40 Glenashton Drive, Oakville, ON
River Oaks, Oakville · MLS® W13227728
About this home
In short
- Beautiful freehold townhome overlooking park & pond.
- This home features many recent upgrades such as modern kitchen, newer windows, double-sided fireplace between Living and Dining rooms.
- Oversized Primary Bedroom features semi-ensuite, upgraded thermostats, new garage door (2024) with automatic opener, Central air conditioning, raised garden beds and...
Beautiful freehold townhome overlooking park & pond. Located in a great residential neighbourhood of River Oaks! Walking distance to shopping, transit and schools! This home features many recent upgrades such as modern kitchen, newer windows, double-sided fireplace between Living and Dining rooms. Oversized Primary Bedroom features semi-ensuite, upgraded thermostats, new garage door (2024) with automatic opener, Central air conditioning, raised garden beds and walk-out from lower level to driveway/ garage offers total parking for 3 cars plus visitor parking. Pls note the large, bright Kitchen with upgraded sliding doors to a south facing balcony with unobstructed view. Must see to appreciate the spacious layout of this home.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- W13227728
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 19.82 × 97.49 ft
- Cross streets
- Trafalgar & Glenashton
- Parking
- 1 garage · 3 parking (built-in)
- Driveway
- Private
- Basement
- Partially Finished, Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,697 / 2025
- Days on market
- 111
- Listing brokerage
- iCloud Realty Ltd.
Rooms
semi ensuite · laminate
laminate · walk-out
laminate · 2 way fireplace · bay window
laminate · bay window · closet
b/i dishwasher · renovated · w/o to balcony
laminate · fireplace · large window
laminate · large window · closet
Listed at $829,000 with no offer date. Homes here have been closing close to ask, so my read is $800K, typically $785K to $814K. Comparable closings on their own put this home around $846K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $800K, from 10 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 5 townhouse homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $638/sqft against an area asking average of $734/sqft. Size and $/sqft both feed the estimate above.
- Ravine / green setting. This home sits beside a wooded ravine. A premium that comparable-sales math under-prices, so read the estimate as a floor.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $880K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in River Oaks, so I widened the search to the surrounding area.
Based on 8 homes sold on this street over the past two years, from 48 closings in River Oaks.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $846K, which is where my estimate comes from.
Per square foot, these ask about $611/sqft; this home lists at $638/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
River Oaks, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $663,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,630
- Property tax
- $308
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,938
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,055
- Estimated closing costs
- $13,055
Plus your down payment of $165,800. 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
- $217,811
- Principal paid down
- $82,000
- Interest paid
- $135,811
- Balance remaining
- $581,200
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
About the suite: in River Oaks basements rarely rent out (1 of 47 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in River Oaks signed at a median of $3,469 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,098. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of iCloud Realty Ltd.. MLS®/PropTx.