1473 Elm Road, Oakville, ON
College Park, Oakville · MLS® W13164520
About this home
Welcome to this beautifully upgraded 3+2 bedroom detached home in the highly desirable College Park neighborhood of Oakville-offering space, versatility, and exceptional value! The main level welcomes you with a bright living and dining room, perfect for entertaining, while the spacious family room just few stairs up offers a unique and inviting space for relaxation with ample natural light. The open-concept kitchen is equipped with quartz countertops, new sink & faucet, and overlooks a fully fenced backyard, creating a warm and functional layout for everyday living. The home is enhanced with *pot lights* and *brand new flooring* on the main floor, along with new carpet on the stairs. Upstairs, you'll find 3 generously sized bedrooms, including a comfortable primary retreat. Thousands have been spent on upgrades, including*updated kitchen finishes and modernized washroom vanities, countertops, and faucets*. The *fully finished basement* with separate entrance is a standout feature-offering 2 additional bedrooms, a full washroom, and a kitchen, ideal for extended family or excellent rental income potential. Located in a prime, family-friendly area with easy access to parks, recreation centre , library, Oakville GO Station, and Highways 407 & 401, this home combines space, style, and convenience.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13164520
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 39.37 × 111.55 ft
- Cross streets
- Upper Middle Rd W / Sixth Line
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Brick, Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,058 / 2025
- Days on market
- 56
- Listing brokerage
- CENTURY 21 PROPERTY ZONE REALTY INC.
Rooms
open concept · pot lights · separate room
broadloom · fireplace
hardwood floor · window · closet
Quartz Counter
hardwood floor · large window · closet
open concept · pot lights
hardwood floor · window · closet organizers
Listed at $1,299,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 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 $1.21M, 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 $1.35M
- Adjusts to $1.35M
That comparable adjusts to $1.35M; the $1.22M 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $1.22M, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Open-concept layout: modern, sought-after flow.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 0% above the area average of $742/sqft.
50 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
College Park, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA 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.
Almost all errands require a car.
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 $1,039,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,546
- Property tax
- $422
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,967
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Estimated closing costs
- $22,455
Plus your down payment of $259,800. 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
- $332,733
- Principal paid down
- $132,342
- Interest paid
- $200,391
- Balance remaining
- $906,858
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 CENTURY 21 PROPERTY ZONE REALTY INC.. MLS®/PropTx.