88 GERMORDA Drive, Oakville, ON
College Park, Oakville · MLS® W13500832
About this home
Nestled on a quiet cul-de-sac in the highly sought-after College Park community, this exceptional property sits on a premium 90' x 100' lot and offers the potential for over 3,000 sqft. of total living space. Featuring 4 bedrooms, 3 bathrooms, and spacious principal rooms, it's the perfect opportunity to renovate, reimagine, or build your dream home. Lovingly maintained by the same family since 1989, this is a rare chance to own in one of Oakville's most established neighbourhoods, where custom-built homes continue to enhance the streetscape and long-term value. Enjoy a private backyard with an inground pool-ideal for entertaining or relaxing with family and friends all summer long. Perfectly located just minutes to the Oakville GO Station, Oakville Place Mall, top-rated schools, trendy bars & resturants, parks, golf, shopping, and major highways, this home offers an unbeatable combination of location, lot size, lifestyle, and future potential. A pre-list home inspection has been completed and is available upon request. Whether you're looking for a family home to make your own or a premium property in a neighbourhood where opportunities like this are few and far between, this is one you won't want to miss. Some images have been Virtually rendered.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13500832
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500
- Lot
- 90 × 100 ft
- Cross streets
- Sixth Line & Leighland Ave
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Full, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $7,241 / 2026
- Days on market
- 18
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
window · parquet
window · parquet
hardwood floor · overlooks garden
fireplace insert · overlooks garden · hardwood floor
walk-out · b/i appliances · ceramic floor
window · parquet
hardwood floor · bay window
4 pc ensuite · walk-in closet(s) · window
w/o to garage · window
Listed at $1,388,000, this home is about 12% below comparable homes, worth a close look. 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 $1.77M, 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 $1.35M
- Bathrooms −$15K
- Adjusts to $1.33M
That comparable adjusts to $1.33M; the $1.58M 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 very walkable address with everyday errands close by. Leighland Ave + Bomorda Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.58M, 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.
- 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Weigh carefully
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 16% below the area average of $735/sqft.
13 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
College Park, Oakville, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Leighland Ave + Bomorda Dr, about 155 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 $1,110,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,926
- Property tax
- $603
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,529
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,235
- Estimated closing costs
- $24,235
Plus your down payment of $277,600. 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
- $355,530
- Principal paid down
- $141,410
- Interest paid
- $214,121
- Balance remaining
- $968,990
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.