481 Heath Street, Oakville, ON
River Oaks, Oakville · MLS® W13433390
About this home
Welcome to this beautifully updated 4 bedroom, 4 bathroom family home nestled on a quiet, family friendly street in Oakville's highly sought after River Oaks community. Freshly painted throughout, this spacious home offers a bright and inviting atmosphere, enhanced by 9-foot ceilings on the main level and hardwood flooring throughout the main and second floors.The stunning white kitchen has been thoughtfully updated with quartz countertops/backsplash, and stainless steel appliances, creating the perfect space for both everyday living and entertaining. Outside, the aggregate driveway, front walkway, and backyard patio add exceptional curb appeal and provide beautiful outdoor living spaces.The spacious primary retreat features two walk-in closets and a beautifully renovated 5-piece ensuite complete with a standalone soaker tub, glass shower, and double-sink vanity.The fully finished basement adds valuable living space and features hardwood flooring, a 3-piece bathroom, and a large recreation room-perfect for family movie nights, a games area, home gym, or children's play space.Ideally situated close to top-rated schools, Oakville Trafalgar Memorial Hospital, parks, shopping, major commuter routes, and the scenic trails of 16 Mile Creek, this exceptional home offers the perfect combination of style, comfort, and convenience for today's growing family
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13433390
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 39.46 × 111.55 ft
- Cross streets
- Dundas St W/Neyagawa
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,199 / 2026
- Days on market
- 36
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
Hardwood Floor
Hardwood Floor
Hardwood Floor
quartz counter · stainless steel appl
W/O To Patio
hardwood floor · gas fireplace
2 Pc Bath
Hardwood Floor
Hardwood Floor
hardwood floor · 5 pc ensuite · walk-in closet(s)
Listed at $1,699,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.82M, 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 $1.82M
- Adjusts to $1.82M
That comparable adjusts to $1.82M; the $1.81M estimate above is the median of all 9 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. Neyagawa Blvd + Riverbank Way is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.81M, median of 9 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 4% below the area average of $646/sqft.
31 days longer than the Oakville average (5 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
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: Neyagawa Blvd + Riverbank Way, about 245 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 $1,359,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,253
- Property tax
- $600
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,853
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Estimated closing costs
- $30,455
Plus your down payment of $339,800. 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
- $435,192
- Principal paid down
- $173,094
- Interest paid
- $262,097
- Balance remaining
- $1,186,106
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
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 RIGHT AT HOME REALTY. MLS®/PropTx.