47 Stewart Street, Oakville, ON

Central, Oakville · MLS® W13515700

$699,900
For Sale
Listed 15 days ago
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3Bedrooms
2Bathrooms
1Parking
1100-1500Sq Ft

About this home

Welcome to this charming English-style storey-and-a-half home in the heart of trendy Kerr Village. A beautiful stone walkway leads to the inviting front entrance and a spacious enclosed front porch with opening windows is an ideal spot to relax and enjoy the neighbourhood. The main level offers a bright living and dining room, a functional kitchen overlooking the picturesque backyard, and a convenient 3-piece bathroom. Upstairs features three generously sized bedrooms and a full bathroom, while the lower level includes a finished bonus room, perfect for a home office, recreation room, or additional living space. Offering exceptional functionality, the home features front and side entrances, a side driveway providing convenient access to the rear of the property, and sliding glass doors leading to a private English garden. The backyard is a peaceful retreat with a covered deck, charming pond with bridge (currently drained for safety), a quaint storage room, and an additional garden shed for tools and outdoor equipment. Ideally located within walking distance to schools, Kerr Street's vibrant collection of boutique shops, cafés, and restaurants, as well as Downtown Oakville and the waterfront. Enjoy a short 15-minute walk down Kerr Street to Lakeside Park, Tannery Park, and Waterworks Park along the shores of Lake Ontario. Easy access to major highways makes commuting a breeze. Kerr Village comes alive each September during the annual Kerrfest, featuring renowned Canadian musical acts, local food vendors, artisan markets, and family-friendly entertainment, making this one of Oakville's most vibrant and sought-after communities. An attachment to the listing includes valuable information from the Town of Oakville outlining the current zoning and potential opportunities for future additions or redevelopment, including permitted setbacks and additional square footage. Buyers are encouraged to complete their own due diligence with the Town of Oakville.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13515700
Bedrooms
3
Bathrooms
2
Size
1100-1500
Lot
40 × 116 ft
Cross streets
Kerr Street & Speers Rd
Parking
1 parking
Driveway
Private
Basement
Partial Basement
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,015 / 2025
Days on market
15
Listing brokerage
ROYAL LEPAGE REALTY PLUS OAKVILLE

Rooms

BreakfastMain2.64 × 2.06 m
RecreationBasement2.82 × 6.96 m
Living RoomMain4.37 × 4.11 m
Bedroom 2Second2.92 × 3.86 m
Dining RoomMain2.79 × 3.68 m
Primary BedroomSecond3.17 × 3.86 m
KitchenMain2.72 × 4.50 m
Bedroom 3Second2.08 × 3.91 m
Utility RoomBasement3.71 × 5.69 m
Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.04Mest. value

Listed at $699,900, this home is tracking about 33% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $929K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.80M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.84M

That comparable adjusts to $1.84M; the $1.04M 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 very walkable address with everyday errands close by. Stewart St west of Queen Mary Dr (17 Stewart) is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$700KGreat deal$1.52MOverpriced

Total price vs nearby homes. Fair value about $1.04M, median of 5 comparables.

Comparable listingsCurrently listed nearby in Central · asking prices
$1.20Mavg asking

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

131 Stewart Street$799k7 Stewart Street$998k86 Kerr Street$1.80M

The 3 closest active listings nearby.

See all comparable homes
700kThis home799k998k1.80MThis home vs active comparables
Live market pulseActive comparables in Central · median list $1.13M
$538this home / sqft
5active listings nearby
15days on market

This home lists 40% below the area average of $894/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

Central, 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

84/ 100

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: Stewart St west of Queen Mary Dr (17 Stewart), about 104 m away

20+ transit stops7 grocery20+ dining20+ parks20+ 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.

College Park
$1.28M
Southwest
$3.79M
Morrison
$5.03M
West
$1.86M
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
$3,190/mo
$136KIncome needed
5.1×Price ÷ income
$736Weekly 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.

91%mortgage
Mortgage $3,190Property tax $335Total carry $3,524

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)
$2,988per month

Mortgage amount $559,920 · 4.14% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$3,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,988
Property tax
$335
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,323

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

One-time closing costs

Ontario land transfer tax
$10,473
Estimated closing costs
$10,473

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,629/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

$336,462Total interest paid
$896,382Total of all payments
Principal $559,920 Interest $336,462
YearPrincipalInterestBalance
1$13,117$22,738$546,803
2$13,666$22,190$533,137
3$14,237$21,618$518,900
4$14,833$21,022$504,067
5$15,453$20,402$488,614
6$16,100$19,756$472,514
7$16,773$19,082$455,741
8$17,475$18,381$438,267
9$18,206$17,650$420,061
10$18,967$16,888$401,094
11$19,760$16,095$381,334
12$20,587$15,268$360,747
13$21,448$14,407$339,299
14$22,345$13,510$316,953
15$23,280$12,575$293,673
16$24,254$11,602$269,420
17$25,268$10,587$244,152
18$26,325$9,530$217,826
19$27,426$8,429$190,400
20$28,573$7,282$161,827
21$29,769$6,087$132,058
22$31,014$4,841$101,044
23$32,311$3,544$68,733
24$33,663$2,193$35,071
25$35,071$785$0

At the end of your 5-year term

Total paid over the term
$179,276
Principal paid down
$71,306
Interest paid
$107,971
Balance remaining
$488,614

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$2,300/mo
$27,600Gross annual rent
2.7%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.

3.9%
Gross yield
− Property tax $4,015− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,149

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REALTY PLUS OAKVILLE. MLS®/PropTx.

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