1491 Pembroke Drive, Oakville, ON
College Park, Oakville · MLS® W13160824
About this home
Attention Developers & Builders! Rear opportunity to own an extra deep, Ravine, and Pie-shaped lot over 80 feet wide at the rear end. The existing 3 Bedroom Bungalow was fully renovated from top to bottom in the year 2020 with modern finishes. Over 150 Feet deep lot back onto Munn's Creek, located among lots of newly developed multi-million-dollar homes. Demolish and build or live in this upscale neighborhood. Situated in a very desirable College Park area. Roof was replaced in 2019; Driveway was replaced in 2020. Currently tenanted to a triple A tenant on a month-to-month lease. Tenant willing to stay if buyer wishes to assume tenancy. Property priced for just the lot, house is a bonus. Images are from 2020.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13160824
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100
- Lot
- 58.22 × 150.25 ft
- Cross streets
- Upper Middle and Pembroke Dr .
- Parking
- 4 parking
- Driveway
- Private Double
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,125 / 2025
- Days on market
- 57
- Listing brokerage
- Century 21 Realty Centre
Rooms
laminate · window
window · laminate · b/i closet
window · laminate · b/i closet
laminate · combined w/living · open concept
laminate · modern kitchen · breakfast bar
laminate · combined w/dining · overlooks frontyard
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Upper Middle Rd West + Elm Rd is about a 3-minute walk away.
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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- 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.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 36% above the area average of $944/sqft.
51 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
College Park, Oakville, ON
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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: Upper Middle Rd West + Elm Rd, about 227 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
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 $927,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,948
- Property tax
- $427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,375
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,655
- Estimated closing costs
- $19,655
Plus your down payment of $231,800. 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
- $296,873
- Principal paid down
- $118,079
- Interest paid
- $178,794
- Balance remaining
- $809,121
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
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 Century 21 Realty Centre. MLS®/PropTx.