153 Cairncroft Road, Oakville, ON

Morrison, Oakville · MLS® W13512502

$3,890,000
For Sale
Listed 15 days ago
4Bedrooms
5Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Nestled on an exceptional 15,511sqft mature lot in prestigious Southeast Oakville, this beautifully renovated executive residence offers timeless elegance, luxurious finishes, and an unbeatable location within walking distance to top-ranked schools, including OTHS, EJ PS etc. Offering approximately 3487 sqft. above grade plus a finished lower level, this exceptional home features 4 bedrooms, 5 bathrooms, and thoughtfully designed living spaces perfect for both family living and entertaining.Rich wide-plank hardwood floors, crown mouldings, custom millwork, wainscoting, built-ins, pot lights, stone flooring, an impressive oak staircase with iron pickets, and four gas fireplaces showcase the home's exceptional craftsmanship. The stunning renovated chef's kitchen is appointed with premium Miele appliances, custom cabinetry, and overlooks the inviting sunken family room, creating the perfect gathering space. Elegant formal living and dining rooms provide refined spaces for entertaining, with the living room easily accommodating a baby grand piano.The luxurious primary retreat features its own gas fireplace, an expansive dressing room, and a spa-inspired 4-piece ensuite with a glass shower. The finished lower level offers a spacious recreation room, exercise room, 2-piece bath, and abundant storage.Extensive updates include a complete kitchen renovation, premium Miele appliances, exterior LED lighting, renovated garage, repaved driveway, new eavestroughs, freshly painted exterior façade, new pool liner and heater, and numerous quality improvements throughout.The spectacular backyard is a private oasis featuring a sprawling stone patio, covered terrace, and sparkling in-ground pool surrounded by mature landscaping-perfect for summer entertaining. Ideally located just steps to Lake Ontario, Gairloch Gardens, parks, trails, and only a 3-minute drive to downtown Oakville's boutique shops, fine dining, and waterfront.

Key facts

Property type
Detached, 2-Storey
MLS®
W13512502
Bedrooms
4
Bathrooms
5 (2 half)
Size
3000-3500
Lot
94 × 141 ft
Cross streets
Lakeshore East & Cairncroft
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$16,611 / 2026
Days on market
15
Listing brokerage
Re/Max Hallmark Realty Ltd.

Rooms

KitchenMain6.15 × 3.20 m

hardwood floor · quartz counter · renovated

Dining RoomMain3.94 × 3.89 m

hardwood floor · crown moulding · pot lights

Bedroom 2Second4.06 × 4.01 m

hardwood floor · crown moulding · pot lights

Primary BedroomSecond6.58 × 5.54 m

hardwood floor · gas fireplace · walk-in closet(s)

BreakfastMain6.15 × 3.43 m

hardwood floor · w/o to patio · pot lights

Family RoomMain5.61 × 5.31 m

hardwood floor · gas fireplace · crown moulding

Living RoomMain6.02 × 3.96 m

hardwood floor · gas fireplace · crown moulding

Bedroom 3Second3.71 × 2.74 m

hardwood floor · crown moulding · pot lights

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.17Mest. value

Listed at $3,890,000, this home is about 23% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,197/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.52M, 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 $3.45M
  • Bedrooms −$30K
  • Adjusts to $3.42M

That comparable adjusts to $3.42M; the $3.17M estimate above is the median of all 5 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. Devon Rd + Cairncroft Rd is about a 10-minute walk away. Worth weighing if transit access matters to you.

List price
$2.87MGreat deal$3.89MOverpriced

Total price vs nearby homes. Fair value about $3.17M, median of 5 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.
  • 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.53Mavg asking

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

1478 Creekwood Trail$2.73M1539 Bayshire Drive$2.45M1387 Willowdown Road$2.90M10 Settlers Road$2.30M2390 Taylorwood Drive$2.29M

The 5 closest of 7 active listings nearby.

See all comparable homes
3.89MThis home2.73M2.45M2.90M2.30M2.29MThis home vs active comparables
Live market pulseActive comparables in Morrison · median list $4.00M
$1,197this home / sqft
16active listings nearby
15days on market

This home lists 1% below the area average of $1,205/sqft.

10 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

Morrison, 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

24/ 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.

🚉 Nearest transit: Devon Rd + Cairncroft Rd, about 797 m away

20+ transit stops19 parks

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.

Ford
$2.51M
College Park
$1.28M
Joshua Creek
$2.27M
Southwest
$3.79M
River Oaks
$1.60M

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
$17,729/mo
$721KIncome needed
5.4×Price ÷ income
$4,091Weekly 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.

93%mortgage
Mortgage $17,729Property tax $1,384Total carry $19,114

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)
$16,607per month

Mortgage amount $3,112,000 · 4.14% over 25 years

$778,000Down payment (20.0%)
$3,112,000Loan before insurance
$0CMHC premium
$17,991Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$16,607
Property tax
$1,384
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,991

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

One-time closing costs

Ontario land transfer tax
$83,725
Estimated closing costs
$83,725

Plus your down payment of $778,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,170/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

$1,870,036Total interest paid
$4,982,036Total of all payments
Principal $3,112,000 Interest $1,870,036
YearPrincipalInterestBalance
1$72,903$126,378$3,039,097
2$75,953$123,329$2,963,144
3$79,130$120,152$2,884,014
4$82,440$116,842$2,801,574
5$85,888$113,393$2,715,686
6$89,481$109,801$2,626,205
7$93,223$106,058$2,532,982
8$97,123$102,159$2,435,859
9$101,185$98,096$2,334,674
10$105,418$93,864$2,229,256
11$109,827$89,454$2,119,429
12$114,421$84,860$2,005,007
13$119,207$80,074$1,885,800
14$124,194$75,088$1,761,607
15$129,388$69,893$1,632,218
16$134,800$64,481$1,497,418
17$140,439$58,842$1,356,979
18$146,313$52,968$1,210,666
19$152,433$46,848$1,058,232
20$158,809$40,472$899,423
21$165,452$33,829$733,971
22$172,373$26,909$561,598
23$179,583$19,699$382,015
24$187,095$12,187$194,920
25$194,920$4,361$0

At the end of your 5-year term

Total paid over the term
$996,407
Principal paid down
$396,314
Interest paid
$600,093
Balance remaining
$2,715,686

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$6,300/mo
$75,600Gross annual rent
1.3%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.

1.9%
Gross yield
− Property tax $16,611− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $49,274

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Re/Max Hallmark Realty Ltd.. MLS®/PropTx.

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