2344 Devon Road, Oakville, ON

Ford, Oakville · MLS® W13078164

$1,599,000
For Sale
Listed 74 days ago
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5Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Located in a highly sought-after pocket of Oakville, 2344 Devon Road is a move-in ready home offering space, functionality, and thoughtful updates throughout. The upper level features four well-sized bedrooms, while the finished basement adds a fifth bedroom perfect for guests, teens, or extended family. The main floor offers a bright, easy flow for everyday living, with connected living and dining spaces and an updated kitchen complete with modern cabinetry, clean finishes, and stainless steel appliances. The lower level provides additional living space with a large rec room and a full bathroom. Step outside to a private, fully fenced backyard-ideal for relaxing or entertaining. An attached garage and ample driveway parking add to the convenience. Set in a family-friendly neighbourhood, this home is within close proximity to top-rated schools including Maple Grove Public School, Oakville Trafalgar High School, E.J. James Public School, and St. Marguerite d'Youville Elementary School. Also just minutes to parks, shopping, Lake Ontario, the GO Station, and major highways, making it an ideal location for commuters and families alike.

Key facts

Property type
Detached, 2-Storey
MLS®
W13078164
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
50.8 × 100.16 ft
Cross streets
Lakeshore Rd E / Devon Rd
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,759 / 2026
Days on market
74
Listing brokerage
Real Broker Ontario Ltd.

Rooms

KitchenMain6.34 × 3.50 m

stainless steel appl · double sink · w/o to yard

Family RoomMain4.50 × 4.30 m

hardwood floor · california shutters · pot lights

Bedroom 3Second3.28 × 3.01 m

california shutters · hardwood floor · double closet

RecreationBasement7.64 × 4.46 m

double closet · 4 pc bath · california shutters

Bedroom 4Second3.20 × 3.10 m

hardwood floor · picture window · california shutters

Dining RoomMain3.10 × 3.05 m

hardwood floor · pot lights · california shutters

LaundryBasement2.67 × 1.44 m

separate room · ceramic floor · pot lights

Primary BedroomSecond3.54 × 4.15 m

3 pc ensuite · large window · custom backsplash

BedroomBasement3.72 × 3.20 m

closet · pot lights · above grade window

Bedroom 2Second3.54 × 3.10 m

large closet · hardwood floor · picture window

Living RoomMain4.87 × 4.46 m

bay window · pot lights · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.96Mest. value

Listed at $1,599,000, this home is about 18% below comparable homes, worth a close look. 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 $1.63M, 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 $1.98M
  • Size difference +$495K
  • Bathrooms +$15K
  • Adjusts to $2.49M

That comparable adjusts to $2.49M; the $1.96M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Devon Rd + Breton Close is about a 1-minute walk away.

List price
$1.60MGreat deal$2.02MOverpriced

Total price vs nearby homes. Fair value about $1.96M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.46Mavg asking

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

2491 Woburn Crescent$1.60M2382 Falkland Crescent$1.30M3287 Victoria Street$1.48M

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home1.60M1.30M1.48MThis home vs active comparables
Live market pulseActive comparables in Ford · median list $2.16M
$914this home / sqft
5active listings nearby
74days on market

This home lists 19% below the area average of $1,135/sqft.

68 days longer than the Oakville average (6 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Ford, 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

33/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Devon Rd + Breton Close, about 48 m away

20+ transit stops2 dining13 parks

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.

Morrison
$5.03M
Joshua Creek
$2.27M
College Park
$1.36M
Joshua Meadows
$1.47M
River Oaks
$1.60M

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
$7,288/mo
$295KIncome needed
5.4×Price ÷ income
$1,682Weekly 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 $7,288Property tax $480Total carry $7,768

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,826per month

Mortgage amount $1,279,200 · 4.14% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,306Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,826
Property tax
$480
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,306

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,291/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

$768,686Total interest paid
$2,047,886Total of all payments
Principal $1,279,200 Interest $768,686
YearPrincipalInterestBalance
1$29,967$51,948$1,249,233
2$31,221$50,695$1,218,012
3$32,527$49,389$1,185,485
4$33,887$48,028$1,151,598
5$35,305$46,611$1,116,294
6$36,781$45,134$1,079,512
7$38,320$43,596$1,041,192
8$39,923$41,993$1,001,270
9$41,593$40,323$959,677
10$43,332$38,583$916,345
11$45,145$36,770$871,200
12$47,033$34,882$824,166
13$49,001$32,915$775,166
14$51,050$30,865$724,115
15$53,186$28,730$670,930
16$55,410$26,505$615,520
17$57,728$24,187$557,792
18$60,143$21,773$497,649
19$62,658$19,257$434,991
20$65,279$16,636$369,711
21$68,010$13,906$301,702
22$70,855$11,061$230,847
23$73,818$8,097$157,029
24$76,906$5,009$80,123
25$80,123$1,793$0

At the end of your 5-year term

Total paid over the term
$409,577
Principal paid down
$162,906
Interest paid
$246,671
Balance remaining
$1,116,294

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

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.

2.4%
Gross yield
− Property tax $5,759− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,483

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Real Broker Ontario Ltd.. MLS®/PropTx.

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