2354 Eighth Line, Oakville, ON

Wedgewood Creek, Oakville · MLS® W13464516

$2,998,000
For Sale
Listed 29 days ago
4Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Welcome to 2354 Eighth Line! Perfectly positioned in one of Oakville's most desirable family-oriented neighbourhoods, this newly built residence by Stuart Riley Bespoke Builder offers approximately 3,300 SF of thoughtfully designed living space. Every detail has been crafted to elevate the way you live. Step inside to a bright, open-concept main floor where natural light fills the home & creates an inviting atmosphere for both daily living & special occasions. The chef-inspired kitchen offers generous prep space, abundant storage, & overlooks to the expansive living room, where a stunning fireplace invites family & friends to gather. A formal dining area sets the stage for memorable celebrations, while the private main-floor den provides the flexibility, ideal as a home office, study space, library, or quiet retreat.The impressive open-to-above staircase leads to a beautifully designed upper level. The primary suite serves as a true escape, complete with a spacious walk-in closet & a luxurious spa-inspired 5-piece ensuite. Three additional oversized bedrooms each offer walk-in closets & ensuite access, providing comfort & room to grow for every member of the family. An upper-level laundry room adds everyday convenience. The unfinished lower level presents an exciting opportunity to create a space that reflects your lifestyle, whether that's a home theatre, gym, games room, in-law suite, kids' play zone, or the ultimate entertainment hub. Beyond the interiors, enjoy access to top-rated schools, beautiful parks, scenic walking & cycling trails, golf courses, community centres, & everyday conveniences. Spend weekends exploring local favourites, enjoying nearby cafés & restaurants, visiting Bronte Creek Provincial Park, or taking advantage of Oakville's vibrant shopping districts & charming waterfront. With easy access to major highways, GO Transit, & countless recreational amenities, this location effortlessly connects work, play, & family life.

Key facts

Property type
Detached, 2-Storey
MLS®
W13464516
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000
Lot
40.26 × 173.88 ft
Cross streets
Dundas St E & Trafalgar Rd
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Days on market
29
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

Dining RoomMain4.36 × 3.83 m

window · open concept · hardwood floor

Bedroom 4Second4.81 × 3.82 m

4 pc ensuite · walk-in closet(s) · window

KitchenMain3.82 × 5.51 m

quartz counter · centre island · w/o to deck

Bedroom 3Second4.79 × 4.25 m

4 pc ensuite · walk-in closet(s) · window

Bedroom 2Second5.96 × 5.44 m

3 pc ensuite · walk-in closet(s) · window

Primary BedroomSecond5.20 × 6.76 m

5 pc ensuite · his and hers closets · large window

Living RoomMain5.39 × 5.51 m

electric fireplace · pot lights · hardwood floor

LaundrySecond2.98 × 1.83 m

laundry sink · quartz counter · window

OfficeMain3.19 × 3.00 m

window · double doors · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3.02Mest. value

Listed at $2,998,000, this home is about 1% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($705/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

There were not many closely comparable homes right in Wedgewood Creek, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.

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 $2.40M
  • Bedrooms −$30K
  • Adjusts to $2.37M

That comparable adjusts to $2.37M; the $3.02M estimate above is the median of all 5 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. Kestell Blvd + 8th Line is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3.00MGreat deal$3.16MOverpriced

Total price vs nearby homes. Fair value about $3.02M, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.52Mavg asking

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

3455 Liptay Avenue$2.50M2411 Saw Whet Boulevard$2.30M45 Shorewood Place$4.89M146 Third Line$4.40M

The 4 closest active listings nearby.

See all comparable homes
3.00MThis home2.50M2.30M4.89M4.40MThis home vs active comparables
Live market pulseActive comparables in Wedgewood Creek · median list $1.70M
$705this home / sqft
8active listings nearby
29days on market

This home lists 2% above the area average of $688/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

Wedgewood 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

71/ 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: Kestell Blvd + 8th Line, about 191 m away

20+ transit stops6 grocery20+ dining20+ parks14 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 Creek
$2.27M
Joshua Meadows
$1.47M
River Oaks
$1.60M
Glenorchy
$1.71M
College Park
$1.36M

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
$13,664/mo
$586KIncome needed
5.1×Price ÷ income
$3,153Weekly 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.

88%mortgage
Mortgage $13,664Property tax $1,874Total carry $15,538

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,799per month

Mortgage amount $2,398,400 · 4.14% over 25 years

$599,600Down payment (20.0%)
$2,398,400Loan before insurance
$0CMHC premium
$14,673Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,799
Property tax
$1,874
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,673

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

One-time closing costs

Ontario land transfer tax
$61,425
Estimated closing costs
$61,425

Plus your down payment of $599,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15,545/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

$1,441,226Total interest paid
$3,839,626Total of all payments
Principal $2,398,400 Interest $1,441,226
YearPrincipalInterestBalance
1$56,186$97,399$2,342,214
2$58,536$95,049$2,283,677
3$60,985$92,600$2,222,692
4$63,536$90,049$2,159,157
5$66,193$87,392$2,092,963
6$68,962$84,623$2,024,001
7$71,847$81,738$1,952,154
8$74,852$78,733$1,877,302
9$77,983$75,602$1,799,319
10$81,245$72,340$1,718,074
11$84,643$68,942$1,633,431
12$88,184$65,401$1,545,247
13$91,872$61,713$1,453,375
14$95,715$57,870$1,357,660
15$99,719$53,866$1,257,941
16$103,890$49,695$1,154,051
17$108,235$45,350$1,045,816
18$112,763$40,822$933,053
19$117,479$36,106$815,573
20$122,393$31,192$693,180
21$127,513$26,072$565,667
22$132,847$20,738$432,820
23$138,403$15,182$294,417
24$144,193$9,392$150,224
25$150,224$3,361$0

At the end of your 5-year term

Total paid over the term
$767,925
Principal paid down
$305,437
Interest paid
$462,488
Balance remaining
$2,092,963

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$7,350/mo
$88,200Gross annual rent
1.9%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.

2.9%
Gross yield
− Property tax $20,986− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $56,112

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.

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