2194 ELMHURST Avenue, Oakville, ON
Ford, Oakville · MLS® W13491056
About this home
Spectacular Smart Home Custom Designed. Ultra-Modern Executive 4+1 Bdrm With Lots Of Sun Shine. Superior Exterior Design With Stone & Stucco. Modern & Bright Interior With Welcoming Foyer. Dynamic Main Floor Boasts Upgraded Baseboards, Trims & Crown Moulding, Unique Lighting Fixtures & Chandeliers. Stunning Gourmet Kitchen Boasting Huge Island/Table With Quartz Countertops, High-End Appliances & Amazing W/I Pantry. Gorgeous 2-storey Family Room Featuring B/I Gas Fireplace, Incredible LED Chandelier & W/O to Deck & Yard. Impressive Main Level Office with B/I Cabinetry! 2nd Level Boasts 4 Bdrms, 4 Full En-Suite Bath. Private Primary Bdrm Suite Boasting Spacious W/I Closet with B/I Organizers & Spa-Like En-Suite, Freestanding Soaker Tub & Separate Shower. Bright & Spacious Walk-up Finished Basement with Above Grade Windows, 2 Additional Bedrooms (or Gym), Full 3pc Bath, Wet Bar, Games/Rec Area & Generous Entertainment Area with B/I Electric Fireplace, Large Windows & Walk-Up to Patio & Yard. Large Laundry with B/I Cabinetry And Window, Leading To Garage. High-End Blinds, Lights, Speakers, Security System, Whole-House Central Humidifier & More! Fabulous Location in Desirable Mature Eastlake Neighbourhood With Top Ranked Schools! Just Minutes from the Lake, Top Schools, Parks & Trails, Arena, GO Train, Amenities, Hwy Access & More!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13491056
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 79 × 97 ft
- Cross streets
- Ford Dr. /Right on Devon Rd /Left on Elmhurst Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double, Other
- Basement
- Walk-Up, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $19,206 / 2025
- Days on market
- 22
- Listing brokerage
- FIRST CLASS REALTY INC.
Rooms
coffered ceiling(s) · crown moulding · fireplace
coffered ceiling(s) · coffered ceiling(s) · walk-in closet(s)
ensuite bath · hardwood floor · closet
hardwood floor · window · closet
coffered ceiling(s) · crown moulding · fireplace
crown moulding · crown moulding · hardwood floor
crown moulding · crown moulding · centre island
hardwood floor · window · closet
w/o to garage · window
walk-in closet(s) · ensuite bath · walk-in closet(s)
ensuite bath · hardwood floor · closet
Listed at $3,490,000, this home is about 28% 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 $4.11M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $3.78M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $3.82M
That comparable adjusts to $3.82M; the $4.82M 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 + Elmhurst Ave is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $4.82M, 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.
- 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.
- Value driver
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 25% below the area average of $1,088/sqft.
17 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Ford, 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 + Elmhurst Ave, about 286 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 17, 2026); conventional rates run a little higher.
Mortgage amount $2,792,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,899
- Property tax
- $1,601
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,500
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,725
- Estimated closing costs
- $73,725
Plus your down payment of $698,000. 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
- $893,949
- Principal paid down
- $355,562
- Interest paid
- $538,387
- Balance remaining
- $2,436,438
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 FIRST CLASS REALTY INC.. MLS®/PropTx.