2298 Salcome Drive, Oakville, ON

Joshua Creek, Oakville · MLS® W13460478

$1,998,000
For Sale
Listed 30 days ago
4Bedrooms
3Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Welcome to this stunning 4-bedroom corner residence, impeccably move-in ready, nestled in the prestigious Joshua Creek community. This highly sought-after Fernbrook home offers approximately 3,200 sq. ft. of elegantly appointed above-grade living space, plus a partially finished basement. Enjoy an exceptional location within walking distance to top-ranked Iroquois Ridge High School, Iroquois Ridge Community Centre and Glen Ashton Park. Minutes to shopping centres, with seamless access to Highways 403, 407, and QEW, and a short drive to the GO Train for effortless commuting to downtown Toronto. Striking curb appeal with professionally landscaped grounds and stamped concrete patios in both the front and backyard. The front patio, framed by mature greenery, offers a serene, quiet retreat, while the backyard patio is perfect for joyful outdoor dining, offering a perfect balance of zen and zest outdoor living. Step inside to a bright, sophisticated interior where expansive windows bathe the home in natural light, highlighting soaring 12-foot ceilings, elegant crown moulding, and the glow of warm pot lighting. The dramatic two-storey family room with a 17-foot ceiling creates a grand, airy ambiance. A main-floor office features a cathedral ceiling and rich solid oak paneling. The gourmet kitchen is beautifully appointed with granite countertops, a center island, deep upper maple cabinetry, under-cabinet lighting, and new appliances. Retreat to the luxurious primary suite featuring a spa-inspired ensuite with quartz countertop. All bedrooms are generously proportioned, offering exceptional comfort and privacy. The partially finished basement features larger upgraded windows that bring in additional natural light, along with a bathroom rough-in and a spacious area offering excellent potential for future customization. A rare offering that blends space, natural light, and refined living in one of Joshua Creek's most desirable settings.

Key facts

Property type
Detached, 2-Storey
MLS®
W13460478
Bedrooms
4
Bathrooms
3 (1 half)
Size
3000-3500
Lot
51.88 × 109.91 ft
Cross streets
Eight Line & Kestell Blvd
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Full, Partially Finished
Heating
Heat Pump
A/C
Other
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Metal
Sewer
Sewer
Property tax
$8,830 / 2026
Days on market
30
Listing brokerage
RE/MAX Escarpment Realty Inc., Brokerage

Rooms

OtherMain5.51 × 6.17 m
OfficeMain2.93 × 3.59 m
FoyerMain2.28 × 1.88 m
BathroomSecond4.91 × 2.57 m

5 Pc Ensuite

Living RoomMain3.65 × 3.28 m
BathroomMain1.52 × 1.37 m

2 Pc Bath

BathroomSecond2.32 × 2.40 m

5 Pc Bath

Family RoomMain4.52 × 6.72 m
BedroomSecond4.81 × 4.51 m
OtherBasement10.29 × 15.03 m
RecreationBasement4.13 × 7.70 m
BedroomSecond3.74 × 4.66 m
Primary BedroomSecond4.90 × 5.52 m
Dining RoomMain4.08 × 3.32 m
LaundryMain2.55 × 2.51 m
BedroomSecond4.77 × 3.25 m
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.35Mest. value

Listed at $1,998,000, this home is about 15% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.98M, 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 $2.29M
  • Bathrooms −$15K
  • Adjusts to $2.27M

That comparable adjusts to $2.27M; the $2.35M estimate above is the median of all 6 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kestell Blvd + Coronation Dr is about a 2-minute walk away.

List price
$2.00MGreat deal$2.51MOverpriced

Total price vs nearby homes. Fair value about $2.35M, median of 6 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • 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.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.23Mavg asking

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

272 Wisteria Way$1.85M43 Sixteen Mile Drive$1.80M2390 Taylorwood Drive$2.29M10 Settlers Road$2.30M1387 Willowdown Road$2.90M

The 5 closest active listings nearby.

See all comparable homes
2.00MThis home1.85M1.80M2.29M2.30M2.90MThis home vs active comparables
Live market pulseActive comparables in Joshua Creek · median list $2.20M
$615this home / sqft
10active listings nearby
30days on market

This home lists 7% below the area average of $664/sqft.

24 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

Joshua Creek, 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

64/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Kestell Blvd + Coronation Dr, about 173 m away

20+ transit stops5 grocery20+ dining20+ parks13 pharmacies

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.

Joshua Meadows
$1.47M
River Oaks
$1.60M
Glenorchy
$1.71M
College Park
$1.28M
Morrison
$5.03M

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
$9,106/mo
$373KIncome needed
5.4×Price ÷ income
$2,101Weekly 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 $9,106Property tax $736Total carry $9,842

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)
$8,530per month

Mortgage amount $1,598,400 · 4.14% over 25 years

$399,600Down payment (20.0%)
$1,598,400Loan before insurance
$0CMHC premium
$9,265Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,530
Property tax
$736
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,265

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

One-time closing costs

Ontario land transfer tax
$36,435
Estimated closing costs
$36,435

Plus your down payment of $399,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,360/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

$960,497Total interest paid
$2,558,897Total of all payments
Principal $1,598,400 Interest $960,497
YearPrincipalInterestBalance
1$37,445$64,911$1,560,955
2$39,011$63,345$1,521,944
3$40,643$61,713$1,481,301
4$42,343$60,013$1,438,958
5$44,114$58,242$1,394,843
6$45,959$56,396$1,348,884
7$47,882$54,474$1,301,002
8$49,885$52,471$1,251,117
9$51,971$50,385$1,199,146
10$54,145$48,211$1,145,001
11$56,410$45,946$1,088,591
12$58,770$43,586$1,029,821
13$61,228$41,128$968,594
14$63,789$38,567$904,805
15$66,457$35,899$838,348
16$69,237$33,119$769,111
17$72,133$30,223$696,978
18$75,150$27,206$621,828
19$78,294$24,062$543,534
20$81,568$20,787$461,966
21$84,980$17,376$376,985
22$88,535$13,821$288,451
23$92,238$10,118$196,212
24$96,096$6,259$100,116
25$100,116$2,240$0

At the end of your 5-year term

Total paid over the term
$511,779
Principal paid down
$203,557
Interest paid
$308,223
Balance remaining
$1,394,843

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$6,300/mo
$75,600Gross annual rent
2.9%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.

3.8%
Gross yield
− Property tax $8,830− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $57,054

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage. MLS®/PropTx.

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