1011 Pearson Drive, Oakville, ON
College Park, Oakville · MLS® W13463840
About this home
In short
- Bright, spacious family home on a premium corner lot in College Park - 1011 Pearson Dr.
- This well-maintained 3-bedroom home features an eat-in kitchen with walkout to a large deck, sun-filled living/dining room, hardwood floors and modern pot lights.
- Finished basement with separate entrance includes a kitchenette, bedroom, office and full bath - ideal for rental income or extended family; current tenants are...
- Enjoy a large, private yard with grapevines and fruit trees.
- Conveniently located near Sheridan College, Oakville Place, top schools, parks, library and Hwy 403 - a rare opportunity in a high-demand neighbourhood.
Bright, spacious family home on a premium corner lot in College Park - 1011 Pearson Dr. This well-maintained 3-bedroom home features an eat-in kitchen with walkout to a large deck, sun-filled living/dining room, hardwood floors and modern pot lights. Finished basement with separate entrance includes a kitchenette, bedroom, office and full bath - ideal for rental income or extended family; current tenants are flexible to stay or leave. Enjoy a large, private yard with grapevines and fruit trees. Conveniently located near Sheridan College, Oakville Place, top schools, parks, library and Hwy 403 - a rare opportunity in a high-demand neighbourhood.
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- W13463840
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 120 ft
- Cross streets
- North Service Rd E Pearson Dr
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Other
- Sewer
- Sewer
- Property tax
- $4,831 / 2025
- Days on market
- 119
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
hardwood floor · closet · california shutters
stone counters · backsplash · laminate
hardwood floor · overlooks living · california shutters
tile floor · window
hardwood floor · closet · california shutters
laminate · closet · window
ceramic floor · pass through · pot lights
laminate · window
hardwood floor · closet · california shutters
hardwood floor · pot lights · california shutters
w/o to deck · pot lights · pantry
laminate · fireplace · window
Listed at $1,175,000. Going by how homes in College Park and the wider GTA have actually closed against their asking prices (about 97%, 14 local closings in 90 days), the likely sale price is near $1.14M, if it sells. A realistic range is $1.07M to $1.29M.
Independent value check: $1.00M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $941K and $1.05M).
Why $1.00M. The typical detached home sold in College Park over the past year went for about $1.21M (55 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,831 a year; the typical home sold here pays about $5,400.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
Longer on the market than typical. 119 days on the market against about 25 for homes like it here, and asking 17% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.14M, from 14 recent closings in this pocket.
The market behind the math:
About 4.1 months of inventory: 19 detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $904/sqft against an area asking average of $818/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $940K. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in College Park, so I widened the search to the surrounding area.
Based on 14 comparable homes that sold in College Park over the past two years, from 119 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.00M, which is where my estimate comes from.
Per square foot, these ask about $826/sqft; this home lists at $904/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Oakville: $1.55M in September 2026, down 2% from a year ago, on 1,378 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Oakville as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.60M | 143 |
| November 2025 | $1.64M | 110 |
| December 2025 | $1.61M | 63 |
| January 2026 | $1.62M | 51 |
| February 2026 | $1.54M | 70 |
| March 2026 | $1.63M | 101 |
| April 2026 | $1.65M | 158 |
| May 2026 | $1.68M | 192 |
| June 2026 | $1.65M | 166 |
| July 2026 | $1.60M | 134 |
| August 2026 | $1.60M | 103 |
| September 2026 | $1.55M | 87 |
Neighbourhood & location
College Park, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $940,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,197
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,600
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,975
- Estimated closing costs
- $19,975
Plus your down payment of $235,000. 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
- $311,845
- Principal paid down
- $114,851
- Interest paid
- $196,995
- Balance remaining
- $825,149
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 numbersThe last 29 whole-home leases in College Park signed at a median of $4,302 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,294. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.