282 Maurice Drive, Oakville, ON

Central, Oakville · MLS® W13413846

$3,555,000
For Sale
Listed 39 days ago
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6Bedrooms
8Bathrooms
2Garage · 7 parking
3500-5000Sq Ft

About this home

Absolutely an outstanding property in Oakville!!! Built with architectural design by Keeren Design Inc. This newly completed luxury residence offers over 5,700 square feet of thoughtfully designed living space on a premium 62' x 173' lot in one of Oakville's most desirable neighbourhoods. Meticulously crafted with a focus on functionality and quality, the home blends classic architectural elegance with modern comfort. One-of-a-kind luxury residence in the heart of Central Oakville! This custom masterpiece offers over 5,700 sq ft of meticulously finished living space. Featuring total of 6 spacious bedrooms, 8 baths, radiant heated curbless washrooms, 10' ceilings on the main floor, 9' ceilings on the upper, and smart home automation via Control4. The chef's kitchen includes Thermador appliances, Avocatus leathered quartzite countertops, and custom cabinetry. Enjoy a bi-fold kitchen window opening to a private heated patio with Urbana fireplace and sleek glass privacy panels. Fully finished basement with home theatre, gym, and California-inspired infrared sauna. Heated driveway, Rinox stone + Rialux siding,both Canadian quality, tilt & turn European windows, custom lighting, in-ceiling speakers, and more! Located on a quiet street, close to top private & public schools, parks, Transits, Highways, Malls, Downtown and the lake.

Key facts

Property type
Detached, 2-Storey
MLS®
W13413846
Bedrooms
6 (5 + 1)
Bathrooms
8 (2 half)
Size
3500-5000
Lot
62.33 × 173.69 ft
Cross streets
Dorval/Rebecca
Parking
2 garage · 7 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$13,332 / 2025
Days on market
39
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Exercise RoomBasement4.60 × 3.96 m
LaundryMain3.07 × 2.17 m
BathroomSecond4.90 × 7.00 m

5 Pc Ensuite

BedroomBasement4.29 × 4.78 m
Dining RoomMain5.10 × 3.70 m
Living RoomMain4.78 × 3.96 m
Bedroom 3Second4.48 × 2.92 m
Media RoomBasement6.40 × 4.26 m
OfficeMain3.99 × 3.74 m
Bedroom 5Second3.68 × 3.56 m
PantryMain1.67 × 1.33 m
BathroomSecond5.10 × 8.30 m

7 Pc Ensuite

Primary BedroomSecond4.60 × 4.60 m
Bedroom 4Second4.00 × 3.38 m
BedroomMain4.31 × 3.44 m
KitchenMain4.78 × 5.95 m
PantryMain1.00 × 3.07 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$5.12Mest. value

Listed at $3,555,000, this home is about 31% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Central, 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 $3.00M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $5.00M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $5.04M

That comparable adjusts to $5.04M; the $5.12M 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 very walkable address with everyday errands close by. Maurice Dr + Mary St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3.56MGreat deal$6.29MOverpriced

Total price vs nearby homes. Fair value about $5.12M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$5.36Mavg asking

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

231 Wedgewood Drive$6.40M225 Prince George Crescent$3.79M150 WOLFDALE Avenue$5.00M1102 Crestview Street$6.25M

The 4 closest active listings nearby.

See all comparable homes
3.56MThis home6.40M3.79M5.00M6.25MThis home vs active comparables
Live market pulseActive comparables in Central · median list $1.85M
$836this home / sqft
21active listings nearby
39days on market

This home lists 16% below the area average of $995/sqft.

34 days longer than the Oakville average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Central, 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

82/ 100

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: Maurice Dr + Mary St, about 31 m away

20+ transit stops5 grocery20+ dining20+ parks15 pharmacies

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.

Southwest
$3.79M
College Park
$1.28M
West
$1.86M
Morrison
$5.03M
Glen Abbey
$1.98M

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
$16,203/mo
$653KIncome needed
5.4×Price ÷ income
$3,739Weekly 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.

94%mortgage
Mortgage $16,203Property tax $1,111Total carry $17,314

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,177per month

Mortgage amount $2,844,000 · 4.14% over 25 years

$711,000Down payment (20.0%)
$2,844,000Loan before insurance
$0CMHC premium
$16,288Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,177
Property tax
$1,111
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,288

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

One-time closing costs

Ontario land transfer tax
$75,350
Estimated closing costs
$75,350

Plus your down payment of $711,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,433/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

$1,708,992Total interest paid
$4,552,992Total of all payments
Principal $2,844,000 Interest $1,708,992
YearPrincipalInterestBalance
1$66,625$115,495$2,777,375
2$69,412$112,708$2,707,963
3$72,315$109,804$2,635,648
4$75,340$106,780$2,560,307
5$78,492$103,628$2,481,816
6$81,775$100,345$2,400,041
7$85,195$96,924$2,314,846
8$88,759$93,361$2,226,087
9$92,471$89,648$2,133,616
10$96,339$85,780$2,037,276
11$100,369$81,751$1,936,907
12$104,567$77,552$1,832,340
13$108,941$73,178$1,723,398
14$113,498$68,621$1,609,900
15$118,246$63,874$1,491,655
16$123,192$58,928$1,368,463
17$128,345$53,775$1,240,118
18$133,713$48,407$1,106,405
19$139,306$42,814$967,099
20$145,133$36,987$821,966
21$151,204$30,916$670,762
22$157,528$24,591$513,234
23$164,118$18,002$349,117
24$170,982$11,137$178,134
25$178,134$3,985$0

At the end of your 5-year term

Total paid over the term
$910,598
Principal paid down
$362,184
Interest paid
$548,414
Balance remaining
$2,481,816

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$7,350/mo
$88,200Gross annual rent
1.8%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.5%
Gross yield
− Property tax $13,332− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $63,766

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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