491 Threshing Mill Boulevard, Oakville, ON

Joshua Meadows, Oakville · MLS® W13074626

$2,299,999
For Sale
Listed 76 days ago
4Bedrooms
5Bathrooms
2Garage · 4 parking
3500-5000Sq Ft

About this home

Exceptionally crafted by Greenpark Group in 2019, this expansive 4-bedroom family home offers over 5,200 sq ft of beautifully finished living space. Ideally positioned at the end of the row on a rare premium lot with an impressive 98-ft frontage, the property backs onto a wooded trail providing a level of privacy seldom found in the neighbourhood. Thoughtfully designed to balance quiet luxury with everyday living, the home features rich hardwood and porcelain flooring throughout, along with elegant formal spaces including a large dining room and a stunning sitting area highlighted by soaring cathedral ceilings and transom windows. At the heart of the home is a show-stopping modern kitchen, complete with high-end Miele appliances, beautiful stone countertops, and a convenient butler's pantry. The open layout flows effortlessly into a spacious family room with a gas fireplace-perfect for both entertaining and relaxed family time. Upstairs, four generously sized bedrooms provide ample space for a growing family. The primary features two walk-in closets and a stunning 5-pc ensuite. The impressive 1,600 sq ft finished basement adds tremendous versatility, featuring a full bathroom, separate entrance, dedicated laundry room, and a rough-in for a future kitchen. During warmer months, the premium lot truly shines with two distinct outdoor areas ideal for playing, entertaining, or simply unwinding in privacy. The garage is also equipped with EV charging capability. A rare offering that combines space, privacy, and modern luxury-this home truly has it all.

Key facts

Property type
Detached, 2-Storey
MLS®
W13074626
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000
Lot
98.56 × 90.39 ft
Cross streets
Eighth Line & Dundas St W
Parking
2 garage · 4 parking (attached)
Basement
Finished, Separate Entrance, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,249 / 2025
Days on market
76
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE

Rooms

Exercise RoomBasement7.77 × 7.90 m
Living RoomMain3.68 × 3.33 m
Family RoomMain4.47 × 4.90 m
Dining RoomMain4.93 × 5.89 m
Bedroom 3Second5.18 × 4.01 m
Bedroom 4Second4.47 × 4.67 m
Bedroom 2Second5.69 × 5.03 m
RecreationBasement7.85 × 9.47 m
KitchenMain5.23 × 5.54 m
Primary BedroomSecond5.54 × 5.28 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.41Mest. value

Listed at $2,299,999, this home is about 4% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.19M, a close match.

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 $1.83M
  • Bathrooms +$15K
  • Adjusts to $1.84M

That comparable adjusts to $1.84M; the $2.41M estimate above is the median of all 6 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. Threshing Mills Blvd + Buttonbush Trail is about a 3-minute walk away.

List price
$2.30MGreat deal$2.50MOverpriced

Total price vs nearby homes. Fair value about $2.41M, median of 6 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Income potential
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$3.52Mavg asking

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

2411 Saw Whet Boulevard$2.30M3455 Liptay Avenue$2.50M45 Shorewood Place$4.89M146 Third Line$4.40M

The 4 closest active listings nearby.

See all comparable homes
2.30MThis home2.30M2.50M4.89M4.40MThis home vs active comparables
Live market pulseActive comparables in Joshua Meadows · median list $1.88M
$541this home / sqft
7active listings nearby
76days on market

This home lists 7% below the area average of $582/sqft.

71 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

Joshua Meadows, 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

59/ 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: Threshing Mills Blvd + Buttonbush Trail, about 239 m away

20+ transit stops3 grocery20+ dining12 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.

Joshua Creek
$2.27M
Glenorchy
$1.71M
River Oaks
$1.60M
College Park
$1.28M
Morrison
$5.03M

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
$10,483/mo
$429KIncome needed
5.4×Price ÷ income
$2,419Weekly 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.

92%mortgage
Mortgage $10,483Property tax $854Total carry $11,337

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)
$9,819per month

Mortgage amount $1,839,999 · 4.14% over 25 years

$460,000Down payment (20.0%)
$1,839,999Loan before insurance
$0CMHC premium
$10,673Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,819
Property tax
$854
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,673

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

One-time closing costs

Ontario land transfer tax
$43,975
Estimated closing costs
$43,975

Plus your down payment of $460,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,926/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

$1,105,676Total interest paid
$2,945,676Total of all payments
Principal $1,839,999 Interest $1,105,676
YearPrincipalInterestBalance
1$43,105$74,722$1,796,894
2$44,908$72,919$1,751,987
3$46,786$71,041$1,705,200
4$48,743$69,084$1,656,457
5$50,782$67,045$1,605,675
6$52,906$64,921$1,552,769
7$55,119$62,708$1,497,649
8$57,425$60,402$1,440,225
9$59,827$58,000$1,380,398
10$62,329$55,498$1,318,068
11$64,936$52,891$1,253,132
12$67,653$50,174$1,185,479
13$70,482$47,345$1,114,997
14$73,431$44,396$1,041,566
15$76,502$41,325$965,064
16$79,702$38,125$885,362
17$83,036$34,791$802,327
18$86,509$31,318$715,817
19$90,128$27,699$625,690
20$93,898$23,929$531,792
21$97,825$20,002$433,967
22$101,917$15,910$332,050
23$106,180$11,647$225,870
24$110,621$7,206$115,249
25$115,249$2,578$0

At the end of your 5-year term

Total paid over the term
$589,135
Principal paid down
$234,324
Interest paid
$354,811
Balance remaining
$1,605,675

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$7,350/mo
$88,200Gross annual rent
2.9%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.

3.8%
Gross yield
− Property tax $10,249− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,849

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE. MLS®/PropTx.

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