2048 Elmhurst Avenue, Oakville, ON
Ford, Oakville · MLS® W13214040
About this home
Exceptional opportunity in one of Southeast Oakville's most coveted neighbourhoods. Situated on a magnificent 100' x 150' lot surrounded by mature trees, this property offers endless possibilities for renovation, expansion, or the construction of a new custom home.The property's impressive dimensions and sought-after RL1-0 zoning create an exceptional canvas for future plans. With zoning permitting up to 30% lot coverage, the site provides the opportunity to create a substantial custom residence. The existing residence has been lovingly maintained by the same owner for many years. The current home offers spacious principal rooms filled with natural light, multiple living areas, generous bedroom accommodations, and a detached garage. Whether you're looking to move in, renovate to suit your lifestyle, or design and build your dream home from the ground up, this property offers remarkable flexibility in an established neighbourhood. Ideally positioned within walking distance of some of Oakville's most highly regarded schools, parks, and the lake, while remaining just minutes from downtown Oakville's vibrant shops, restaurants, and waterfront. Large premium building lots of this size are becoming increasingly rare, making this an exceptional opportunity to secure a premier property in one of the town's most prestigious enclaves.
Key facts
- Property type
- Detached, Backsplit 3
- MLS®
- W13214040
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 100.17 × 150.26 ft
- Cross streets
- Maple Grove Drive / Elmhurst
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Private Double
- Basement
- Finished, Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,049 / 2026
- Days on market
- 50
- Listing brokerage
- CENTURY 21 MILLER REAL ESTATE LTD.
Rooms
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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
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.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 14% above the area average of $1,347/sqft.
44 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ford, 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 $1,596,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,517
- Property tax
- $837
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,354
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,375
- Estimated closing costs
- $36,375
Plus your down payment of $399,000. 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
- $511,011
- Principal paid down
- $203,251
- Interest paid
- $307,760
- Balance remaining
- $1,392,749
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 MILLER REAL ESTATE LTD.. MLS®/PropTx.