1626 Heritage Way, Oakville, ON
Glen Abbey, Oakville · MLS® W13071286
About this home
Rarely does a home of this size and setting come to market in Glen Abbey-and when it does, it doesn't last. Set on a deep lot backing onto a trail and ravine, this property offers nearly 5,400 sq. ft. of living space and a level of privacy that is difficult to find. The main floor is designed for everyday family living, featuring a spacious eat-in kitchen with stainless steel appliances, granite countertops, and a full pantry. The adjoining family room includes a wood-burning fireplace and bay windows that frame views of the ravine. Upstairs, five well-proportioned bedrooms provide ample space for a growing family, without compromise. The renovated spacious basement is a standout feature, offering a large open recreation area along with a private bedroom and full ensuite. It is well-suited for guests, extended family, or a dedicated home office. Outdoor living is equally compelling, with a spacious deck surrounded by mature trees and direct access to the adjacent trail, creating a natural and private setting. Despite the seclusion, the location remains highly convenient. Heritage Way Park and Heritage Glen French Immersion School are directly across the street, while Abbey Park High School and the Oakville Recreation Centre & Library are within walking distance. Some photos have been virtually staged to illustrate potential use of space.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13071286
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000
- Lot
- 49.21 × 118.11 ft
- Cross streets
- Postmaster/Upper Middle
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,922 / 2025
- Days on market
- 77
- Listing brokerage
- AKARAT GROUP INC.
Rooms
broadloom · fireplace
ceramic floor · granite counters · stainless steel appl
Hardwood Floor
broadloom · closet
broadloom · walk-in closet(s) · 5 pc ensuite
broadloom · 3 pc ensuite
broadloom · closet
Vinyl Floor
broadloom · double doors · window
broadloom · closet
Ceramic Floor
Hardwood Floor
broadloom · closet
Listed at $2,100,000, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.17M, 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 $1.80M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.75M
That comparable adjusts to $1.75M; the $2.48M estimate above is the median of all 7 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. Heritage Way + Postmaster 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 $2.48M, median of 7 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 17% below the area average of $594/sqft.
71 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Glen Abbey, 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: Heritage Way + Postmaster Dr, about 47 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,680,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,965
- Property tax
- $744
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,709
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $38,975
- Estimated closing costs
- $38,975
Plus your down payment of $420,000. 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
- $537,906
- Principal paid down
- $213,948
- Interest paid
- $323,958
- Balance remaining
- $1,466,052
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 AKARAT GROUP INC.. MLS®/PropTx.