37 North Park Boulevard, Oakville, ON
Glenorchy, Oakville · MLS® W13469228
About this home
A rare opportunity to own a brand new, never occupied luxury home on one of Oakville's most desirable premium ravine lots. Set on a 45 ft extra deep lot backing onto a forever protected ravine with no rear neighbours, this exceptional residence offers the privacy, tranquility, and uninterrupted views that are becoming increasingly difficult to find in new construction. Every principal room at the rear of the home has been thoughtfully designed to capture the beauty of the ravine, creating a peaceful setting to enjoy year round. Offering over 3,300 sq. ft. of elegant living space, this 4 bedroom, 3.5 bathroom home showcases over $200,000 in premium upgrades selected for both style and function. The impressive stone and brick exterior, grand double door entry, soaring 10 ft ceilings, 8 ft doors on the main floor, wide plank engineered hardwood flooring, upgraded designer lighting, premium fireplace, and carefully selected finishes create a timeless interior. The chef's kitchen features upgraded stone countertops, premium cabinetry, brand new appliances, and a bright breakfast area overlooking the ravine, flowing seamlessly into the family room, making it ideal for both everyday living and entertaining. A private main floor office provides the perfect work from home space, while upstairs the luxurious primary suite enjoys breathtaking ravine views, two walk in closets, and a spa inspired ensuite. The unspoiled basement with four oversized windows offers endless possibilities for future living space. Additional features include 200 amp service, EV charger conduit, gas rough ins for the stove and BBQ, CAT6 smart home wiring, IP camera rough ins, built in speaker rough ins, and premium finishes throughout. Surrounded by scenic trails and parks, yet just minutes to top rated schools, shopping, dining, the GO Station, and Highways 403, 407, and the QEW, this is a rare opportunity to own a forever ravine property in one of Oakville's most sought after communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13469228
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 45.04 × 98.52 ft
- Cross streets
- North Park Blvd & Sixth Line
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Available
- Basement
- Partially Finished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Stone, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Days on market
- 28
- Listing brokerage
- LOMBARD GROUP REAL ESTATE INC.
Rooms
Hardwood Floor
Hardwood Floor
4 Pc Ensuite
4 Pc Ensuite
hardwood floor · stone fireplace
5 Pc Ensuite
4 Pc Ensuite
hardwood floor · stainless steel appl · backsplash
Hardwood Floor
Hardwood Floor
Listed at $1,995,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($614/sqft) is in line with the area, so you are paying for extra space rather than a premium.
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 $1.80M
- Adjusts to $1.80M
That comparable adjusts to $1.80M; the $1.85M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 16 Mile + Larry is about a 5-minute walk away.
Total price vs nearby homes. Fair value about $1.85M, 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 4% above the area average of $593/sqft.
23 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Glenorchy, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: 16 Mile + Larry, about 374 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,596,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,517
- Property tax
- $1,247
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,764
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,375
- Estimated closing costs
- $36,375
Plus your down payment of $399,000. 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
- $511,011
- Principal paid down
- $203,251
- Interest paid
- $307,760
- Balance remaining
- $1,392,749
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 LOMBARD GROUP REAL ESTATE INC.. MLS®/PropTx.