489 Rebecca Street, Oakville, ON

West, Oakville · MLS® W13494740

$2,450,000
For Sale
Listed 21 days ago
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4Bedrooms
4Bathrooms
2Garage · 8 parking
2000-2500Sq Ft

About this home

Welcome to 489 Rebecca Street in one of South West Oakville's most desirable neighbourhoods. Beautifully renovated with a transitional contemporary style, blending timeless character, warm natural finishes, and modern updates throughout, this 3+1 bedroom, 4 bathroom home offers 2,483 square feet plus a finished lower level. The thoughtfully redesigned main floor features engineered hardwood, custom cabinetry, two gas fireplaces, a spacious great room, a main floor den, powder room, mudroom, and an inviting kitchen and dining area designed for everyday living and entertaining.Upstairs, the private bedroom level offers three generous bedrooms, including a serene primary retreat with walk-in closet, a separate sitting room/den, and a spa-inspired 5-piece en suite. The finished lower level adds excellent flexibility with a large rec room/bedroom, 4-piece bathroom, laundry area, storage, and utility/workshop space.The backyard is the showpiece of the property - an award-winning private oasis with extensive stonework, lush landscaping, irrigation, multiple seating areas, two pergolas, natural gas BBQ connection, and a stunning saltwater pool with waterfall feature, hot tub, gas heater, and remote-controlled pool system. A detached two-car garage adds further convenience and has been updated with a new garage door and opener, exterior keypad, reinforced roof structure, and set up for EV charging.

Key facts

Property type
Detached, 2-Storey
MLS®
W13494740
Bedrooms
4 (3 + 1)
Bathrooms
4 (1 half)
Size
2000-2500
Lot
65 × 124 ft
Cross streets
4th line & Rebecca
Parking
2 garage · 8 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Other, Aluminum Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,577 / 2026
Days on market
21
Listing brokerage
RE/MAX ABOUTOWNE REALTY CORP.

Rooms

LaundryLower2.77 × 2.18 m

Laundry Sink

BedroomSecond4.78 × 3.02 m

broadloom · ceiling fan(s)

OfficeMain3.89 × 3.45 m

Hardwood Floor

Family RoomMain6.78 × 4.42 m

hardwood floor · w/o to pool · fireplace

Primary BedroomSecond4.78 × 6.48 m

hardwood floor · walk-in closet(s) · juliette balcony

Utility RoomLower4.76 × 6.06 m
BreakfastMain5.38 × 2.06 m

hardwood floor · overlooks backyard · breakfast bar

BedroomSecond3.84 × 3.58 m

broadloom · ceiling fan(s)

KitchenMain5.38 × 3.28 m

hardwood floor · stainless steel appl · b/i microwave

Dining RoomMain6.30 × 3.63 m

hardwood floor · fireplace · bay window

BedroomLower3.33 × 8.79 m

Broadloom

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.99Mest. value

Listed at $2,450,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.96M, 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 $1.65M
  • Bedrooms −$30K
  • Adjusts to $1.62M

That comparable adjusts to $1.62M; the $1.99M estimate above is the median of all 20 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. Rebecca St + Suffolk Ave is about a 1-minute walk away.

List price
$1.74MGreat deal$2.45MOverpriced

Total price vs nearby homes. Fair value about $1.99M, median of 20 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.72Mavg asking

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

392 Aspen Forest Drive$2.48M3086 Swansea Drive$1.55M3367 Whilabout Terrace$1.54M2517 Pine Glen Road$1.36M3343 Stocksbridge Avenue$1.70M

The 5 closest of 7 active listings nearby.

See all comparable homes
2.45MThis home2.48M1.55M1.54M1.36M1.70MThis home vs active comparables
Live market pulseActive comparables in West · median list $2.20M
$1,089this home / sqft
6active listings nearby
21days on market

This home lists 19% above the area average of $913/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

59/ 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: Rebecca St + Suffolk Ave, about 44 m away

20+ transit stops3 grocery20+ dining20+ parks12 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
Morrison
$5.03M
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
$11,166/mo
$449KIncome needed
5.5×Price ÷ income
$2,577Weekly 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.

94%mortgage
Mortgage $11,166Property tax $715Total carry $11,881

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)
$10,459per month

Mortgage amount $1,960,000 · 4.14% over 25 years

$490,000Down payment (20.0%)
$1,960,000Loan before insurance
$0CMHC premium
$11,174Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,459
Property tax
$715
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,174

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

One-time closing costs

Ontario land transfer tax
$47,725
Estimated closing costs
$47,725

Plus your down payment of $490,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12,704/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

$1,177,786Total interest paid
$3,137,786Total of all payments
Principal $1,960,000 Interest $1,177,786
YearPrincipalInterestBalance
1$45,916$79,595$1,914,084
2$47,837$77,675$1,866,247
3$49,838$75,674$1,816,410
4$51,922$73,589$1,764,488
5$54,094$71,417$1,710,394
6$56,357$69,155$1,654,037
7$58,714$66,797$1,595,323
8$61,170$64,342$1,534,153
9$63,729$61,783$1,470,424
10$66,394$59,117$1,404,030
11$69,171$56,340$1,334,859
12$72,065$53,447$1,262,794
13$75,079$50,432$1,187,715
14$78,220$47,292$1,109,495
15$81,491$44,020$1,028,004
16$84,900$40,611$943,104
17$88,451$37,060$854,653
18$92,151$33,360$762,502
19$96,006$29,506$666,496
20$100,021$25,490$566,475
21$104,205$21,306$462,269
22$108,564$16,948$353,706
23$113,105$12,407$240,601
24$117,836$7,676$122,765
25$122,765$2,747$0

At the end of your 5-year term

Total paid over the term
$627,557
Principal paid down
$249,606
Interest paid
$377,951
Balance remaining
$1,710,394

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$4,200/mo
$50,400Gross annual rent
1.4%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.

2.1%
Gross yield
− Property tax $8,577− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,879

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.

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