2357 Rideau Drive, Oakville, ON

Joshua Creek, Oakville · MLS® W13478004

$2,680,000
For Sale
Listed 24 days ago
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5Bedrooms
6Bathrooms
3Garage · 5 parking
3500-5000Sq Ft

About this home

Exceptionally Renovated Fernbrook Kingswood home on a premium 50' x 118' lot with rare 3-car space garage and finished walkout basement featuring a second kitchen, office, and full bath. Steps to top-rated schools. Main floor offers 9-ft ceilings, hardwood flooring, crown moulding, formal living and dining rooms, a dramatic two-storey den, and a renovated island kitchen with quartz counters, upgraded appliances, and walkout to an upgraded deck. Upper level features 4 spacious bedrooms, 3 full baths, and a luxurious primary retreat with sitting area and renovated ensuite. Extensive upgrades include a new roof (2026), furnace, water softener, HRV/air filtration system, premium flooring, designer lighting, custom closets, and landscaped backyard. A turnkey family home combining style, comfort, and functionality.

Key facts

Property type
Detached, 2-Storey
MLS®
W13478004
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
50.33 × 118.11 ft
Cross streets
Arrow Head/Rideau
Parking
3 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,412 / 2025
Days on market
24
Listing brokerage
MASTER`S CHOICE REALTY INC.

Rooms

Bedroom 2Second5.36 × 3.94 m

broadloom · semi ensuite · closet

Dining RoomMain4.85 × 3.40 m

hardwood floor · coffered ceiling(s) · pot lights

Living RoomMain4.69 × 3.63 m

hardwood floor · sunken room · pot lights

DenMain3.45 × 2.87 m

hardwood floor · cathedral ceiling(s) · california shutters

KitchenLower2.62 × 2.46 m

stainless steel appl · tile floor

BreakfastMain4.37 × 3.05 m

W/O To Deck

Bedroom 4Second3.63 × 3.33 m

broadloom · ensuite bath · closet

Primary BedroomSecond5.46 × 5.11 m

ensuite bath · walk-in closet(s) · broadloom

RecreationLower7.92 × 6.15 m

w/o to patio · laminate

KitchenMain3.96 × 3.20 m

quartz counter · breakfast bar · pot lights

Bedroom 3Second4.75 × 3.45 m

broadloom · semi ensuite · closet

Family RoomMain5.23 × 3.91 m

Hardwood Floor

Listing history

  1. Jun 20, 2026Listed$8,500

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.44Mest. value

Listed at $2,680,000, this home is about 10% 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 ($631/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. The city (MPAC) assessment points to about $2.50M, 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 $2.40M
  • Bathrooms +$15K
  • Adjusts to $2.41M

That comparable adjusts to $2.41M; the $2.44M 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. North Ridge Trail + Hall Manor Dr is about a 4-minute walk away.

List price
$2.41MGreat deal$2.68MOverpriced

Total price vs nearby homes. Fair value about $2.44M, 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$3.42Mavg asking

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

1217 Ironbridge Road$2.00M2182 Galloway Drive$2.40M225 Prince George Crescent$3.79M376 Wedgewood Drive$3.90M150 WOLFDALE Avenue$5.00M

The 5 closest of 6 active listings nearby.

See all comparable homes
2.68MThis home2.00M2.40M3.79M3.90M5.00MThis home vs active comparables
Live market pulseActive comparables in Joshua Creek · median list $2.40M
$631this home / sqft
16active listings nearby
24days on market

This home lists 4% below the area average of $656/sqft.

19 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

52/ 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: North Ridge Trail + Hall Manor Dr, about 299 m away

20+ transit stops1 grocery16 dining15 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.

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
$12,215/mo
$501KIncome needed
5.4×Price ÷ income
$2,819Weekly 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.

92%mortgage
Mortgage $12,215Property tax $1,034Total carry $13,249

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)
$11,441per month

Mortgage amount $2,144,000 · 4.14% over 25 years

$536,000Down payment (20.0%)
$2,144,000Loan before insurance
$0CMHC premium
$12,476Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,441
Property tax
$1,034
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,476

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

One-time closing costs

Ontario land transfer tax
$53,475
Estimated closing costs
$53,475

Plus your down payment of $536,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,896/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

$1,288,354Total interest paid
$3,432,354Total of all payments
Principal $2,144,000 Interest $1,288,354
YearPrincipalInterestBalance
1$50,227$87,068$2,093,773
2$52,327$84,967$2,041,446
3$54,516$82,778$1,986,930
4$56,797$80,498$1,930,133
5$59,172$78,122$1,870,961
6$61,647$75,647$1,809,314
7$64,226$73,068$1,745,088
8$66,912$70,382$1,678,175
9$69,711$67,583$1,608,464
10$72,627$64,667$1,535,837
11$75,665$61,629$1,460,172
12$78,830$58,464$1,381,342
13$82,127$55,167$1,299,215
14$85,563$51,732$1,213,652
15$89,142$48,153$1,124,510
16$92,870$44,424$1,031,640
17$96,755$40,539$934,885
18$100,802$36,492$834,083
19$105,018$32,276$729,065
20$109,411$27,883$619,654
21$113,988$23,307$505,666
22$118,756$18,539$386,911
23$123,723$13,571$263,188
24$128,898$8,396$134,290
25$134,290$3,004$0

At the end of your 5-year term

Total paid over the term
$686,471
Principal paid down
$273,039
Interest paid
$413,432
Balance remaining
$1,870,961

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$7,350/mo
$88,200Gross annual rent
2.4%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.

3.3%
Gross yield
− Property tax $12,412− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $64,686

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MASTER`S CHOICE REALTY INC.. MLS®/PropTx.

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