1266 Lakeview Drive, Oakville, ON
Falgarwood, Oakville · MLS® W13496794
About this home
Open house Saturday June 27th 2-4pm. Nestled on a quiet, family-friendly street in desirable Falgarwood, this beautifully maintained back-split offers over 1,800 sq. ft. of living space plus a fully finished basement. The renovated kitchen opens into a bright, welcoming living room featuring a cozy fireplace and custom built-ins-perfect for everyday living and entertaining.The spacious lower-level family room includes a gas fireplace and walkout to a private backyard retreat. Upstairs, you'll find a generous primary bedroom along with two additional bedrooms, while the lower level offers a fourth bedroom which can be used as an office. The finished basement adds even more flexibility with an additional bedroom and den.Set on a premium ravine lot, the backyard is a true oasis complete with a pool featuring a heat pump as well as a new liner (updated 2025), bi-level decks, gazebo, and shed, all surrounded by mature, professional landscaping. Additional recent upgrades include a new air conditioner installed in 2025, offering added comfort and peace of mind.Conveniently located close to top-rated schools, beautiful walk-in trails, shopping, and with easy highway access, this home combines comfort, space, and an unbeatable setting.
Key facts
- Property type
- Detached, Backsplit 4
- MLS®
- W13496794
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 60.01 × 107 ft
- Cross streets
- Eighth Ln/Falgarwood/Lakeview
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- On Ground
- Property tax
- $6,543 / 2026
- Days on market
- 21
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
broadloom · california shutters · w/w closet
broadloom · california shutters
crown moulding · hardwood floor
Broadloom
broadloom · california shutters · w/w closet
Laminate
crown moulding · fireplace · hardwood floor
laminate · fireplace · w/o to deck
crown moulding · hardwood floor
laminate · w/w closet
Laminate
Listed at $1,225,000, this home is tracking about 19% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.50M, 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 $1.50M
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $1.51M
That comparable adjusts to $1.51M; the $1.51M estimate above is the median of all 7 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. 1375 North Service Rd East is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $1.51M, median of 7 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Value driver
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 9% below the area average of $773/sqft.
16 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Falgarwood, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: 1375 North Service Rd East, about 255 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
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 $980,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,230
- Property tax
- $545
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,775
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,975
- Estimated closing costs
- $20,975
Plus your down payment of $245,000. 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
- $313,779
- Principal paid down
- $124,803
- Interest paid
- $188,975
- Balance remaining
- $855,197
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
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 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 RIGHT AT HOME REALTY. MLS®/PropTx.