506 Charles Potter Lane, Oakville, ON

Glenorchy, Oakville · MLS® W13448604

$1,569,000
For Sale
Listed 32 days ago
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4Bedrooms
4Bathrooms
2Garage
2000-2500Sq Ft

About this home

Welcome to Woodland Trails, one of North Oakville's most sought-after master-planned communities, celebrated for its scenic trail network, protected woodlands, creek corridors, and exceptional family-friendly lifestyle. Ideally located within walking distance of the Sixteen Mile Sports Complex, parks, shopping, restaurants, services, and Fortino's, and just minutes from Oakville Trafalgar Memorial Hospital, major highways, and the GO Train. This beautifully maintained 3+1-bedroom, 4-bathroom Rosehaven home with a finished basement offers the perfect blend of nature, convenience, and refined living. Set on a professionally landscaped lot with lush gardens, the private backyard is an outdoor retreat featuring a stunning rustic cut-stone patio, mature plantings, maintenance-free fencing, and access to an additional rear parking space. Inside, elegant finishes include 9-foot smooth ceilings, dark hardwood flooring, decorative columns, California shutters, and a striking oak staircase with iron pickets. The bright, spacious great room with a gas fireplace flows into a sun-filled sunroom with an 11'6" ceiling and walkout to the patio. The open-concept kitchen offers dark cabinetry with crown moulding, pullout storage, a large island with breakfast bar, and stainless-steel appliances, and the adjoining formal dining room is enhanced by decorative columns and Palladian windows. Upstairs, three generous bedrooms and two full bathrooms include a luxurious primary retreat with a walk-in closet and a 5-piece ensuite featuring a soaker tub and separate glass shower. The professionally finished basement adds valuable living space with a large recreation room, a 4th bedroom, a 3-piece bathroom, and a laundry room, making this an exceptional family home in one of Oakville's most desirable neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
W13448604
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
30.02 × 98.43 ft
Cross streets
Trailside & Charles Potter
Parking
2 garage (attached)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,811 / 2025
Days on market
32
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 3Second3.45 × 3.05 m

Broadloom

Dining RoomMain5.56 × 3.58 m

Hardwood Floor

Bedroom 2Second4.42 × 3.05 m

Broadloom

Living RoomMain6.71 × 4.47 m

hardwood floor · gas fireplace

RecreationBasement3.20 × 2.69 m
RecreationBasement6.53 × 5.89 m
SunroomMain6.10 × 1.83 m
Primary BedroomSecond4.14 × 3.71 m

broadloom · walk-in closet(s) · 5 pc ensuite

KitchenMain5.59 × 3.76 m

centre island · breakfast bar · pot lights

Bedroom 4Basement3.28 × 2.62 m
Moe’s TakeTeam Asgarian · Broker
In line
$1.46Mest. value

Listed at $1,569,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, 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 $1.70M
  • Adjusts to $1.70M

That comparable adjusts to $1.70M; the $1.46M estimate above is the median of all 10 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
$1.27MGreat deal$1.67MOverpriced

Total price vs nearby homes. Fair value about $1.46M, median of 10 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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Glenorchy · asking prices
$1.61Mavg asking

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

371 Leadwood Gate$1.70M3133 Hiram Terrace$1.69M132 Settlers Road$1.69M142 Culp Trail$1.35M

The 4 closest active listings nearby.

See all comparable homes
1.57MThis home1.70M1.69M1.69M1.35MThis home vs active comparables
Live market pulseActive comparables in Glenorchy · median list $1.60M
$697this home / sqft
13active listings nearby
32days on market

This home lists 3% above the area average of $676/sqft.

26 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

Glenorchy, 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.

River Oaks
$1.59M
West Oak Trails
$1.48M
College Park
$1.28M
Westmount
$1.66M
Glen Abbey
$1.88M

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
$7,151/mo
$293KIncome needed
5.4×Price ÷ income
$1,650Weekly 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 $7,151Property tax $568Total carry $7,719

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)
$6,698per month

Mortgage amount $1,255,200 · 4.14% over 25 years

$313,800Down payment (20.0%)
$1,255,200Loan before insurance
$0CMHC premium
$7,266Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,698
Property tax
$568
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,266

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

One-time closing costs

Ontario land transfer tax
$27,855
Estimated closing costs
$27,855

Plus your down payment of $313,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,136/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

$754,264Total interest paid
$2,009,464Total of all payments
Principal $1,255,200 Interest $754,264
YearPrincipalInterestBalance
1$29,405$50,974$1,225,795
2$30,635$49,744$1,195,160
3$31,916$48,462$1,163,244
4$33,251$47,127$1,129,992
5$34,642$45,736$1,095,350
6$36,091$44,287$1,059,259
7$37,601$42,778$1,021,658
8$39,174$41,205$982,484
9$40,812$39,566$941,672
10$42,519$37,859$899,152
11$44,298$36,081$854,854
12$46,151$34,228$808,704
13$48,081$32,297$760,622
14$50,092$30,286$710,530
15$52,188$28,191$658,342
16$54,371$26,008$603,971
17$56,645$23,734$547,326
18$59,014$21,364$488,312
19$61,483$18,896$426,829
20$64,054$16,324$362,775
21$66,734$13,645$296,041
22$69,525$10,853$226,516
23$72,433$7,945$154,083
24$75,463$4,915$78,620
25$78,620$1,759$0

At the end of your 5-year term

Total paid over the term
$401,893
Principal paid down
$159,850
Interest paid
$242,043
Balance remaining
$1,095,350

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$4,200/mo
$50,400Gross annual rent
2.3%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.

3.2%
Gross yield
− Property tax $6,811− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,645

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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