161 Dornie Road, Oakville, ON
Morrison, Oakville · MLS® W13476318
About this home
Set on a magnificent estate-sized lot in coveted Morrison, this classic family residence presents a rare opportunity to enjoy one of Southeast Oakville's most established + sought-after neighbourhoods. Surrounded by towering mature trees + nestled within an enclave of distinguished custom homes, the setting is every bit as compelling as the property itself.Spanning an impressive 100 feet x 150 feet, the lot offers exceptional scale, privacy + long-term potential. Whether envisioning a custom dream home or seeking a property to enjoy while future plans take shape, the possibilities are compelling. The existing residence has been well maintained + offers comfortable family living with 4+1 bedrooms, 2.5 bathrooms, generous principal rooms + a functional floor plan designed for everyday life.Outdoors, a concrete pool anchors the backyard, creating a private retreat framed by mature landscaping and a lush canopy of trees. The expansive grounds provide ample space for recreation, entertaining + future enhancement.Positioned just moments from Lake Ontario, renowned Gairloch Gardens, waterfront trails, parks and some of Oakville's finest schools, this is a neighbourhood cherished for its sense of community, natural beauty and lasting appeal. Morrison is a neighbourhood where residents put down roots, grow, and stay for generations.A rare offering that combines an exceptional lot, a livable family home and the opportunity to create something truly extraordinary in one of Oakville's most prestigious communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13476318
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 3000-3500
- Lot
- 100.16 × 150.25 ft
- Cross streets
- Cambridge Dr / Dornie Road
- Parking
- 2 garage · 10 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $13,452 / 2026
- Days on market
- 25
- Listing brokerage
- CENTURY 21 MILLER REAL ESTATE LTD.
Rooms
Listed at $2,695,000, this home is tracking about 10% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.78M, a close match.
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 $2.80M
- Bedrooms +$30K
- Adjusts to $2.83M
That comparable adjusts to $2.83M; the $2.98M estimate above is the median of all 6 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. Devon Rd + Cairncroft Rd is about a 9-minute walk away.
Total price vs nearby homes. Fair value about $2.98M, median of 6 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 38% below the area average of $1,339/sqft.
20 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morrison, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Devon Rd + Cairncroft Rd, about 750 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 $2,156,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,505
- Property tax
- $1,121
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,626
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,850
- Estimated closing costs
- $53,850
Plus your down payment of $539,000. 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
- $690,313
- Principal paid down
- $274,567
- Interest paid
- $415,746
- Balance remaining
- $1,881,433
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 CENTURY 21 MILLER REAL ESTATE LTD.. MLS®/PropTx.