32 Park Avenue, Oakville, ON

Old Oakville, Oakville · MLS® W13473380

$2,595,000
For Sale
Listed 25 days ago
3Bedrooms
2Bathrooms
1Garage · 4 parking
1500-2000Sq Ft

About this home

Tucked into the coveted Orchard Beach enclave in southeast Oakville and just steps from the lake, 32 Park Avenue is a timeless residence that blends classic charm w/thoughtful modern updates. Set beyond a magnificent magnolia tree on one of Oakville's most desirable streets, this meticulously renovated home offers an exceptional lifestyle in a coveted lakeside setting. Enjoy morning strolls along the Esplanade, peaceful waterfront moments + views of sailboats gliding across the harbour. Inside, light-filled principal rooms unfold w/warmth and sophistication. The chef's kitchen is beautifully appointed with commercial grade appliances, Carrara marble countertops, slate flooring + Perrin & Rowe fixtures. Designed for both everyday living + entertaining, it flows seamlessly into the dining room + inviting living room. A glass-enclosed sunroom overlooks the gardens + is warmed by a gas stove, creating a tranquil retreat that can be enjoyed year-round. Upstairs, three generous bedrooms are served by a beautifully renovated four-piece bath. The primary bedroom enjoys access to a private terrace, offering a peaceful setting for morning coffee or quiet relaxation. The finished lower level extends the living space with a welcoming recreation room, gas fireplace, bar area + custom walnut-and-glass wine display. Outside, mature magnolias, Japanese maples, rhododendrons, hemlocks + moonbeam plantings create an enchanting English garden setting. Curated landscaping lighting + frequent visits from songbirds enhance the sense of serenity. Offering a rare blend of tranquillity + convenience, this exceptional property is just a short stroll to downtown Oakville's boutiques, cafes, restaurants, parks, harbour + waterfront trails, with GO Transit and top-ranked schools close at hand. Rarely does an opportunity arise in this prestigious lakeside pocket. Elegant, welcoming + undeniably special, this is Orchard Beach living at its finest.

Key facts

Property type
Detached, 2-Storey
MLS®
W13473380
Bedrooms
3
Bathrooms
2 (1 half)
Size
1500-2000
Lot
43.28 × 99.61 ft
Cross streets
Lakeshore Road E/Park Ave
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,755 / 2026
Days on market
25
Listing brokerage
CENTURY 21 MILLER REAL ESTATE LTD.

Rooms

FoyerMain2.95 × 1.98 m
KitchenMain3.56 × 2.51 m
RecreationBasement6.71 × 3.53 m
Living RoomMain6.05 × 3.38 m
Bedroom 2Second4.11 × 3.56 m
Primary BedroomSecond4.24 × 3.66 m
OtherBasement4.37 × 2.26 m
Bedroom 3Second3.73 × 2.51 m
Dining RoomMain3.66 × 3.43 m
Utility RoomBasement3.96 × 1.93 m
SolariumMain4.24 × 3.66 m
Moe’s TakeTeam Asgarian · Broker
Above the wider set
$2.16Mest. value

Listed at $2,595,000, this home is tracking about 20% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.76M, higher 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 $3.25M
  • Size difference −$636K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $2.57M

That comparable adjusts to $2.57M; the $2.16M estimate above is the median of all 8 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. Reynolds St + Randall St is about a 9-minute walk away.

List price
$1.74MGreat deal$2.60MOverpriced

Total price vs nearby homes. Fair value about $2.16M, median of 8 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.52Mavg asking

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

3287 Victoria Street$1.48M3343 Stocksbridge Avenue$1.70M1527 Varelas Passage$1.47M457 Ravineview Way$1.45M

The 4 closest active listings nearby.

See all comparable homes
2.60MThis home1.48M1.70M1.47M1.45MThis home vs active comparables
Live market pulseActive comparables in Old Oakville · median list $4.00M
$1,483this home / sqft
8active listings nearby
25days on market

This home lists 24% above the area average of $1,200/sqft.

20 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

Old Oakville, 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

53/ 100

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: Reynolds St + Randall St, about 680 m away

15 transit stops20+ dining20+ parks4 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.

Morrison
$5.03M
Ford
$2.51M
College Park
$1.28M
Southwest
$3.79M
West
$1.86M

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
$11,827/mo
$481KIncome needed
5.4×Price ÷ income
$2,729Weekly 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.

93%mortgage
Mortgage $11,827Property tax $896Total carry $12,723

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)
$11,078per month

Mortgage amount $2,076,000 · 4.14% over 25 years

$519,000Down payment (20.0%)
$2,076,000Loan before insurance
$0CMHC premium
$11,975Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,078
Property tax
$896
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,975

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

One-time closing costs

Ontario land transfer tax
$51,350
Estimated closing costs
$51,350

Plus your down payment of $519,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,456/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

$1,247,492Total interest paid
$3,323,492Total of all payments
Principal $2,076,000 Interest $1,247,492
YearPrincipalInterestBalance
1$48,634$84,306$2,027,366
2$50,668$82,272$1,976,699
3$52,787$80,153$1,923,912
4$54,995$77,945$1,868,916
5$57,296$75,644$1,811,621
6$59,692$73,248$1,751,929
7$62,189$70,751$1,689,740
8$64,790$68,149$1,624,950
9$67,500$65,439$1,557,449
10$70,324$62,616$1,487,126
11$73,265$59,674$1,413,860
12$76,330$56,610$1,337,531
13$79,523$53,417$1,258,008
14$82,849$50,091$1,175,159
15$86,314$46,625$1,088,845
16$89,925$43,015$998,920
17$93,686$39,254$905,234
18$97,605$35,335$807,629
19$101,688$31,252$705,942
20$105,941$26,999$600,001
21$110,372$22,567$489,628
22$114,989$17,951$374,639
23$119,799$13,141$254,840
24$124,810$8,130$130,030
25$130,030$2,909$0

At the end of your 5-year term

Total paid over the term
$664,698
Principal paid down
$264,379
Interest paid
$400,319
Balance remaining
$1,811,621

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$3,150/mo
$37,800Gross annual rent
0.8%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.

1.5%
Gross yield
− Property tax $10,755− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $21,487

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MILLER REAL ESTATE LTD.. MLS®/PropTx.

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