379 Grovehill Road, Oakville, ON

River Oaks, Oakville · MLS® W13463358

$1,289,000
For Sale
Listed 29 days ago
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5Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Beautiful detached home in Oakville's desirable River Oaks community. Bright and functional layout with updated kitchen cabinets and quartz countertops. The upper level offers 3 spacious bedrooms, 2 full washrooms, and a powder room on the main level. Laminate flooring throughout and fresh paint throughout.The finished basement features a 2-bedroom in-law suite with a kitchen, full bathroom, and its own washer and dryer, offering excellent flexibility for extended family living or added functionality.Additional highlights include a newer roof, integrated humidifier system, extended walk-in closet, and a private walkway leading to the backyard. Conveniently located close to Oakville Trafalgar Memorial Hospital, top-rated schools, parks, sports centres, shopping, walking trails, and major highways including the 403, 407, and QEW.A versatile opportunity in one of Oakville's most established family-friendly communities.

Key facts

Property type
Detached, 2-Storey
MLS®
W13463358
Bedrooms
5 (3 + 2)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
30.77 × 111.65 ft
Cross streets
RIVER GLEN/TOWNE/GROVEHILL
Parking
1 garage · 3 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,118 / 2025
Days on market
29
Listing brokerage
EXP REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$1.28Mest. value

Listed at $1,289,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.53M, a bit higher.

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 $1.42M
  • Bedrooms +$30K
  • Adjusts to $1.45M

That comparable adjusts to $1.45M; the $1.28M estimate above is the median of all 7 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 very walkable address with everyday errands close by. Towne Blvd + Grovehill Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.18MGreat deal$1.50MOverpriced

Total price vs nearby homes. Fair value about $1.28M, median of 7 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Value driver
Comparable listingsCurrently listed nearby in River Oaks · asking prices
$1.50Mavg asking

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

2407 East Gate Crescent$1.50M2171 Margot Street$1.42M239 Westfield Trail$1.57M

The 3 closest active listings nearby.

See all comparable homes
1.29MThis home1.50M1.42M1.57MThis home vs active comparables
Live market pulseActive comparables in River Oaks · median list $1.51M
$737this home / sqft
7active listings nearby
29days on market

This home lists 3% below the area average of $757/sqft.

24 days longer than the Oakville average (5 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

River Oaks, 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

85/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Towne Blvd + Grovehill Rd, about 194 m away

20+ transit stops3 grocery20+ dining20+ parks9 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.

Glenorchy
$1.71M
West Oak Trails
$1.48M
College Park
$1.28M
Westmount
$1.66M
Glen Abbey
$1.98M

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
$5,875/mo
$243KIncome needed
5.3×Price ÷ income
$1,356Weekly 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.

92%mortgage
Mortgage $5,875Property tax $510Total carry $6,385

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,503per month

Mortgage amount $1,031,200 · 4.14% over 25 years

$257,800Down payment (20.0%)
$1,031,200Loan before insurance
$0CMHC premium
$6,013Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,503
Property tax
$510
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,013

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

One-time closing costs

Ontario land transfer tax
$22,255
Estimated closing costs
$22,255

Plus your down payment of $257,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,684/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

$619,660Total interest paid
$1,650,860Total of all payments
Principal $1,031,200 Interest $619,660
YearPrincipalInterestBalance
1$24,157$41,877$1,007,043
2$25,168$40,866$981,875
3$26,221$39,814$955,654
4$27,317$38,717$928,337
5$28,460$37,574$899,876
6$29,651$36,384$870,226
7$30,891$35,144$839,335
8$32,183$33,852$807,152
9$33,529$32,505$773,623
10$34,932$31,103$738,692
11$36,393$29,642$702,299
12$37,915$28,120$664,384
13$39,501$26,534$624,883
14$41,153$24,881$583,730
15$42,874$23,160$540,856
16$44,668$21,367$496,188
17$46,536$19,498$449,652
18$48,483$17,552$401,169
19$50,511$15,524$350,658
20$52,623$13,411$298,035
21$54,825$11,210$243,210
22$57,118$8,917$186,092
23$59,507$6,527$126,585
24$61,996$4,038$64,589
25$64,589$1,445$0

At the end of your 5-year term

Total paid over the term
$330,172
Principal paid down
$131,324
Interest paid
$198,848
Balance remaining
$899,876

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$3,150/mo
$37,800Gross annual rent
2.0%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.

2.9%
Gross yield
− Property tax $6,118− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,124

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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