278 Old Orchard Circle, Oakville, ON
Wedgewood Creek, Oakville · MLS® W13419554
About this home
First time offered by the original owners, this beautifully renovated detached executive home in sought-after Oakville presents over 3,762 sq. ft. of finished living space, thoughtfully designed for modern family living and multi-generational comfort. Step inside to a bright, spacious layout featuring a brand-new chef-inspired kitchen with stainless steel appliances, elegant renovated bathrooms, and a combination of stylish porcelain tile and durable laminate flooring throughout. Large windows bring in natural light, creating a warm and welcoming atmosphere ideal for everyday living and entertaining. A major highlight is the fully finished legal basement with a separate entrance, complete with a 2-bedroom suite, full kitchen, generous living area, and bathroom, offering excellent income potential or the perfect space for extended family. Recent upgrades include newer windows, a new roof, and a new furnace (Dec.2025), providing peace of mind for years to come. Offering exceptional convenience, the home includes a double car garage plus a private driveway with parking for three additional vehicles, making it ideal for families and guests. Set in a quiet, family-friendly Oakville neighbourhood known for its strong sense of community, this home is just steps from parks, walking trails, and top-rated schools including Iroquois Ridge High School. Sheridan College, shopping, and major transit routes including QEW/403 & GO Station are all nearby, making commuting and daily errands effortless. A rare opportunity to own a move-in-ready home that combines comfort, income potential, and an unbeatable location in one of Oakville's most desirable communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13419554
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 52.49 × 100.33 ft
- Cross streets
- Trafalgar Rd / Upper Middle Rd E
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,078 / 2025
- Days on market
- 38
- Listing brokerage
- HOMELIFE FRONTIER REALTY INC.
Rooms
open concept · laminate · bay window
laminate · double closet · window
double closet · window · laminate
separate room · w/o to yard
tile floor · eat-in kitchen
combined w/living · laminate · open concept
modern kitchen · eat-in kitchen · tile floor
tile floor · open concept
laminate · double closet · window
fireplace · laminate · window
w/o to garden · tile floor · open concept
open concept · laminate · walk-in closet(s)
double closet · window · laminate
laminate · double closet · window
Listed at $1,699,900, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.58M, a bit lower.
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 $1.80M estimate above is the median of all 7 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Trafalgar Rd. @ Upper Middle Rd. E. is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.80M, median of 7 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Income potential
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 11% below the area average of $691/sqft.
33 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wedgewood Creek, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Trafalgar Rd. @ Upper Middle Rd. E., about 40 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 $1,359,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,257
- Property tax
- $590
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,847
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,473
- Estimated closing costs
- $30,473
Plus your down payment of $339,980. 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
- $435,422
- Principal paid down
- $173,186
- Interest paid
- $262,236
- Balance remaining
- $1,186,734
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
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 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 HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.