2313 Coronation Drive, Oakville, ON

Joshua Creek, Oakville · MLS® W13474656

$2,149,000
For Sale
Listed 25 days ago
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5Bedrooms
5Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Exceptional 4+1-bedroom, 4.5-bathroom executive home in prestigious Joshua Creek, offering approx. 3,460 sq ft above grade plus a professionally finished basement with separate staircase-ideal for in-law or multi-generational living. Located in the highly ranked Iroquois Ridge High School catchment (9.2/10 - Fraser Institute 2023/24), and steps to Iroquois Ridge Community Centre and Glenashton Park, this home blends top-tier schools, recreation, and convenience, with nearby shopping and restaurants at the Uptown Core, and close to major highways. Impressive curb appeal featuring a large shade tree, a flagstone porch, and a flagstone-trimmed driveway. The private, pool-sized backyard with cedar fencing, a 20' x 15' deck, a gazebo, an 8-person hot tub, a shed, and a natural gas BBQ, is perfect for entertaining. This sought-after Fernbrook "Melbourne" model showcases 9' ceilings, a dramatic 18' family room ceiling, maple hardwood flooring, an oak staircase with iron pickets, a second oak staircase from the main floor to the basement, 2 fireplaces, dual home theatre systems, 200-amp service, EV charger, and backup generator. The custom cherrywood kitchen by Paris Kitchens offers under- and over-cabinet lighting, granite counters, stainless steel appliances, and a walkout to the deck and yard, while the formal living/dining and a private office add versatility. Upstairs features 4 spacious bedrooms, a loft, and 3 full baths, including a luxurious primary suite with a spa-like ensuite. The finished basement includes a hidden theatre with a 12-foot screen and 4K projector, a kitchenette/wet bar, a 5th bedroom, and a 3-piece bath. Major updates include roof, A/C, on-demand hot water (2018), driveway resealed (2025), upgraded attic insulation and ventilation. Fabulous home!

Key facts

Property type
Detached, 2-Storey
MLS®
W13474656
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
49.87 × 111.55 ft
Cross streets
Kestell & Coronation
Parking
2 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished, Full, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,189 / 2025
Days on market
25
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomMain3.86 × 3.66 m

hardwood floor · open concept

BreakfastMain4.11 × 3.05 m

pot lights · w/o to deck

Living RoomMain3.86 × 3.66 m

hardwood floor · open concept

Bedroom 2Second3.76 × 3.35 m

hardwood floor · 4 pc ensuite

OfficeMain3.76 × 3.05 m

Hardwood Floor

RecreationBasement8.43 × 6.86 m

laminate · pot lights · gas fireplace

Bedroom 3Second4.47 × 3.35 m

hardwood floor · semi ensuite

BedroomBasement3.81 × 3.07 m

laminate · pot lights

KitchenBasement3.56 × 3.20 m

Granite Counters

Primary BedroomSecond6.40 × 5.79 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Family RoomMain5.79 × 3.81 m

hardwood floor · gas fireplace · cathedral ceiling(s)

DenBasement3.20 × 1.47 m
Bedroom 4Second3.81 × 3.35 m

hardwood floor · semi ensuite

KitchenMain3.81 × 3.15 m

granite counters · pot lights · b/i appliances

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.28Mest. value

Listed at $2,149,000, this home is about 6% 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 ($661/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.00M, a bit lower.

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 $2.73M
  • Bedrooms +$30K
  • Adjusts to $2.75M

That comparable adjusts to $2.75M; the $2.28M estimate above is the median of all 16 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. Kestell Blvd + Coronation Dr is about a 1-minute walk away.

List price
$2.15MGreat deal$2.43MOverpriced

Total price vs nearby homes. Fair value about $2.28M, median of 16 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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Joshua Creek · asking prices
$2.27Mavg asking

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

1403 BAYSHIRE Drive$2.30M2309 Eighth Line$1.96M1079 John Laird Circle$2.55M

The 3 closest active listings nearby.

See all comparable homes
2.15MThis home2.30M1.96M2.55MThis home vs active comparables
Live market pulseActive comparables in Joshua Creek · median list $2.30M
$661this home / sqft
27active listings nearby
25days on market

This home lists 2% above the area average of $650/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

Joshua 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

65/ 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: Kestell Blvd + Coronation Dr, about 81 m away

20+ transit stops5 grocery20+ dining20+ parks13 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 Meadows
$1.47M
River Oaks
$1.60M
Glenorchy
$1.71M
College Park
$1.28M
Morrison
$5.03M

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
$9,794/mo
$400KIncome needed
5.4×Price ÷ income
$2,260Weekly 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 $9,794Property tax $766Total carry $10,560

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)
$9,174per month

Mortgage amount $1,719,200 · 4.14% over 25 years

$429,800Down payment (20.0%)
$1,719,200Loan before insurance
$0CMHC premium
$9,940Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,174
Property tax
$766
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,940

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

One-time closing costs

Ontario land transfer tax
$40,200
Estimated closing costs
$40,200

Plus your down payment of $429,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,143/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

$1,033,087Total interest paid
$2,752,287Total of all payments
Principal $1,719,200 Interest $1,033,087
YearPrincipalInterestBalance
1$40,275$69,817$1,678,925
2$41,960$68,132$1,636,966
3$43,715$66,377$1,593,251
4$45,543$64,548$1,547,708
5$47,448$62,643$1,500,259
6$49,433$60,659$1,450,827
7$51,501$58,591$1,399,326
8$53,655$56,437$1,345,671
9$55,899$54,192$1,289,772
10$58,237$51,854$1,231,535
11$60,673$49,418$1,170,862
12$63,211$46,880$1,107,651
13$65,855$44,236$1,041,796
14$68,610$41,482$973,186
15$71,480$38,612$901,706
16$74,469$35,622$827,237
17$77,584$32,507$749,652
18$80,830$29,262$668,823
19$84,211$25,881$584,612
20$87,733$22,358$496,879
21$91,403$18,689$405,476
22$95,226$14,865$310,250
23$99,209$10,882$211,041
24$103,359$6,733$107,682
25$107,682$2,409$0

At the end of your 5-year term

Total paid over the term
$550,457
Principal paid down
$218,941
Interest paid
$331,517
Balance remaining
$1,500,259

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$6,300/mo
$75,600Gross annual rent
2.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.5%
Gross yield
− Property tax $9,189− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,695

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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