482 Morrison Road, Oakville, ON
Morrison, Oakville · MLS® W13114588
About this home
Extraordinary custom smart home offering over 8700sqft luxury living space (5711 sqft above grade as per MPAC) on one of Oakville's most prestigious and sought-after streets. Situated on a rare 100 x 200 west-facing premium lot, with soaring 10ft high ceilings, 4+2 bedrooms/8 bathrooms/3 car garage, this home has been thoughtfully designed with exceptional attention to detail, blending timeless elegance with modern convenience.Step inside the grand 2-storey foyer, leading to a sophisticated coffered living room with gas fireplace and custom built-ins, and a formal dining room with panelled walls. The open-concept chefs kitchen is a showpiece, featuring a massive centre island, quartz and granite countertops, stainless Thermador appliances, a butler's servery, and walkout to the covered terrace. A panelled office, main floor laundry, and exquisite finishes throughout complete the main level.The upper level hosts 4 spacious bedrooms, each with private ensuites, including a primary retreat with a sitting area, fireplace, opulent dressing room, and a spa-inspired 6-piece marble ensuite with standalone tub and double sinks.The finished lower level is designed for entertainment and relaxation, offering an expansive recreation room with linear fireplace, wet bar, wine cellar, theatre, exercise room, sauna, 4-piece bath with jacuzzi tub, and radiant heated floors, a walk-up leads to the private backyard oasis.Outdoors, enjoy a beautifully landscaped west-facing backyard with a covered terrace, glass railing, stone fireplace, built-in Napoleon barbecue, and speakers, perfect for hosting. The lot provides ample potential for a large pool, tennis court, or basketball court at your choice. A 3-car tandem garage with radiant heat, mudroom access, and lower-level entry.This rare offering is a true masterpiece combining Control4 smart home features, refined craftsmanship, and resort-style amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13114588
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 8 (1 half)
- Size
- 5,000 sq ft
- Lot
- 100 × 200 ft
- Cross streets
- Morrison Road & Linbrook Rd
- Parking
- 3 garage · 7 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Wood
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $30,088 / 2025
- Days on market
- 67
- Listing brokerage
- Re/Max Hallmark Realty Ltd.
Rooms
hardwood floor · open concept · walk-out
hardwood floor · built-in speakers · gas fireplace
wet bar · built-in speakers · fireplace
3 pc ensuite · walk-in closet(s) · hardwood floor
3 pc ensuite · his and hers closets · hardwood floor
stainless steel appl · centre island · granite counters
hardwood floor · coffered ceiling(s) · gas fireplace
hardwood floor · built-in speakers · panelled
6 pc ensuite · walk-in closet(s) · fireplace
wet bar · built-in speakers · coffered ceiling(s)
hardwood floor · crown moulding · built-in speakers
4 pc ensuite · walk-in closet(s) · hardwood floor
Listed at $6,099,000, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $6.72M, 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 $5.75M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $5.79M
That comparable adjusts to $5.79M; the $7.58M estimate above is the median of all 8 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. Linbrook Rd + Morrison Rd is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $7.58M, median of 8 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.
- 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.
- Value driver
- Lifestyle
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 34% below the area average of $1,858/sqft.
62 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morrison, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Linbrook Rd + Morrison Rd, about 210 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 $4,879,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $26,037
- Property tax
- $2,507
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $28,545
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $138,950
- Estimated closing costs
- $138,950
Plus your down payment of $1,219,800. 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
- $1,562,233
- Principal paid down
- $621,367
- Interest paid
- $940,866
- Balance remaining
- $4,257,833
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
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 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 Re/Max Hallmark Realty Ltd.. MLS®/PropTx.