150 Cairncroft Road, Oakville, ON

Morrison, Oakville · MLS® W13419974

$2,799,000
For Sale
Listed 39 days ago
4Bedrooms
3Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Welcome to 150 Cairncroft, a rare opportunity to own a distinctive property in one of Oakville's most coveted neighbourhoods. Nestled on a stunning 0.4 acre (17,416 sq ft) corner lot, this charming 3,052 sq ft residence is enveloped by mature trees and lush landscaping, offering the perfect blend of privacy and prestige. Set just steps from the lake and picturesque Gairloch Gardens, the location is unparalleled for those seeking an upscale lifestyle surrounded by nature, yet within easy reach of top-rated schools, downtown Oakville, major commuter routes & transit. Whether you're looking to move right in, renovate, or build your custom dream home (RL1-0 zoning), this property delivers exceptional potential. The existing home is rich in character and warmth with its Mediterranean-inspired façade and design, offering 4 bedrooms + den, and 2.5 bathrooms. The living room showcases exposed structural beams set amongst 1 of this home's 4 cozy fireplaces, lending a rustic allure and architectural interest. While the soaring two-storey foyer also offers captivating views of the inviting yet secluded courtyard-style patio - ideal for entertaining or relaxing under the canopy of greenery. Properties of this caliber and location are exceedingly rare. Don't miss your chance to secure a premium foothold in a neighbourhood known for luxury homes, timeless appeal, and rare public lakefront access only steps away!

Key facts

Property type
Detached, 2-Storey
MLS®
W13419974
Bedrooms
4
Bathrooms
3 (1 half)
Size
3000-3500
Lot
108.47 × 177.29 ft
Cross streets
Lakeshore Rd E & Cairncroft Rd
Parking
2 garage · 8 parking (attached)
Driveway
Private
Basement
Crawl Space, Finished, Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete Block, Poured Concrete
Roof
Fibreglass Shingle
Sewer
Septic
Property tax
$13,579 / 2025
Days on market
39
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Rooms

BreakfastMain3.61 × 3.33 m
Dining RoomMain4.12 × 4.01 m
Living RoomMain6.52 × 3.01 m
Bedroom 3Second3.64 × 3.58 m
Bedroom 2Second4.47 × 3.58 m
OfficeMain4.12 × 4.01 m
RecreationBasement7.61 × 3.55 m
Bedroom 4Second3.97 × 3.58 m
FoyerMain2.98 × 4.51 m
OtherBasement2.87 × 2.98 m
Family RoomMain3.61 × 4.47 m
KitchenMain5.52 × 3.44 m
Primary BedroomSecond5.70 × 3.93 m
WorkshopBasement3.83 × 3.46 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$3.10Mest. value

Listed at $2,799,000, this home is about 10% 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 $2.80M, a close match.

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 $2.69M
  • Bedrooms −$30K
  • Adjusts to $2.67M

That comparable adjusts to $2.67M; the $3.10M 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, 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
$2.80MGreat deal$3.63MOverpriced

Total price vs nearby homes. Fair value about $3.10M, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Value driver
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$2.23Mavg asking

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

1387 Willowdown Road$2.90M10 Settlers Road$2.30M2390 Taylorwood Drive$2.29M272 Wisteria Way$1.85M43 Sixteen Mile Drive$1.80M

The 5 closest active listings nearby.

See all comparable homes
2.80MThis home2.90M2.30M2.29M1.85M1.80MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $3.10M
$861this home / sqft
8active listings nearby
39days on market

This home lists 35% below the area average of $1,326/sqft.

33 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

Morrison, 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.

Ford
$2.51M
College Park
$1.28M
Joshua Creek
$2.23M
Southwest
$3.47M
River Oaks
$1.59M

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
$12,757/mo
$525KIncome needed
5.3×Price ÷ income
$2,944Weekly 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 $12,757Property tax $1,132Total carry $13,889

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)
$11,949per month

Mortgage amount $2,239,200 · 4.14% over 25 years

$559,800Down payment (20.0%)
$2,239,200Loan before insurance
$0CMHC premium
$13,081Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,949
Property tax
$1,132
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,081

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

One-time closing costs

Ontario land transfer tax
$56,450
Estimated closing costs
$56,450

Plus your down payment of $559,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,513/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

$1,345,561Total interest paid
$3,584,761Total of all payments
Principal $2,239,200 Interest $1,345,561
YearPrincipalInterestBalance
1$52,457$90,934$2,186,743
2$54,651$88,740$2,132,092
3$56,937$86,454$2,075,155
4$59,318$84,072$2,015,837
5$61,800$81,591$1,954,037
6$64,385$79,006$1,889,653
7$67,078$76,313$1,822,575
8$69,884$73,507$1,752,691
9$72,807$70,584$1,679,885
10$75,852$67,538$1,604,033
11$79,025$64,366$1,525,008
12$82,330$61,060$1,442,678
13$85,774$57,616$1,356,904
14$89,362$54,029$1,267,542
15$93,100$50,291$1,174,442
16$96,994$46,396$1,077,448
17$101,051$42,339$976,397
18$105,278$38,113$871,119
19$109,681$33,709$761,438
20$114,269$29,121$647,168
21$119,049$24,341$528,119
22$124,029$19,362$404,091
23$129,217$14,174$274,874
24$134,622$8,769$140,253
25$140,253$3,138$0

At the end of your 5-year term

Total paid over the term
$716,952
Principal paid down
$285,163
Interest paid
$431,789
Balance remaining
$1,954,037

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$6,300/mo
$75,600Gross annual rent
1.9%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 $13,579− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $52,305

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.

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