7-2006 Glenada Crescent, Oakville, ON

Wedgewood Creek, Oakville · MLS® W13468982

$929,000
For Sale
Listed 28 days ago
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4Bedrooms
3Bathrooms
1Garage · 2 parking
2000-2249Sq Ft

About this home

Welcome to this beautifully updated end-unit townhome in Oakvilles desirable Avonlea Estates in Wedgewood Creeka well-managed, upscale condominium complex surrounded by mature trees & professionally landscaped grounds. This residence is within walking distance to parks, trails, top-rated Iroquois Ridge High School, Iroquois Ridge Community Centre, & the Upper Middle Shopping Plaza, with easy access to the QEW, 403, Uptown Core, Park & Ride, & Outlet Mall. Offering approximately 2,134 sq. ft. plus a professionally finished basement, this spacious 3-bedroom, 2.5-bathroom home features recent upgrades (2022), including wide-plank engineered hardwood on the second floor & a dark-stained staircase from the main floor to the second level. The upper level sitting room was converted to a 4th bedroom (no closet), new cordless blinds added, updated light fixtures, & floor vents replaced. This bright corner unit boasts a large stone patio in a fully fenced yard with mature trees for privacy. Extra windows throughout allow abundant natural light, & the main floor features cherry hardwood flooring & French doors. Excellent, versatile floor plan to configure to suit your needs, with a formal living room & separate dining room, a family room with a wood-burning fireplace, a powder room, inside entry to the garage, & a white kitchen with granite countertops, a breakfast bar, & a breakfast room with a walkout to the serene backyard. Upstairs offers 4 bedrooms, 2 full bathrooms & a charming loft overlooking the staircase. The spacious primary suite features a 5-piece ensuite bath with a soaker tub & separate shower. Downstairs, pot lights, wide-plank laminate floors, a spacious recreation room, & a dedicated exercise roomcreate the ideal setting for modern family living in a prime Oakville location.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13468982
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2249
Cross streets
Glenada & Glenbrook
Parking
1 garage · 2 parking (attached)
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Maintenance
$488/mo
Exposure
East
Property tax
$3,965 / 2025
Days on market
28
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Living RoomMain4.90 × 3.35 m

french doors · hardwood floor

Exercise RoomBasement6.12 × 4.11 m

french doors · laminate · pot lights

Primary BedroomSecond4.85 × 4.57 m

hardwood floor · walk-in closet(s)

Dining RoomMain3.07 × 3.07 m

french doors · hardwood floor

Family RoomMain4.42 × 3.33 m

hardwood floor · fireplace

RecreationBasement8.48 × 4.06 m

laminate · pot lights

Bedroom 2Second4.19 × 3.30 m

Hardwood Floor

KitchenMain4.90 × 2.95 m

pantry · granite counters · centre island

Bedroom 3Second4.19 × 3.02 m

Hardwood Floor

DenSecond3.05 × 2.77 m

Hardwood Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.22Mest. value

Listed at $929,000, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

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

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 $922K, lower than the comparables and worth a second look.

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 $960K
  • Size difference +$240K
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $1.22M

That comparable adjusts to $1.22M; the $1.22M 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. Upper Middle Rd East + Grosvenor St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$929KGreat deal$1.37MOverpriced

Total price vs nearby homes. Fair value about $1.22M, 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.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Wedgewood Creek · asking prices
$969kavg asking

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

17-2006 Glenada Crescent$960k19-2006 Glenada Crescent$950k41-300 Ravineview Way$998k

The 3 closest active listings nearby.

See all comparable homes
929kThis home960k950k998kThis home vs active comparables
Live market pulseActive comparables in Oakville · median list $839K
$437this home / sqft
36active listings nearby
28days on market

This home lists 31% below the area average of $631/sqft.

10 days faster than the Oakville average (38 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

81/ 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: Upper Middle Rd East + Grosvenor St, about 124 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.

Falgarwood
$580K
College Park
$694K
River Oaks
$589K
Glenorchy
$830K
Westmount
$606K

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
$4,234/mo
$184KIncome needed
5.0×Price ÷ income
$977Weekly 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.

84%mortgage
Mortgage $4,234Property tax $330Condo fee $488Total carry $5,053

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)
$3,966per month

Mortgage amount $743,200 · 4.14% over 25 years

$185,800Down payment (20.0%)
$743,200Loan before insurance
$0CMHC premium
$4,784Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,966
Property tax
$330
Condo / maintenance fees
$488
Heating
$0
Estimated monthly cost
$4,784

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

One-time closing costs

Ontario land transfer tax
$15,055
Estimated closing costs
$15,055

Plus your down payment of $185,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,817/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

$446,597Total interest paid
$1,189,797Total of all payments
Principal $743,200 Interest $446,597
YearPrincipalInterestBalance
1$17,411$30,181$725,789
2$18,139$29,453$707,651
3$18,898$28,694$688,753
4$19,688$27,904$669,065
5$20,512$27,080$648,553
6$21,370$26,222$627,184
7$22,263$25,328$604,920
8$23,195$24,397$581,726
9$24,165$23,427$557,561
10$25,176$22,416$532,385
11$26,229$21,363$506,157
12$27,326$20,266$478,831
13$28,469$19,123$450,362
14$29,660$17,932$420,702
15$30,900$16,692$389,802
16$32,193$15,399$357,610
17$33,539$14,053$324,070
18$34,942$12,650$289,128
19$36,404$11,188$252,724
20$37,926$9,665$214,798
21$39,513$8,079$175,285
22$41,166$6,426$134,119
23$42,888$4,704$91,232
24$44,681$2,910$46,550
25$46,550$1,041$0

At the end of your 5-year term

Total paid over the term
$237,959
Principal paid down
$94,647
Interest paid
$143,313
Balance remaining
$648,553

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$6,800/mo
$81,600Gross annual rent
6.7%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.

8.8%
Gross yield
− Property tax $3,965− Condo fees $5,858− Insurance $600− Vacancy & upkeep $8,976Net operating income $62,201

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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