138-3020 Trailside Drive, Oakville, ON

Glenorchy, Oakville · MLS® W13480080

$725,000
For Sale
Listed 24 days ago
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq Ft

About this home

Stunning End-Unit Condo Townhome featuring 2 bedrooms & 3 bathrooms. Bright open-concept layout with modern finishes throughout. Upgraded kitchen with stainless steel appliances. Smart home features incl. app controls & secure entry. Private rooftop terrace with BBQ gas line and scenic Escarpment & city views. Convenient location close to amenities, shopping & dining. Includes 1 parking.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13480080
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199
Cross streets
Dundas W/Neyagawa Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$782/mo
Exposure
South East
Property tax
$3,998 / 2025
Days on market
24
Listing brokerage
CMI REAL ESTATE INC.

Rooms

Living RoomSecond0.00 × 0.00 m

combined w/dining · w/o to balcony

Dining RoomSecond0.00 × 0.00 m

combined w/living · w/o to balcony

KitchenSecond0.00 × 0.00 m

open concept · granite counters · stainless steel appl

Primary BedroomThird0.00 × 0.00 m

3 pc ensuite · juliette balcony

Bedroom 2Third0.00 × 0.00 m

large window · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$592Kest. value

Listed at $725,000, this home is about 22% 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 ($659/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Glenorchy, so I widened the search to the surrounding area.

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 $858K, 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 $441K
  • Size difference −$108K
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $318K

That comparable adjusts to $318K; the $592K 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, this is a very walkable address with everyday errands close by. 16 Mile + E/ of Trailside is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$567KGreat deal$725KOverpriced

Total price vs nearby homes. Fair value about $592K, 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$718kavg asking

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

10-2614 Dashwood Drive$700k333-349 Wheat Boom Drive$675k2386 Munns Avenue$778k

The 3 closest active listings nearby.

See all comparable homes
725kThis home700k675k778kThis home vs active comparables
Live market pulseActive comparables in Glenorchy · median list $813K
$659this home / sqft
6active listings nearby
24days on market

This home lists 5% above the area average of $628/sqft.

14 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Glenorchy, 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

85/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: 16 Mile + E/ of Trailside, about 178 m away

20+ transit stops3 grocery20+ dining20+ parks8 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.

River Oaks
$589K
College Park
$694K
Wedgewood Creek
$959K
Westmount
$606K
Falgarwood
$580K

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
$3,304/mo
$155KIncome needed
4.7×Price ÷ income
$763Weekly 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.

75%mortgage
Mortgage $3,304Property tax $333Condo fee $782Total carry $4,419

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%
$
%
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)
$3,095per month

Mortgage amount $580,000 · 4.14% over 25 years

$145,000Down payment (20.0%)
$580,000Loan before insurance
$0CMHC premium
$4,210Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,095
Property tax
$333
Condo / maintenance fees
$782
Heating
$0
Estimated monthly cost
$4,210

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

One-time closing costs

Ontario land transfer tax
$10,975
Estimated closing costs
$10,975

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,759/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

$348,529Total interest paid
$928,529Total of all payments
Principal $580,000 Interest $348,529
YearPrincipalInterestBalance
1$13,587$23,554$566,413
2$14,156$22,985$552,257
3$14,748$22,393$537,509
4$15,365$21,776$522,144
5$16,007$21,134$506,137
6$16,677$20,464$489,460
7$17,375$19,767$472,085
8$18,101$19,040$453,984
9$18,858$18,283$435,126
10$19,647$17,494$415,478
11$20,469$16,672$395,009
12$21,325$15,816$373,684
13$22,217$14,924$351,467
14$23,147$13,995$328,320
15$24,115$13,026$304,205
16$25,123$12,018$279,082
17$26,174$10,967$252,907
18$27,269$9,872$225,638
19$28,410$8,731$197,228
20$29,598$7,543$167,630
21$30,836$6,305$136,794
22$32,126$5,015$104,668
23$33,470$3,671$71,198
24$34,870$2,271$36,328
25$36,328$813$0

At the end of your 5-year term

Total paid over the term
$185,706
Principal paid down
$73,863
Interest paid
$111,843
Balance remaining
$506,137

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$3,400/mo
$40,800Gross annual rent
3.1%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.

5.6%
Gross yield
− Property tax $3,998− Condo fees $9,379− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,334

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

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