519 Third Line, Oakville, ON
West, Oakville · MLS® W13483362
About this home
Welcome to 519 Third Line - A Stunning Masterpiece of Intelligent Luxury Living. This exceptional custom-built residence blends cottage-inspired tranquility with cutting-edge smart-home technology and modern upscale design. Wrapped in elegant stucco with automated exterior lighting, the home welcomes you through a dramatic 17.5-ft foyer accented by rich faux wood beams, creating an unforgettable first impression. Designed for bright, modern, luxurious living, this home showcases engineered white oak flooring, sleek flush electrical outlets, designer linear vents, and oversized windows that flood the interior with natural light. A breathtaking Venetian plaster feature wall anchors the elegant main living area, while the main-level bedroom with separate entrance provides incredible flexibility for extended family, guests, nanny suite, or home office use. The chef-inspired kitchen is truly one-of-a-kind, featuring a rare Lemurian Blue granite island imported from Madagascar, premium Decor and Thermador appliances, custom cabinetry, and high-end designer finishes throughout. An entertainer's dream with both style and functionality. The upper level offers THREE oversized primary-style bedroom suites, each complete with its own private walk-in closet and spa-inspired ensuite bathroom featuring heated floors, curb less showers, floating vanities, backlit mirrors, and smart toilets for elevated everyday comfort. A fully integrated Smart Home system controlled through built-in iPads manages lighting, security, climate, and audio throughout the property. The finished basement features 8-ft ceilings, oversized windows, and a luxurious wet bar finished in leathered quartzite, perfect for entertaining or relaxing. Commercial-grade Lennox HVAC and automated irrigation complete this truly worry-free luxury residence. Situated in a highly sought-after family-friendly neighborhood surrounded by top-rated schools, parks, trails and golf courses. Some Images are virtually staged
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13483362
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5
- Size
- 3000-3500
- Lot
- 65 × 120 ft
- Cross streets
- Third Line and Bridge Road
- Parking
- 1 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Flat, Shingles
- Sewer
- Sewer
- Property tax
- $10,717 / 2025
- Days on market
- 23
- Listing brokerage
- RE/MAX REALTY SERVICES INC.
Rooms
b/i closet · tile floor
vinyl floor · window · closet
Concrete Floor
6 pc ensuite · hardwood floor · walk-in closet(s)
combined w/family · centre island · b/i appliances
Linen Closet
vinyl floor · window · closet
walk-in closet(s) · 3 pc ensuite · hardwood floor
vinyl floor · open concept · wet bar
window · vinyl floor
Tile Floor
hardwood floor · built-in speakers · electric fireplace
3 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · large window · pot lights
hardwood floor · large window · built-in speakers
tile floor · walk-out · large window
Listed at $2,499,999, this home is about 20% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
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 $2.72M, 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 $3.30M
- Adjusts to $3.30M
That comparable adjusts to $3.30M; the $3.13M 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, this is a very walkable address with everyday errands close by. Third Line + Bridge Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.13M, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Heated floors: comfort and a premium-finish signal.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Lifestyle
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 17% below the area average of $925/sqft.
17 days longer than the Oakville average (6 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
West, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Third Line + Bridge Rd, about 95 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 $1,999,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,673
- Property tax
- $893
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,566
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,975
- Estimated closing costs
- $48,975
Plus your down payment of $500,000. 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
- $640,364
- Principal paid down
- $254,700
- Interest paid
- $385,664
- Balance remaining
- $1,745,299
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 RE/MAX REALTY SERVICES INC.. MLS®/PropTx.