in ready, two-storey home in Oakville's highly desirable Kerr Village! Offering the perfect blend of comfortable everyday living and exciting future potential, this property is a rare find that you can easily shape around your unique vision.Designed for ultimate flexibility, the main floor is ideal for multigenerational living, guests, or remote work. This exceptional layout features a bright, open-concept kitchen and living area, creating a social hub perfect for family gatherings and effortless entertaining. A main-floor bedroom sits alongside a dedicated home office (which can easily be converted back into a 4th bedroom), with a convenient 2-piece bathroom completing the level.Upstairs, discover two additional well-proportioned bedrooms and a full family bathroom, complete with smart nooks and generous closet storage throughout.The basement is smartly divided into two functional zones. The "fun side" is a clean slate brimming with immediate usability and future equity potential. Enjoy it now for movie nights, a home gym, or a casual social hangout around the built-in dry bar. The utility side manages the everyday essentials, housing the laundry, furnace, hot water tank, electrical, and expansive wall-to-wall storage shelves.Settle in from day one and enjoy being just steps away from the trendiest shops, top-tier restaurants, artisan cafes, excellent schools, and parks that make Kerr Village Oakville's coolest neighborhood, all while being minutes from downtown Oakville and the waterfront.It already feels like home and seeing it in person takes it to another level. Book your private tour today!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13032630
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1500-2000
- Lot
- 67.37 × 82.16 ft
- Cross streets
- Queen Mary/Stewart
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,782 / 2025
- Days on market
- 86
- Listing brokerage
- Keller Williams Edge Realty
Rooms
2 Pc Bath
4 Pc Bath
Listed at $1,128,000, 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $967K, lower than the comparables and worth a second look. 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 $1.85M
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $1.86M
That comparable adjusts to $1.86M; the $1.39M estimate above is the median of all 5 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, this is a very walkable address with everyday errands close by. Stewart St + Queen Mary Dr is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.39M, median of 5 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.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 26% below the area average of $872/sqft.
81 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Central, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Stewart St + Queen Mary Dr, about 48 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
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 $902,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,816
- Property tax
- $399
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,214
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,035
- Estimated closing costs
- $19,035
Plus your down payment of $225,600. 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
- $288,932
- Principal paid down
- $114,921
- Interest paid
- $174,012
- Balance remaining
- $787,479
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 Keller Williams Edge Realty. MLS®/PropTx.