437 Cairncroft Road, Oakville, ON

Morrison, Oakville · MLS® W13445698

$4,450,000
For Sale
Listed 33 days ago
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4Bedrooms
6Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Positioned on a rare 0.8-acre ravine lot in one of Southeast Oakville's most coveted neighbourhoods, this exceptional residence makes an immediate impression with its stately curb appeal and beautifully landscaped grounds. Framed by mature trees and offering exceptional privacy, the home presents a refined presence that blends seamlessly with its lush, natural surroundings. Inside, 7,000 sq. ft. of elegantly finished living space unfolds. A grand foyer sets the tone, complemented by rich hardwood flooring and soaring ceilings throughout. The home offers four spacious bedrooms, each with its own private ensuite, along with premium appliances and a custom wine cellar. A separate side entrance adds flexibility, providing a private access point with direct entry to the lower level. Designed for both elegant entertaining and relaxed everyday living, the backyard is a private resort-style retreat. A saltwater inground pool, expansive stone patio, and uninterrupted ravine views create a setting that feels more Muskoka than city. Ideally located within walking distance of Oakville's top-ranked schools and minutes from premier amenities, this home offers a rare combination of estate-scale land, striking curb appeal, and unmatched privacy in a prime urban location. Well maintained with extensive upgrades, it reflects true pride of ownership throughout.

Key facts

Property type
Detached, 2-Storey
MLS®
W13445698
Bedrooms
4
Bathrooms
6 (2 half)
Size
3500-5000
Lot
165 × 169 ft
Cross streets
Cairncroft Rd/Cumnock Cres
Parking
2 garage · 8 parking (attached)
Driveway
Private Double
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$19,019 / 2026
Days on market
33
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Rooms

Primary BedroomSecond6.15 × 4.65 m
DenMain3.61 × 3.23 m
Family RoomMain7.32 × 4.60 m
KitchenMain7.75 × 4.60 m
Bedroom 3Second3.94 × 3.81 m
Bedroom 4Second5.61 × 3.38 m
SunroomMain4.80 × 3.94 m
Living RoomMain8.31 × 5.77 m
RecreationLower8.23 × 11.61 m
Dining RoomMain5.64 × 4.70 m
Bedroom 2Second4.17 × 3.48 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$4.96Mest. value

Listed at $4,450,000, 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 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.14M, 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 $6.25M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $6.21M

That comparable adjusts to $6.21M; the $4.96M estimate above is the median of all 15 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
$4.45MGreat deal$6.21MOverpriced

Total price vs nearby homes. Fair value about $4.96M, median of 15 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Worth verifying
  • Weigh carefully
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$5.04Mavg asking

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

146 Third Line$4.40M45 Shorewood Place$4.89M3455 Liptay Avenue$2.50M265 Maple Grove Drive$6.60M1024 Linbrook Road$6.79M

The 5 closest active listings nearby.

See all comparable homes
4.45MThis home4.40M4.89M2.50M6.60M6.79MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $4.69M
$1,047this home / sqft
21active listings nearby
33days on market

This home lists 18% below the area average of $1,281/sqft.

27 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
River Oaks
$1.59M
Southwest
$3.79M

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
$20,282/mo
$824KIncome needed
5.4×Price ÷ income
$4,680Weekly 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.

93%mortgage
Mortgage $20,282Property tax $1,585Total carry $21,867

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)
$18,997per month

Mortgage amount $3,560,000 · 4.14% over 25 years

$890,000Down payment (20.0%)
$3,560,000Loan before insurance
$0CMHC premium
$20,582Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,997
Property tax
$1,585
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,582

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

One-time closing costs

Ontario land transfer tax
$97,725
Estimated closing costs
$97,725

Plus your down payment of $890,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23,074/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

$2,139,244Total interest paid
$5,699,244Total of all payments
Principal $3,560,000 Interest $2,139,244
YearPrincipalInterestBalance
1$83,399$144,571$3,476,601
2$86,887$141,083$3,389,715
3$90,521$137,448$3,299,193
4$94,308$133,662$3,204,886
5$98,252$129,717$3,106,633
6$102,362$125,608$3,004,271
7$106,644$121,326$2,897,627
8$111,105$116,865$2,786,523
9$115,752$112,218$2,670,771
10$120,594$107,376$2,550,177
11$125,638$102,332$2,424,539
12$130,893$97,077$2,293,646
13$136,368$91,602$2,157,278
14$142,072$85,898$2,015,206
15$148,015$79,955$1,867,191
16$154,206$73,764$1,712,985
17$160,656$67,313$1,552,328
18$167,376$60,593$1,384,952
19$174,377$53,592$1,210,574
20$181,671$46,298$1,028,903
21$189,270$38,699$839,632
22$197,187$30,782$642,445
23$205,435$22,534$437,009
24$214,028$13,941$222,981
25$222,981$4,989$0

At the end of your 5-year term

Total paid over the term
$1,139,849
Principal paid down
$453,367
Interest paid
$686,482
Balance remaining
$3,106,633

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
1.3%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.

2.0%
Gross yield
− Property tax $19,019− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $58,079

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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