169 Morrison Road, Oakville, ON
Morrison, Oakville · MLS® W13174062
About this home
Nestled in the heart of prestigious Morrison, this fabulous bright open-concept bungalow sits on an exceptional 0.35-acre premium lot backing onto tranquil Morrison Creek and fronting onto Lawson Park-offering a rare "Muskoka-like" setting just moments from downtown Oakville, Gairloch Gardens, and the lake. This beautifully maintained 3+2 bedroom residence features a spacious living room with a wood burning fireplace and an effortless flow into the dining area, where a walkout leads to a private balcony overlooking lush gardens and an inviting in-ground swimming pool. The gourmet kitchen is equipped with premium Sub-Zero refrigeration, Sub-Zero wine fridge, and a Wolf gas stove-perfect for both everyday living and entertaining. The primary suite offers a renovated ensuite, while California shutters throughout enhance both elegance and privacy. Newly upgraded broadloom flooring extends through the bedrooms and into the fully finished lower level, which features a large recreation room with gas fireplace, two additional bedrooms (or office/den), a self-contained kitchen, laundry, and a 3-piece bath with heated floors-ideal for an in-law or nanny suite. A tiled walkout provides seamless access to the backyard oasis. An extra-long, updated asphalt driveway accommodates parking for 8+ vehicles. Located within a top-tier school district and directly across from a park, this rare offering combines natural beauty, luxury, and convenience in one of Oakville's most sought-after neighbourhoods.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13174062
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 101 × 149 ft
- Cross streets
- Lakeshore/Morrison
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $11,860 / 2026
- Days on market
- 53
- Listing brokerage
- Re/Max Hallmark Realty Ltd.
Rooms
ceramic floor · laundry sink
hardwood floor · granite counters · breakfast area
broadloom · closet
hardwood floor · fireplace · recessed lighting
above grade window · broadloom · gas fireplace
tile floor · family size kitchen
broadloom · closet · window
broadloom · closet · window
skylight · closet · tile floor
window · broadloom · closet
3 pc bath · broadloom · closet
hardwood floor · w/o to balcony · open concept
broadloom · w/o to pool
Listing history
- Jul 8, 2026Listed$6,300
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $2,499,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 43 similar homes nearby, adjusted for size, beds, and baths.Median of 43 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.62M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $1.80M
- Size difference +$528K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $2.37M
That comparable adjusts to $2.37M; the $2.01M estimate above is the median of all 43 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 $2.01M, median of 43 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.
- 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.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
- Lifestyle
- Weigh carefully
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 3% above the area average of $1,387/sqft.
47 days longer than the Oakville average (6 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
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
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 $1,999,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,668
- Property tax
- $988
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,657
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,950
- Estimated closing costs
- $48,950
Plus your down payment of $499,800. 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
- $640,108
- Principal paid down
- $254,599
- Interest paid
- $385,510
- Balance remaining
- $1,744,601
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.