3294 Charles Fay Passage, Oakville, ON
Glenorchy, Oakville · MLS® W13230326
About this home
Executive Elegance in Oakville's Coveted Preserve Community. Extensively transformed with premium upgrades, this home exemplifies modern luxury, quality craftsmanship, and true pride of ownership. Come and be wowed with this 4+1 bed Executive home!! Thousands of $$ Spent on Premium Upgrades. This well loved and kept house won't last long. Some of the upgrade features include:* Crown Molding in every room. * High end Hardwood Floor. * 9ft ceiling. * Feature Walls/Flat Panel Molding in Dining and Living room. * Flat panel molding in family room ceiling. *French Molding in Foyer over 2 floors. * Magnificent Chandelier in Foyer. * Hardwood Stairs. * Light filled Foyer with soaring ceiling. * Double door entrance. * Epoxy coating in Garage floor. *Custom built closets. * Free Standing Tub in Primary Washroom. * Recessed Pot Lights all over the house. * Much desired open concept main floor. * 4+1 Bedrooms, 4 washrooms. * Main floor laundry with garage access. * Generous Dining area with remote controlled blinds. * Huge Primary bedroom for King sized bed and loads of extra room, Three additional generously sized bedrooms offer flexibility for family, guests, or a home office. * Storage room and many storage areas. * The completely finished basement adds exceptional value with a large rec-room, a 5th bedroom, a 3-piece bathroom, and a storage room- perfect for extended family, in law living, or a private guest suite. * Exterior upgrades include stone patio with tempered glass banisters and step lights.* Stone landscaped backyard and a Gazebo ready area. *Electric charge cable in Garage, just put the plug required for your vehicle. * Low traffic area makes safe for families. * Ideally located close to top-rated schools, parks, trails, shopping, and all amenities. This turnkey luxury home is a rare opportunity and won't last long!!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13230326
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500
- Lot
- 33.86 × 111.7 ft
- Cross streets
- Dundas St W and Preserve
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,774 / 2026
- Days on market
- 46
- Listing brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Rooms
laminate · pot lights · walk-in closet(s)
crown moulding · broadloom · large window
hardwood floor · crown moulding · pot lights
laminate · pot lights
pot lights · hardwood floor · crown moulding
laminate · pot lights
quartz counter · crown moulding · stainless steel appl
crown moulding · broadloom · large window
crown moulding · walk-in closet(s) · broadloom
crown moulding · broadloom · large window
hardwood floor · crown moulding · gas fireplace
Listed at $1,599,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.90M, higher than the comparables and worth a second look.
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 $1.70M
- Bedrooms +$30K
- Adjusts to $1.73M
That comparable adjusts to $1.73M; the $1.51M estimate above is the median of all 12 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 $1.51M, median of 12 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 7% above the area average of $662/sqft.
40 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Glenorchy, 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 $1,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,826
- Property tax
- $731
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,557
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Estimated closing costs
- $28,455
Plus your down payment of $319,800. 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
- $409,577
- Principal paid down
- $162,906
- Interest paid
- $246,671
- Balance remaining
- $1,116,294
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 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.