2088 Madden Boulevard, Oakville, ON

River Oaks, Oakville · MLS® W13123726

$1,699,000
For Sale
Listed 65 days ago
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6Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Nestled in the highly sought-after River Oaks community, this beautifully renovated 4+2 bedroom home offers over 3,800 sq ft of thoughtfully designed living space. Move-in ready and meticulously maintained, it blends modern finishes with a functional layout ideal for family living. The main floor features hardwood flooring, pot lights, and a bright open-concept design. The upgraded kitchen boasts quartz countertops, stainless steel appliances, custom cabinetry, and a breakfast area overlooking the private backyard with walk-out to a spacious deck - perfect for everyday living and entertaining. Upstairs, the carpet-free level offers four generously sized bedrooms and fully renovated bathrooms with contemporary finishes. The fully finished basement (2023) adds exceptional versatility with two additional bedrooms, a full bathroom, large recreation area, and a kitchenette - ideal for extended family or multi-generational living. Additional highlights include updated lighting and fixtures, and a roof replaced in 2021. Ideally located close to top-rated schools, parks, trails, shopping, and major commuter routes.

Key facts

Property type
Detached, 2-Storey
MLS®
W13123726
Bedrooms
6 (4 + 2)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
49.34 × 115.16 ft
Cross streets
Sixth Line/River Oaks Blvd.W.
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,869 / 2025
Days on market
65
Listing brokerage
SKYBOUND REALTY

Rooms

BreakfastMain3.53 × 5.18 m

ceramic floor · pantry · w/o to deck

BedroomBasement3.96 × 3.65 m

laminate · closet · window

Bedroom 4Second3.77 × 2.74 m

broadloom · large closet · picture window

LaundryMain2.60 × 2.74 m

closet · side door · pedestal sink

Bedroom 3Second3.20 × 4.12 m

broadloom · large closet · picture window

Living RoomMain3.66 × 5.48 m

hardwood floor · pot lights · picture window

Primary BedroomSecond3.66 × 6.61 m

4 pc ensuite · walk-in closet(s) · hardwood floor

Bedroom 2Second3.23 × 4.15 m

broadloom · large closet · picture window

BedroomBasement3.35 × 3.65 m

laminate · closet · window

KitchenMain3.81 × 2.77 m

ceramic floor · quartz counter · custom backsplash

Family RoomMain3.47 × 6.00 m

hardwood floor · pot lights · overlooks backyard

Dining RoomMain3.66 × 3.66 m

hardwood floor · pot lights · overlooks living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.79Mest. value

Listed at $1,699,000, this home is about 5% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($618/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

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 $1.72M, 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 $1.70M
  • Adjusts to $1.70M

That comparable adjusts to $1.70M; the $1.79M 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. River Oaks Blvd West + Pen St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.70MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.79M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.78Mavg asking

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

3061 William Cutmore Boulevard$1.40M1443 Bayshire Drive$1.90M215 Burloak Drive$2.05M

The 3 closest active listings nearby.

See all comparable homes
1.70MThis home1.40M1.90M2.05MThis home vs active comparables
Live market pulseActive comparables in River Oaks · median list $1.68M
$618this home / sqft
8active listings nearby
65days on market

This home lists 6% below the area average of $656/sqft.

60 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

River Oaks, 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

74/ 100

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: River Oaks Blvd West + Pen St, about 109 m away

20+ transit stops1 grocery18 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.

College Park
$1.28M
Glenorchy
$1.71M
Joshua Creek
$2.23M
West Oak Trails
$1.48M
Glen Abbey
$1.98M

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
$7,743/mo
$316KIncome needed
5.4×Price ÷ income
$1,787Weekly 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.

93%mortgage
Mortgage $7,743Property tax $572Total carry $8,316

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)
$7,253per month

Mortgage amount $1,359,200 · 4.14% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$7,826Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,253
Property tax
$572
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,826

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,810/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

$816,759Total interest paid
$2,175,959Total of all payments
Principal $1,359,200 Interest $816,759
YearPrincipalInterestBalance
1$31,841$55,197$1,327,359
2$33,173$53,865$1,294,185
3$34,561$52,478$1,259,625
4$36,006$51,032$1,223,618
5$37,513$49,526$1,186,106
6$39,082$47,957$1,147,024
7$40,716$46,322$1,106,308
8$42,419$44,619$1,063,888
9$44,194$42,845$1,019,694
10$46,042$40,996$973,652
11$47,968$39,070$925,684
12$49,975$37,064$875,709
13$52,065$34,973$823,644
14$54,243$32,795$769,401
15$56,512$30,527$712,889
16$58,876$28,163$654,014
17$61,338$25,700$592,675
18$63,904$23,134$528,771
19$66,577$20,461$462,195
20$69,362$17,677$392,833
21$72,263$14,775$320,570
22$75,286$11,753$245,284
23$78,435$8,604$166,849
24$81,716$5,323$85,134
25$85,134$1,905$0

At the end of your 5-year term

Total paid over the term
$435,192
Principal paid down
$173,094
Interest paid
$262,097
Balance remaining
$1,186,106

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$5,250/mo
$63,000Gross annual rent
2.8%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.

3.7%
Gross yield
− Property tax $6,869− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,801

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SKYBOUND REALTY. MLS®/PropTx.

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