86 Kerr Street, Oakville, ON
Central, Oakville · MLS® W13239788
About this home
Location, Location, Location! A rare and exceptional opportunity for buyers, builders, investors, and developers alike! Nestled in the heart of downtown Oakville-one of Canada's most desirable and prestigious communities-this premium 50 ft. x 160 ft. lot (approx. 0.22 acres) offers endless potential. Surrounded by mature trees in a warm, welcoming neighbourhood south of Lakeshore Road, this property is ideally situated just steps from boutique shops, top-tier restaurants, vibrant entertainment, scenic parks, and the stunning lakefront and marina. You'll also find yourself close to renowned private schools, elite country clubs, and all the charm that downtown Oakville has to offer. Whether you're dreaming of building a custom luxury home, a stylish semi-detached, or exploring the possibility of multi-residential or income-generating units, this is your chance to bring your vision to life in a truly unbeatable location. Digital visualization rendering of potential homes.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13239788
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 50 × 160 ft
- Cross streets
- Lakeshore Rd W & Kerr St
- Parking
- 4 parking
- Basement
- Other
- Heating
- Other
- A/C
- Other
- Exterior
- Concrete
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,779 / 2025
- Days on market
- 43
- Listing brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
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 very walkable address with everyday errands close by. Rebecca St. + Kerr St. is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homes38 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Central, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Rebecca St. + Kerr St., about 224 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,439,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,684
- Property tax
- $648
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,332
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,473
- Estimated closing costs
- $32,473
Plus your down payment of $359,980. 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
- $461,037
- Principal paid down
- $183,374
- Interest paid
- $277,663
- Balance remaining
- $1,256,546
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 RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.