112 Elton Park Road, Oakville, ON

Morrison, Oakville · MLS® W13080708

$6,499,000
For Sale
Listed 74 days ago
5Bedrooms
8Bathrooms
3Garage · 9 parking
3500-5000Sq Ft

About this home

Welcome to this resplendent custom-built masterpiece in Southeast Oakville, where flawless contemporary design meets the serenity of lakeside living. Steps from scenic parks and every desired amenity, this home offers over 7,400 SF of exquisitely curated living space designed for those who appreciate sophistication and comfort in equal measure.From the moment you enter, the open-concept layout invites a seamless flow between elegant entertaining and relaxed everyday living. The chef's kitchen, anchored by a grand Caesarstone island and outfitted with premium Miele appliances, effortlessly connects to the dining area, perfect for hosting intimate dinners or grand celebrations. Wine enthusiasts will delight in the temperature-controlled 648-bottle cellar, while the floor-to-ceiling double-sided fireplace brings warmth. The primary suite is a private sanctuary, complete with a serene balcony, a designer walk-in closet, and a spa-inspired ensuite featuring heated floors and a double-sided fireplace. Three additional bedrooms, each with their own ensuites, ensure every guest enjoys comfort and privacy. The lower level offers a full lifestyle experience, featuring a nanny suite, fitness area, sauna, wet bar, and a spacious recreation room with a walk-up to the entertainer's backyard. Step outside to a resort-like setting with a heated inground pool, hot tub, outdoor BBQ station, and pool house, all designed for effortless entertaining year-round. Additional highlights include White Oak hardwood flooring, porcelain tiles, LED lighting, built-in speakers, and a heated driveway. This home is a true testament to craftsmanship and thoughtful design.

Key facts

Property type
Detached, 2-Storey
MLS®
W13080708
Bedrooms
5 (4 + 1)
Bathrooms
8 (1 half)
Size
3500-5000
Lot
84 × 182 ft
Cross streets
Lakeshore Rd E & Elton Park Rd
Parking
3 garage · 9 parking (built-in)
Driveway
Private Double
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stone
Foundation
Poured Concrete
Roof
Flat
Sewer
Sewer
Pool
Inground
Property tax
$24,384 / 2025
Days on market
74
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Family RoomBasement7.00 × 6.19 m

wet bar · pot lights · walk-up

Living RoomMain3.88 × 3.59 m

window floor to ceiling · pot lights · hardwood floor

Bedroom 3Second4.43 × 5.73 m

3 pc ensuite · b/i closet · large window

Primary BedroomSecond4.10 × 4.81 m

5 pc ensuite · walk-in closet(s) · w/o to balcony

OfficeMain4.13 × 2.88 m

glass doors · pot lights · built-in speakers

Bedroom 5Basement4.14 × 4.07 m

3 pc ensuite · b/i closet · above grade window

Family RoomMain4.69 × 4.75 m

2 way fireplace · pot lights · w/o to patio

RecreationBasement8.43 × 6.82 m

mirrored walls · built-in speakers · above grade window

Dining RoomMain5.28 × 4.08 m

2 way fireplace · pot lights · built-in speakers

Bedroom 2Second4.48 × 4.76 m

3 pc ensuite · b/i closet · pot lights

Bedroom 4Second4.49 × 5.77 m

3 pc ensuite · b/i closet · pot lights

KitchenMain6.31 × 4.78 m

b/i appliances · centre island · stone counters

Moe’s TakeTeam Asgarian · Broker
In line
$6.54Mest. value

Listed at $6,499,000, this home is right in line with comparable homes. 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 $5.44M, 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 $6.25M
  • Bathrooms +$15K
  • Adjusts to $6.26M

That comparable adjusts to $6.26M; the $6.54M 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. Reynolds St + Randall St is about a 13-minute walk away.

List price
$6.26MGreat deal$6.80MOverpriced

Total price vs nearby homes. Fair value about $6.54M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Morrison · asking prices
$6.83Mavg asking

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

172 Burgundy Drive$6.46M64 Brentwood Road$7.95M1102 Crestview Street$6.25M138 DIANNE Avenue$5.75M1081 Argyle Drive$7.75M

The 5 closest of 7 active listings nearby.

See all comparable homes
6.50MThis home6.46M7.95M6.25M5.75M7.75MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $6.40M
$1,529this home / sqft
13active listings nearby
74days on market

This home lists 9% below the area average of $1,686/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

Morrison, 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

36/ 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: Reynolds St + Randall St, about 1.0 km away

20+ transit stops20+ dining20+ parks4 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.

Ford
$2.51M
College Park
$1.36M
Southwest
$3.79M
Joshua Creek
$2.27M
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
$29,620/mo
$1191KIncome needed
5.5×Price ÷ income
$6,835Weekly 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 $29,620Property tax $2,032Total carry $31,652

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)
$27,745per month

Mortgage amount $5,199,200 · 4.14% over 25 years

$1,299,800Down payment (20.0%)
$5,199,200Loan before insurance
$0CMHC premium
$29,777Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$27,745
Property tax
$2,032
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$29,777

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

One-time closing costs

Ontario land transfer tax
$148,950
Estimated closing costs
$148,950

Plus your down payment of $1,299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$33,699/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

$3,124,258Total interest paid
$8,323,458Total of all payments
Principal $5,199,200 Interest $3,124,258
YearPrincipalInterestBalance
1$121,799$211,139$5,077,401
2$126,894$206,044$4,950,507
3$132,202$200,737$4,818,305
4$137,732$195,207$4,680,573
5$143,493$189,446$4,537,081
6$149,495$183,444$4,387,586
7$155,748$177,190$4,231,838
8$162,263$170,676$4,069,575
9$169,050$163,889$3,900,526
10$176,121$156,817$3,724,405
11$183,488$149,451$3,540,917
12$191,163$141,776$3,349,754
13$199,159$133,779$3,150,595
14$207,489$125,449$2,943,106
15$216,168$116,770$2,726,938
16$225,210$107,728$2,501,727
17$234,631$98,308$2,267,097
18$244,445$88,494$2,022,652
19$254,670$78,269$1,767,982
20$265,322$67,616$1,502,660
21$276,420$56,518$1,226,241
22$287,982$44,956$938,258
23$300,028$32,910$638,230
24$312,578$20,361$325,652
25$325,652$7,286$0

At the end of your 5-year term

Total paid over the term
$1,664,692
Principal paid down
$662,119
Interest paid
$1,002,572
Balance remaining
$4,537,081

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
0.8%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.

1.4%
Gross yield
− Property tax $24,384− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $52,714

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.

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