565 Pinegrove Road, Oakville, ON
West, Oakville · MLS® W13446252
About this home
Incredible opportunity in a highly sought-after location! This backsplit home is perfectly positioned among newly built multi-million-dollar custom homes, offering exceptional potential for end-users, investors, or builders alike. You will be absolutely amazed with all the stunning homes in this area! Situated on a premium 60 x 125 ft lot, the property sides onto a charming stone-lined creek, creating a picturesque and private setting. Whether you're looking to renovate, build your dream custom home, or generate additional income, the possibilities here are truly endless. Features include a separate walk-up entrance to the basement, offering excellent potential for a future in-law suite or rental apartment. Key updates include a roof (approx. 4 years) and furnace (approx. 9 years). Ideally located close to top-rated schools, Glen Abbey Golf Club, Oakville Golf Club, Sheridan College, parks, shopping, restaurants, and more. A rare opportunity in an area surrounded by luxury homes - don't miss out!
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- W13446252
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 60 × 125 ft
- Cross streets
- Speers Rd / Fourth Line
- Parking
- 5 parking
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,654 / 2026
- Days on market
- 33
- Listing brokerage
- ROYAL LEPAGE MAXIMUM REALTY
Rooms
Closet
Closet
hardwood floor · closet
tile floor · breakfast area · side door
Vaulted Ceiling(s)
Listed at $898,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 39 similar homes nearby, adjusted for size, beds, and baths.Median of 39 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.12M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.10M
- Bathrooms +$15K
- Adjusts to $2.11M
That comparable adjusts to $2.11M; the $819K estimate above is the median of all 39 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 $819K, median of 39 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
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 5% below the area average of $1,051/sqft.
27 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
West, 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 $718,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,834
- Property tax
- $388
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,221
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,435
- Estimated closing costs
- $14,435
Plus your down payment of $179,600. 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
- $230,019
- Principal paid down
- $91,488
- Interest paid
- $138,531
- Balance remaining
- $626,912
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 ROYAL LEPAGE MAXIMUM REALTY. MLS®/PropTx.