1011 Pearson Drive, Oakville, ON
College Park, Oakville · MLS® W13463840
About this home
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
- 5 (3 + 2)
- Bathrooms
- 2
- Size
- 1100-1500
- 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
- 29
- 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, 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 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.15M, a bit higher. 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 $1.23M
- Bedrooms +$30K
- Bathrooms −$30K
- Adjusts to $1.23M
That comparable adjusts to $1.23M; the $986K estimate above is the median of all 17 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. Leighland Ave + Churchill Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $986K, median of 17 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Corner lot: more light and frontage, sometimes at the cost of privacy.
- Income potential
- Value driver
- Lifestyle
- Weigh carefully
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 7% above the area average of $843/sqft.
24 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
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: Leighland Ave + Churchill Ave, about 316 m away
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 17, 2026); conventional rates run a little higher.
Mortgage amount $940,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,016
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,419
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
- $300,971
- Principal paid down
- $119,709
- Interest paid
- $181,262
- Balance remaining
- $820,291
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 RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.