1389 Weaver Avenue, Oakville, ON

Morrison, Oakville · MLS® W13168784

$5,966,800
For Sale
Listed 54 days ago
6Bedrooms
6Bathrooms
3Garage · 9 parking
5,000Sq Ft

About this home

A French Château Estate build 2016, newly renovated magnificent 112' x 137.01' ravine facing LOT in Oakville's best neighborhood, this 7,012 sq ft stands as a testament to timeless architecture and generational living. Could be 6 bedrooms and 6 bathrooms, this residence offers both palatial scale and intimate family spaces, complete with a 3-car garage and a grand driveway accommodating 9 vehicles - creating a private motor court worthy of this exceptional property. Architectural Distinction & Estate Grounds Inspired Design: From the Owen Sound ledge stone facade to the meticulously crafted interior details, every element reflects authentic French architecture Parking Prestige: Beyond the 3-car garage, the estate's expansive driveway provides formal parking for over 9 vehicles, perfectly accommodating grand entertaining and family gatherings Protected Privacy: Nestled on a ravine-lined cul-de-sac with only three neighboring homes, ensuring perpetual tranquility and exclusivity Refined Interiors for Gracious Living Grand Entertaining Spaces: Soaring 10-foot ceilings and an open, flowing layout ideal for both intimate family moments and lavish gatherings Culinary Excellence: A Misani-designed chef's kitchen featuring Wolf and Sub-Zero appliances, serving as the heart of this family estate Private Sanctuaries: Four second-floor ensuite bedrooms offering serene retreats with captivating ravine views Exceptional Amenities: Professional home theatre, sophisticated wet bar, cool gym and saltwater pool with waterfalls create an unparalleled living experience A Lasting STORY. This is more than a residence - it's a heritage property where every detail has been carefully considered for multigenerational enjoyment. From its commanding presence to its thoughtful layout and exceptional grounds, this French château represents a rare opportunity to own a piece of Oakville's finest. DO refer to attachments for FEATURES LIST DOC!!

Key facts

Property type
Detached, 2-Storey
MLS®
W13168784
Bedrooms
6 (4 + 2)
Bathrooms
6 (1 half)
Size
5,000 sq ft
Lot
112 × 137 ft
Cross streets
Devon Rd & Wedgewood Dr
Parking
3 garage · 9 parking (attached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$26,825 / 2025
Days on market
54
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Living RoomMain4.27 × 3.71 m

hardwood floor · gas fireplace · coffered ceiling(s)

OfficeMain4.27 × 3.53 m

hardwood floor · b/i shelves · crown moulding

Family RoomLower7.16 × 7.75 m

wet bar · hardwood floor · pot lights

BreakfastMain4.29 × 3.38 m

hardwood floor · overlooks backyard · w/o to patio

Bedroom 2Second5.18 × 5.21 m

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

Primary BedroomSecond6.27 × 5.54 m

7 pc ensuite · walk-in closet(s) · gas fireplace

Exercise RoomLower4.01 × 5.23 m

pot lights · glass doors · mirrored walls

Bedroom 3Second4.65 × 4.32 m

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

Media RoomLower4.03 × 3.45 m
Bedroom 4Second5.13 × 4.32 m

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

Bedroom 5Lower7.16 × 7.75 m
KitchenMain5.79 × 5.31 m

open concept · b/i appliances · centre island

Dining RoomMain4.88 × 4.27 m

hardwood floor · coffered ceiling(s) · wainscoting

Family RoomMain6.12 × 5.31 m

hardwood floor · gas fireplace · coffered ceiling(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$5.76Mest. value

Listed at $5,966,800, this home is about 4% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,193/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $5.84M, 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 $5.89M
  • Bedrooms +$30K
  • Adjusts to $5.92M

That comparable adjusts to $5.92M; the $5.76M estimate above is the median of all 13 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.

List price
$4.91MGreat deal$5.97MOverpriced

Total price vs nearby homes. Fair value about $5.76M, median of 13 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.

  • 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • 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.
  • Worth verifying
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in Morrison · asking prices
$5.35Mavg asking

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

481 Chartwell Road$4.59M393 Maple Grove Drive$5.89M240 Poplar Drive$6.29M1286 Cambridge Drive$5.00M1522 Devon Road$4.99M

The 5 closest of 8 active listings nearby.

See all comparable homes
5.97MThis home4.59M5.89M6.29M5.00M4.99MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $5.00M
$1,193this home / sqft
15active listings nearby
54days on market

This home lists 10% below the area average of $1,325/sqft.

48 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

0/ 100

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ford
$2.51M
College Park
$1.28M
Joshua Creek
$2.23M
River Oaks
$1.59M
Joshua Meadows
$1.47M

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
$27,195/mo
$1107KIncome needed
5.4×Price ÷ income
$6,276Weekly 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.

92%mortgage
Mortgage $27,195Property tax $2,235Total carry $29,430

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)
$25,473per month

Mortgage amount $4,773,440 · 4.14% over 25 years

$1,193,360Down payment (20.0%)
$4,773,440Loan before insurance
$0CMHC premium
$27,708Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$25,473
Property tax
$2,235
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27,708

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

One-time closing costs

Ontario land transfer tax
$135,645
Estimated closing costs
$135,645

Plus your down payment of $1,193,360. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$30,939/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

$2,868,414Total interest paid
$7,641,854Total of all payments
Principal $4,773,440 Interest $2,868,414
YearPrincipalInterestBalance
1$111,825$193,849$4,661,615
2$116,503$189,171$4,545,112
3$121,376$184,298$4,423,736
4$126,453$179,221$4,297,283
5$131,742$173,932$4,165,541
6$137,253$168,421$4,028,289
7$142,994$162,680$3,885,295
8$148,975$156,699$3,736,320
9$155,206$150,468$3,581,113
10$161,698$143,976$3,419,415
11$168,462$137,212$3,250,953
12$175,509$130,166$3,075,444
13$182,850$122,824$2,892,595
14$190,498$115,176$2,702,096
15$198,466$107,208$2,503,630
16$206,768$98,906$2,296,862
17$215,417$90,257$2,081,445
18$224,427$81,247$1,857,018
19$233,815$71,859$1,623,203
20$243,595$62,079$1,379,608
21$253,784$51,890$1,125,824
22$264,399$41,275$861,425
23$275,459$30,215$585,966
24$286,981$18,693$298,985
25$298,985$6,689$0

At the end of your 5-year term

Total paid over the term
$1,528,371
Principal paid down
$607,899
Interest paid
$920,472
Balance remaining
$4,165,541

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$10,500/mo
$126,000Gross annual rent
1.4%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.

2.1%
Gross yield
− Property tax $26,825− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $83,915

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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