4-2205 Lillykin Street, Oakville, ON

River Oaks, Oakville · MLS® W13500298

$659,000
For Sale
Listed 18 days ago
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2Bedrooms
3Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome To This Beautifully Maintained 2-Storey Townhome Nestled In Oakville's Highly Desirable River Oaks Community. Thoughtfully Designed With A Bright Open-Concept Layout, This Home Is Filled With Natural Light And Offers A Warm, Inviting Atmosphere Throughout. Enjoy Fresh Paint, Elegant 9-Foot Ceilings On The Main Level, And Spacious Principal Rooms Ideal For Everyday Living And Entertaining. Step Outside To A Large Private Patio, Perfect For Summer Gatherings, BBQs, Or Relaxing Outdoors. Conveniently Located Just Minutes From Top-Rated Schools, Sheridan College, Parks, Trails, Shopping, Restaurants, Oakville Place, Oakville GO Station, And Major Highways Including The QEW, 403 & 407. An Exceptional Opportunity To Own In One Of Oakville's Most Established And Family-Friendly Neighbourhoods.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13500298
Bedrooms
2
Bathrooms
3 (1 half)
Size
900-999
Cross streets
Trafalgar & Glenashton Av
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$295/mo
Exposure
North
Property tax
$2,875 / 2026
Days on market
18
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Living RoomMain4.13 × 4.57 m

laminate · combined w/living · w/o to patio

KitchenMain3.59 × 2.43 m

laminate · stainless steel appl · quartz counter

Dining RoomMain4.32 × 4.57 m

laminate · combined w/living · quartz counter

Bedroom 2Second2.71 × 2.77 m

broadloom · closet · window

Primary BedroomSecond3.77 × 2.80 m

broadloom · 4 pc ensuite · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$540Kest. value

Listed at $659,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

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 $514K, 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 $600K
  • Bathrooms +$15K
  • Adjusts to $615K

That comparable adjusts to $615K; the $540K 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, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$531KGreat deal$659KOverpriced

Total price vs nearby homes. Fair value about $540K, 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in River Oaks · asking prices
$578kavg asking

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

19-51 Hays Boulevard$600k306-263 Georgian Drive$619k19-2460 Post Road$549k16-2492 Post Road$599k28-2468 POST Road$525k

The 5 closest of 7 active listings nearby.

See all comparable homes
659kThis home600k619k549k599k525kThis home vs active comparables
Live market pulseActive comparables in River Oaks · median list $549K
$694this home / sqft
8active listings nearby
18days on market

This home lists 19% above the area average of $583/sqft.

20 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

River Oaks, 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Wedgewood Creek
$959K
College Park
$694K
Falgarwood
$580K
Glenorchy
$830K
Westmount
$606K

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
$3,004/mo
$131KIncome needed
5.0×Price ÷ income
$693Weekly 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.

85%mortgage
Mortgage $3,004Property tax $240Condo fee $295Total carry $3,538

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%
$
%
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)
$2,813per month

Mortgage amount $527,200 · 4.14% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$3,348Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,813
Property tax
$240
Condo / maintenance fees
$295
Heating
$0
Estimated monthly cost
$3,348

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

One-time closing costs

Ontario land transfer tax
$9,655
Estimated closing costs
$9,655

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,417/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

$316,800Total interest paid
$844,000Total of all payments
Principal $527,200 Interest $316,800
YearPrincipalInterestBalance
1$12,350$21,410$514,850
2$12,867$20,893$501,982
3$13,405$20,355$488,577
4$13,966$19,794$474,611
5$14,550$19,210$460,061
6$15,159$18,601$444,902
7$15,793$17,967$429,109
8$16,453$17,307$412,656
9$17,142$16,618$395,514
10$17,859$15,901$377,655
11$18,606$15,154$359,050
12$19,384$14,376$339,666
13$20,195$13,565$319,471
14$21,039$12,721$298,432
15$21,920$11,841$276,512
16$22,836$10,924$253,676
17$23,792$9,968$229,884
18$24,787$8,973$205,097
19$25,824$7,936$179,274
20$26,904$6,856$152,370
21$28,029$5,731$124,341
22$29,201$4,559$95,140
23$30,423$3,337$64,717
24$31,695$2,065$33,021
25$33,021$739$0

At the end of your 5-year term

Total paid over the term
$168,800
Principal paid down
$67,139
Interest paid
$101,661
Balance remaining
$460,061

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$3,050/mo
$36,600Gross annual rent
3.9%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.

5.6%
Gross yield
− Property tax $2,875− Condo fees $3,540− Insurance $600− Vacancy & upkeep $4,026Net operating income $25,559

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

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