2407 East Gate Crescent, Oakville, ON
River Oaks, Oakville · MLS® W13429352
About this home
Welcome to this well-loved 3+2 beds, 3.5 baths family home nestled on a family-friendly street in Oakville's highly sought-after River Oaks neighbourhood. Situated on a terrific lot with great curb appeal and a double driveway, this home offers a functional layout, generous room sizes, and the perfect blend of comfort and convenience for growing families. The spacious main-floor family room features a cozy gas fireplace and is open to the kitchen, creating an ideal space for everyday living and entertaining. A walkout from the kitchen leads to the rear gardens, extending your living space outdoors. Upstairs, you'll find large bedrooms that provide plenty of room for the whole family. The primary bedroom features an exceptionally spacious 5-piece ensuite bathroom. The professionally finished basement offers two additional bedrooms, a full 3-piece bathroom, a kitchen, and a recreation room-perfect for entertaining, relaxing, or accommodating guests. Enjoy an exceptional location within easy walking distance of parks, ravine trails, nature paths, playgrounds, shopping, and everyday amenities, with quick access to all major commuter highways. Top-rated schools, including River Oaks, White Oaks, Our Lady of Peace, and Holy Trinity, are just minutes away, along with community centres, restaurants, and Oakville Trafalgar Hospital. With its excellent layout, quiet setting, spacious lot, and unbeatable location, this is a wonderful opportunity to call one of Oakville's most desirable neighbourhoods home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13429352
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 40.06 × 115.98 ft
- Cross streets
- Neyagawa/Riverglen
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Finished, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $5,392 / 2025
- Days on market
- 38
- Listing brokerage
- FIRST CLASS REALTY INC.
Rooms
laminate · window · combined w/kitchen
tile floor · combined w/rec · open concept
laminate · stainless steel appl · open concept
Tile Floor
laminate · window · closet
laminate · 5 pc ensuite · walk-in closet(s)
laminate · window · closet
laminate · bay window · closet
combined w/dining · laminate · window
laminate · combined w/kitchen · w/o to yard
laminate · window · combined w/dining
laminate · window
Listed at $1,499,000, this home is about 18% above what comparable homes suggest. 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 $1.23M, 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 $1.42M
- Bedrooms +$30K
- Adjusts to $1.45M
That comparable adjusts to $1.45M; the $1.28M 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.
Total price vs nearby homes. Fair value about $1.28M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Value driver
- Worth verifying
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 16% above the area average of $740/sqft.
32 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
River Oaks, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,399
- Property tax
- $449
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,849
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Estimated closing costs
- $26,455
Plus your down payment of $299,800. 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
- $383,963
- Principal paid down
- $152,718
- Interest paid
- $231,244
- Balance remaining
- $1,046,482
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 FIRST CLASS REALTY INC.. MLS®/PropTx.