1248 Bowman Drive, Oakville, ON

Glen Abbey, Oakville · MLS® W13503642

$2,080,000
For Sale
Listed 17 days ago
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5Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Nestled On One Of Glen Abbey's Most Coveted Streets, This Exceptional 4-Bedroom, 4-Bathroom Family Home Offers The Perfect Blend Of Luxury, Privacy, And Convenient Access To The Scenic 14 Mile Creek Trail And Glen Abbey Trail System. Carefully Maintained From Top To Bottom, This Home Showcases Premium European-Inspired Design And Top-Quality Materials Throughout.The Gourmet Kitchen Features Full-Slab Marble Countertops, European Solid Wood Cabinetry, And Heated Floors In The Kitchen And Second-Floor Bathrooms. Elegant Bathrooms Offer Marble Vanities, Moen Fixtures, And Premium Tile. Quality Finishes Include Triple-Pane Vinyl Windows, Douglas Zebra Blinds, And Custom Site-Finished Hardwood Flooring.Additional Features Include A Remote-Controlled Gas Fireplace, Premium Garage Flooring, Full Stone Landscaping, French Double Doors, Front-Yard Sprinkler System, Upgraded Pool Equipment With A Robotic Cleaner, Wildlife Deterrent System, Aluminum Gutter Guards, And Expansive Windows Throughout That Overlook The Private Backyard, Filling The Home With Natural Light.

Key facts

Property type
Detached, 2-Storey
MLS®
W13503642
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
49.21 × 111.55 ft
Cross streets
Brays Lane/Bowman Drive
Parking
2 garage · 4 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$7,880 / 2026
Days on market
17
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenGround5.70 × 5.05 m

ceramic floor · w/o to deck

Primary BedroomSecond6.10 × 5.20 m

5 pc ensuite · hardwood floor · walk-in closet(s)

Family RoomGround5.01 × 3.70 m

gas fireplace · open concept · sunken room

Dining RoomGround3.70 × 3.70 m

bay window · hardwood floor · pot lights

BedroomSecond3.94 × 3.45 m

hardwood floor · double closet

Living RoomGround5.96 × 3.26 m

cathedral ceiling(s) · hardwood floor · sunken room

BedroomSecond3.45 × 3.40 m

hardwood floor · double closet

OfficeGround3.38 × 3.22 m

Hardwood Floor

BedroomSecond4.02 × 3.51 m

hardwood floor · double closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.69Mest. value

Listed at $2,080,000, 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 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.89M, 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 $1.60M
  • Adjusts to $1.60M

That comparable adjusts to $1.60M; the $1.69M estimate above is the median of all 11 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. Heritage Way + Brays Lane is about a 3-minute walk away.

List price
$1.64MGreat deal$2.08MOverpriced

Total price vs nearby homes. Fair value about $1.69M, median of 11 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.
  • Heated floors: comfort and a premium-finish signal.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Glen Abbey · asking prices
$1.97Mavg asking

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

1311 Playter Place$2.05M1359 Saddler Circle$1.97M2200 Brays Lane$1.95M1429 Thistledown Road$1.90M298 Northwood Drive$2.00M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.08MThis home2.05M1.97M1.95M1.90M2.00MThis home vs active comparables
Live market pulseActive comparables in Glen Abbey · median list $1.90M
$756this home / sqft
27active listings nearby
17days on market

This home lists 13% above the area average of $668/sqft.

12 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

Glen Abbey, 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

57/ 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: Heritage Way + Brays Lane, about 222 m away

20+ transit stops2 grocery18 dining12 parks5 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.

West
$1.86M
Westmount
$1.67M
West Oak Trails
$1.48M
Bronte Creek
$1.77M
Southwest
$3.79M

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
$9,480/mo
$384KIncome needed
5.4×Price ÷ income
$2,188Weekly 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 $9,480Property tax $657Total carry $10,137

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)
$8,880per month

Mortgage amount $1,664,000 · 4.14% over 25 years

$416,000Down payment (20.0%)
$1,664,000Loan before insurance
$0CMHC premium
$9,536Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,880
Property tax
$657
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,536

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

One-time closing costs

Ontario land transfer tax
$38,475
Estimated closing costs
$38,475

Plus your down payment of $416,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,785/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

$999,916Total interest paid
$2,663,916Total of all payments
Principal $1,664,000 Interest $999,916
YearPrincipalInterestBalance
1$38,982$67,575$1,625,018
2$40,612$65,944$1,584,406
3$42,311$64,246$1,542,095
4$44,081$62,476$1,498,014
5$45,925$60,632$1,452,089
6$47,846$58,711$1,404,244
7$49,847$56,710$1,354,397
8$51,932$54,625$1,302,464
9$54,104$52,452$1,248,360
10$56,367$50,189$1,191,993
11$58,725$47,832$1,133,268
12$61,182$45,375$1,072,086
13$63,741$42,816$1,008,346
14$66,407$40,150$941,939
15$69,185$37,372$872,754
16$72,078$34,478$800,676
17$75,093$31,463$725,583
18$78,234$28,322$647,348
19$81,507$25,050$565,841
20$84,916$21,641$480,925
21$88,468$18,089$392,457
22$92,168$14,388$300,289
23$96,024$10,533$204,265
24$100,040$6,516$104,225
25$104,225$2,332$0

At the end of your 5-year term

Total paid over the term
$532,783
Principal paid down
$211,911
Interest paid
$320,873
Balance remaining
$1,452,089

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$5,250/mo
$63,000Gross annual rent
2.2%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.

3.0%
Gross yield
− Property tax $7,880− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,790

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

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