1508 Oakhill Drive, Oakville, ON

Morrison, Oakville · MLS® W13444624

$3,739,000
For Sale
Listed 98 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
6Bathrooms
2Garage · 10 parking
3500-5000Sq ft

About this home

In short

  • Nestled in the heart of highly sought-after Morrison, this exceptional custom-built executive home offers 4,464sf above grade or nearly 6,000 sf of refined luxury...
  • The home showcases rich hardwood flooring throughout, complemented by custom slatted wood accent walls, extensive millwork, crown mouldings, and soaring ceilings that...
  • The designer kitchen is a chef's dream, featuring premium cabinetry, granite countertops, and top-of-the-line appliances, flowing effortlessly into the principal...
  • Outdoors, enjoy beautifully landscaped front and rear gardens with a full sprinkler system, interlocking stonework, and a private backyard retreat bathed in southern...
  • Located just steps to top-ranked schools (Oakville Trafalgar High School, Maple Grove Public School) and the lake, parks, and downtown Oakville, this home represents...

Nestled in the heart of highly sought-after Morrison, this exceptional custom-built executive home offers 4,464sf above grade or nearly 6,000 sf of refined luxury living space, set on a rare 100 x 150 ft south-facing premium lot. Thoughtfully designed with a contemporary aesthetic and impeccable craftsmanship, this residence seamlessly blends elegance with modern functionality.Featuring a versatile layout with 2 bedrooms on the main level and 2 on the upper level, all spacious and boasts its own private ensuites and spacious walk-in closets, offering ultimate comfort and privacy. The home showcases rich hardwood flooring throughout, complemented by custom slatted wood accent walls, extensive millwork, crown mouldings, and soaring ceilings that elevate the sense of space and sophistication.The heart of the home is the breathtaking double-height family room, highlighted by floor-to-ceiling windows, and a dramatic walnut slatted feature wall-creating a true architectural statement. Walk out to a 650 sq.ft. oversized deck, perfect for seamless indoor-outdoor entertaining.The designer kitchen is a chef's dream, featuring premium cabinetry, granite countertops, and top-of-the-line appliances, flowing effortlessly into the principal living spaces. A dedicated main floor office adds convenience for modern living.The professionally finished lower level offers expansive recreation and entertainment areas, ideal for family gatherings or hosting guests.Outdoors, enjoy beautifully landscaped front and rear gardens with a full sprinkler system, interlocking stonework, and a private backyard retreat bathed in southern sunlight.Located just steps to top-ranked schools (Oakville Trafalgar High School, Maple Grove Public School) and the lake, parks, and downtown Oakville, this home represents a rare opportunity in one of Oakville's most prestigious enclaves.

Key facts

Property type
Detached, 2-Storey
MLS®
W13444624
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
100 × 150 ft
Cross streets
Maple Grove Dr/Oakhill
Parking
2 garage · 10 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,693 / 2025
Days on market
98
Listing brokerage
Re/Max Hallmark Realty Ltd.

Rooms

Bedroom 3Main5.11 × 4.78 m

3 pc ensuite · hardwood floor · walk-in closet(s)

Family RoomMain6.17 × 5.23 m

hardwood floor · w/o to deck · floor/ceil fireplace

Primary BedroomSecond5.11 × 4.93 m

5 pc ensuite · hardwood floor · walk-in closet(s)

Living RoomMain4.34 × 4.27 m

hardwood floor · crown moulding · fireplace

Bedroom 4Main3.86 × 5.61 m

3 pc ensuite · hardwood floor · walk-in closet(s)

KitchenMain6.17 × 5.23 m

eat-in kitchen · centre island · stainless steel appl

Bedroom 5Basement3.91 × 7.82 m

Above Grade Window

OfficeMain2.97 × 4.32 m

hardwood floor · overlooks frontyard · french doors

RecreationBasement7.39 × 3.71 m

b/i bar · fireplace

Dining RoomMain6.10 × 3.35 m

hardwood floor · crown moulding · w/o to deck

Bedroom 2Second5.44 × 3.43 m

4 pc ensuite · hardwood floor · walk-in closet(s)

LaundryBasement6.30 × 3.94 m

Above Grade Window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Ford
$1.81M
Clearview
$1.55M
Central
$1.43M
Joshua Creek
$2.25M
Wedgewood Creek
$2.28M

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
$17,041/mo
$695KIncome needed
5.4×Price ÷ income
$3,933Weekly cost
$79,950Land transfer tax, one-time (Ontario)
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 $17,041Property tax $1,391Total carry $18,432

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$16,373per month

Mortgage amount $2,991,200 · 4.39% over 25 years

$747,800Down payment (20.0%)
$2,991,200Loan before insurance
$0CMHC premium
$17,764Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,373
Property tax
$1,391
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,764

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

One-time closing costs

Ontario land transfer tax
$79,950
Estimated closing costs
$79,950

Plus your down payment of $747,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$19,837/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

$1,920,717Total interest paid
$4,911,917Total of all payments
Principal $2,991,200 Interest $1,920,717
YearPrincipalInterestBalance
1$67,687$128,790$2,923,513
2$70,691$125,785$2,852,822
3$73,829$122,648$2,778,993
4$77,105$119,371$2,701,888
5$80,527$115,949$2,621,360
6$84,101$112,375$2,537,259
7$87,834$108,643$2,449,425
8$91,732$104,745$2,357,693
9$95,803$100,673$2,261,890
10$100,055$96,421$2,161,834
11$104,496$91,981$2,057,338
12$109,134$87,343$1,948,205
13$113,977$82,500$1,834,228
14$119,036$77,441$1,715,192
15$124,319$72,158$1,590,873
16$129,836$66,640$1,461,037
17$135,599$60,878$1,325,438
18$141,617$54,860$1,183,822
19$147,902$48,575$1,035,920
20$154,466$42,011$881,454
21$161,322$35,155$720,132
22$168,481$27,995$551,651
23$175,959$20,518$375,692
24$183,768$12,709$191,924
25$191,924$4,553$0

At the end of your 5-year term

Total paid over the term
$982,383
Principal paid down
$369,840
Interest paid
$612,544
Balance remaining
$2,621,360

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
1.6%Cap rate after taxes and upkeep

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.

2.4%
Gross yield
− Property tax $16,693− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,405

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Re/Max Hallmark Realty Ltd.. MLS®/PropTx.

CallRequest a showing