403 Willis Drive, Oakville, ON

West, Oakville · MLS® W13494196

$3,588,000
For Sale
Listed 21 days ago
5Bedrooms
5Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Welcome to 403 Willis Dr, where luxury is defined by thoughtful design, exceptional craftsmanship & spaces that are as functional as they are beautiful. Offering over 5,200 SF of impeccably finished living space, this custom-built residence is nestled among Oakville's finest estates, just minutes from the waterfront, blending smart home innovation w/ everyday comfort. A distinguished interior showcases hardwood floors, soaring ceilings & oversized windows that flood the home w/ natural light. Designed for effortless entertaining & comfortable living, the main level offers a formal living room, elegant dining room & inviting family room anchored by a gas fireplace. The gourmet kitchen is the heart of the home, featuring quartz countertops, premium Wolf appliances, a large centre island, W/I servery & bright breakfast area w/ seamless access to the covered outdoor living space. Above, a skylight brightens the upper level. Four spacious bedrooms include a luxurious primary retreat w/ W/I closet & spa-inspired 5-pc ensuite, while a second bedroom enjoys its own ensuite & the remaining bedrooms share a beautifully appointed bath. Below, the finished lower level offers exceptional flexibility w/ expansive rec space, 5th bedroom, full bath & dedicated office/flex room-perfect for multi-generational living, home theatre, gym, games lounge or private guest retreat. Step outside to a private backyard designed to extend your living space, featuring a covered patio for alfresco dining, summer entertaining or quiet evenings overlooking the landscaped grounds. Additional highlights include Russound whole-home audio, Hunter Wi-Fi irrigation (4 zones), YoLink leak detection, Ring alarm compatibility, smart locks, garage door openers/remotes & more! Ideally located minutes to Downtown Oakville, Lake Ontario, Bronte Harbour, Coronation Park, Glen Abbey Golf Club, reputable schools, boutique shopping, fine dining, Oakville GO, Hwys 403, QEW & 407.

Key facts

Property type
Detached, 2-Storey
MLS®
W13494196
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3000-3500
Lot
60 × 125 ft
Cross streets
Fourth Line & Rebecca St
Parking
2 garage · 8 parking (built-in)
Driveway
Private Double
Basement
Full, Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,845 / 2026
Days on market
21
Listing brokerage
SAM MCDADI REAL ESTATE INC.

Rooms

OfficeBasement3.69 × 3.38 m

separate room · above grade window · vinyl floor

Dining RoomMain5.36 × 3.44 m

crown moulding · wainscoting · hardwood floor

Living RoomMain3.61 × 3.06 m

crown moulding · overlooks frontyard · hardwood floor

Family RoomMain4.59 × 5.30 m

gas fireplace · overlooks backyard · hardwood floor

BreakfastMain4.59 × 2.90 m

pot lights · combined w/kitchen · w/o to patio

Bedroom 3Second4.31 × 3.47 m

semi ensuite · closet · window

KitchenMain5.35 × 4.06 m

b/i appliances · centre island · quartz counter

RecreationBasement4.98 × 12.05 m

closet · open concept · walk-out

LaundrySecond2.43 × 1.83 m

laundry sink · pot lights · porcelain floor

Bedroom 4Second4.79 × 3.04 m

3 pc ensuite · closet · window

Family RoomBasement4.46 × 9.21 m

sliding doors · pot lights · walk-out

Bedroom 2Second4.34 × 3.04 m

semi ensuite · closet · window

Bedroom 5Basement4.18 × 3.28 m

separate room · above grade window · vinyl floor

Primary BedroomSecond6.15 × 3.81 m

5 pc ensuite · walk-in closet(s) · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.17Mest. value

Listed at $3,588,000, this home is about 13% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.73M, a bit higher.

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 $3.50M
  • Adjusts to $3.50M

That comparable adjusts to $3.50M; the $3.17M estimate above is the median of all 16 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. Bridge Rd + Winston Rd is about a 4-minute walk away.

List price
$2.80MGreat deal$3.59MOverpriced

Total price vs nearby homes. Fair value about $3.17M, median of 16 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in West · asking prices
$3.36Mavg asking

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

540 Patricia Drive$3.65M176 Weybourne Road$3.50M487 Orchard Drive$3.29M433 Jeanette Drive$3.20M1403 Wren Avenue$3.15M

The 5 closest of 8 active listings nearby.

See all comparable homes
3.59MThis home3.65M3.50M3.29M3.20M3.15MThis home vs active comparables
Live market pulseActive comparables in West · median list $2.95M
$1,104this home / sqft
35active listings nearby
21days on market

This home lists 22% above the area average of $905/sqft.

16 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

West, 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

55/ 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: Bridge Rd + Winston Rd, about 355 m away

20+ transit stops3 grocery20+ dining17 parks6 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.

Southwest
$3.79M
Glen Abbey
$1.98M
College Park
$1.36M
Bronte
$1.82M
West Oak Trails
$1.48M

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
$16,353/mo
$667KIncome needed
5.4×Price ÷ income
$3,774Weekly 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.

93%mortgage
Mortgage $16,353Property tax $1,320Total carry $17,673

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)
$15,318per month

Mortgage amount $2,870,400 · 4.14% over 25 years

$717,600Down payment (20.0%)
$2,870,400Loan before insurance
$0CMHC premium
$16,638Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,318
Property tax
$1,320
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,638

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

One-time closing costs

Ontario land transfer tax
$76,175
Estimated closing costs
$76,175

Plus your down payment of $717,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,605/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

$1,724,856Total interest paid
$4,595,256Total of all payments
Principal $2,870,400 Interest $1,724,856
YearPrincipalInterestBalance
1$67,244$116,567$2,803,156
2$70,056$113,754$2,733,100
3$72,987$110,824$2,660,114
4$76,040$107,771$2,584,074
5$79,220$104,590$2,504,854
6$82,534$101,276$2,422,320
7$85,986$97,824$2,336,334
8$89,583$94,227$2,246,751
9$93,330$90,480$2,153,421
10$97,234$86,577$2,056,188
11$101,301$82,509$1,954,887
12$105,538$78,272$1,849,349
13$109,953$73,858$1,739,396
14$114,552$69,258$1,624,844
15$119,343$64,467$1,505,501
16$124,335$59,475$1,381,166
17$129,536$54,274$1,251,630
18$134,954$48,856$1,116,676
19$140,599$43,211$976,076
20$146,480$37,330$829,596
21$152,607$31,203$676,989
22$158,991$24,820$517,998
23$165,641$18,169$352,357
24$172,569$11,241$179,788
25$179,788$4,022$0

At the end of your 5-year term

Total paid over the term
$919,051
Principal paid down
$365,546
Interest paid
$553,505
Balance remaining
$2,504,854

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$6,300/mo
$75,600Gross annual rent
1.4%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.

2.1%
Gross yield
− Property tax $15,845− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $50,039

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

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