255 Spring Garden Road, Oakville, ON

Southwest, Oakville · MLS® W13249734

$1,899,000
For Sale
Listed 43 days ago
4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Discover the perfect blend of space, privacy, and location in this cherished Southwest Oakville home. Nestled on a quiet, family-friendly street and positioned on a premium 79 x 146-foot lot, this impressive 4-bedroom residence offers approximately 2,300 sq. ft. of living space in one of Oakville's most desirable communities. Surrounded by mature trees and established landscaping, the setting feels peaceful and secluded, while the backyard delivers the ultimate outdoor lifestyle. Enjoy warm summer days by the kidney-shaped in-ground pool, entertain on the patio, or relax amidst beautifully landscaped gardens and expansive green space. The inviting main level features a functional floor plan perfect for busy family life. The kitchen is well equipped with abundant cabinetry, a pantry, and a bright breakfast area with direct access to the backyard. Formal living and dining spaces provide excellent flow for gatherings, while the cozy family room offers a fireplace and California shutters for added warmth and character. A convenient laundry room and powder room complete the main floor. Upstairs includes 4 bedrooms including a spacious primary suite with a walk-in closet and a private 4-piece ensuite. The unfinished lower level presents a blank canvas ready for your vision. Fantastic opportunity in a highly coveted Oakville location. Renovate or move in and enjoy. Ideally located near Lake Ontario, Spring Garden Park, top ranking schools, shopping, transit, libraries, Coronation Park, downtown Oakville, and the GO Station.

Key facts

Property type
Detached, 2-Storey
MLS®
W13249734
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500
Lot
79.33 × 140 ft
Cross streets
Lakeshore Road West to Spring Garden Road
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,441 / 2026
Days on market
43
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

Primary BedroomSecond5.61 × 4.04 m
BreakfastMain3.45 × 2.51 m
LaundryMain3.66 × 2.44 m
FoyerMain2.90 × 2.13 m
BathroomMain1.52 × 1.24 m

2 Pc Bath

KitchenMain3.45 × 2.57 m
OtherLower12.73 × 9.22 m
BedroomSecond4.42 × 2.74 m
Family RoomMain5.08 × 3.63 m
BedroomSecond3.76 × 3.73 m
Cold Room/CantinaLower4.22 × 1.55 m
BathroomSecond2.57 × 2.01 m

4 Pc Ensuite

Living RoomMain5.59 × 3.94 m
Dining RoomMain3.58 × 3.38 m
BathroomSecond2.84 × 2.51 m

5 Pc Bath

BedroomSecond3.91 × 3.12 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.50Mest. value

Listed at $1,899,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($844/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Southwest, so I widened the search to the surrounding area.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.88M, 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 $1.45M
  • Adjusts to $1.45M

That comparable adjusts to $1.45M; the $1.50M estimate above is the median of all 6 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.

List price
$1.45MGreat deal$1.90MOverpriced

Total price vs nearby homes. Fair value about $1.50M, median of 6 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.
  • 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.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.54Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3343 Stocksbridge Avenue$1.70M1527 Varelas Passage$1.47M457 Ravineview Way$1.45M3086 Swansea Drive$1.55M3367 Whilabout Terrace$1.54M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.90MThis home1.70M1.47M1.45M1.55M1.54MThis home vs active comparables
Live market pulseActive comparables in Southwest · median list $3.79M
$844this home / sqft
16active listings nearby
43days on market

This home lists 24% below the area average of $1,108/sqft.

37 days longer than the Oakville average (6 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Southwest, Oakville, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

0/ 100

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

West
$1.85M
Glen Abbey
$1.88M
College Park
$1.28M
Bronte
$1.65M
West Oak Trails
$1.48M

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

Affordability
$8,655/mo
$355KIncome needed
5.4×Price ÷ income
$1,997Weekly cost
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $8,655Property tax $703Total carry $9,358

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,107per month

Mortgage amount $1,519,200 · 4.14% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$8,810Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,107
Property tax
$703
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,810

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$34,455
Estimated closing costs
$34,455

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,847/monthPayment at the qualifying rate

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

$912,905Total interest paid
$2,432,105Total of all payments
Principal $1,519,200 Interest $912,905
YearPrincipalInterestBalance
1$35,590$61,695$1,483,610
2$37,078$60,206$1,446,532
3$38,629$58,655$1,407,903
4$40,245$57,039$1,367,658
5$41,928$55,356$1,325,730
6$43,682$53,602$1,282,047
7$45,509$51,775$1,236,538
8$47,413$49,871$1,189,125
9$49,396$47,888$1,139,729
10$51,462$45,822$1,088,267
11$53,615$43,669$1,034,652
12$55,858$41,427$978,794
13$58,194$39,090$920,600
14$60,628$36,656$859,972
15$63,164$34,120$796,808
16$65,806$31,478$731,002
17$68,559$28,725$662,443
18$71,426$25,858$591,016
19$74,414$22,870$516,602
20$77,527$19,757$439,076
21$80,770$16,515$358,306
22$84,148$13,136$274,158
23$87,668$9,616$186,490
24$91,335$5,949$95,155
25$95,155$2,129$0

At the end of your 5-year term

Total paid over the term
$486,421
Principal paid down
$193,470
Interest paid
$292,950
Balance remaining
$1,325,730

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.7%
Gross yield
− Property tax $8,441− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,015

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.

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