506 PONDVIEW Place, Oakville, ON
Wedgewood Creek, Oakville · MLS® W13508004
About this home
Welcome to this beautifully renovated 1,770 sq. ft. above-grade detached home in the highly sought-after Wedgewood Creek community. Located within one of Oakville's highest-ranked school districts, home to Munn's Public School (Top 2%) and Iroquois Ridge High School (Top 1%), according to the Fraser Institute. This bright and spacious home offers 3 bedrooms, 3.5 bathrooms, and has been meticulously renovated from top to bottom. Rich hardwood flooring extends throughout the main and second levels, while the thoughtfully designed open-concept layout seamlessly connects the living room with its classic fireplace, formal dining area, and inviting breakfast space.The stunning chef's kitchen features quartz countertops, premium cabinetry, a full-height tile backsplash, breakfast bar seating, and a suite of nearly new stainless steel appliances. Upstairs, the spacious primary bedroom offers a fully renovated 4-piece ensuite, creating the perfect private retreat. Two generously sized secondary bedrooms share a beautifully updated 3-piece bathroom with a custom glass walk-in shower.A professionally finished basement adds exceptional versatility with space for a recreation room, home office, fitness area, or media lounge.Step outside to enjoy the private, generously sized backyard complete with a deck and storage shed - perfect for relaxing or entertaining.Nature lovers will appreciate being surrounded by ponds, forests, valleys, parks, and scenic walking trails, while remaining just a short walk to Uptown Core, Iroquois Ridge High School, the community centre with pool, gym, library, newly renovated tennis courts, pickleball courts, cricket facilities, and more. Combining exceptional comfort, thoughtful renovations, and an unbeatable location, this move-in-ready home is nestled in one of Oakville's most desirable family neighbourhoods. A rare opportunity to own in Oakville's Wedgewood Creek - Don't miss this sweet home!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13508004
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 32.09 × 105.05 ft
- Cross streets
- Eighth Line/Ravineview (S of Dundas) Eighth Line/Woodridge Way(N of Glenashton)
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private Double, Other
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,357 / 2026
- Days on market
- 16
- Listing brokerage
- CRIMSON ROSE REAL ESTATE INC.
Rooms
Hardwood Floor
3 Pc Bath
4 pc ensuite · hardwood floor
Hardwood Floor
3 Pc Bath
4 Pc Ensuite
2 Pc Bath
Listed at $1,349,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Wedgewood Creek, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.45M, higher than the comparables and worth a second look.
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 $1.59M
- Adjusts to $1.59M
That comparable adjusts to $1.59M; the $1.18M estimate above is the median of all 9 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. 8th Line + Kestell Blvd 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 $1.18M, median of 9 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Weigh carefully
- Lifestyle
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 14% above the area average of $679/sqft.
11 days longer than the Oakville average (5 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wedgewood Creek, 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: 8th Line + Kestell Blvd, about 174 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 $1,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,759
- Property tax
- $530
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,289
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Estimated closing costs
- $23,455
Plus your down payment of $269,800. 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
- $345,541
- Principal paid down
- $137,436
- Interest paid
- $208,104
- Balance remaining
- $941,764
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 CRIMSON ROSE REAL ESTATE INC.. MLS®/PropTx.