24-61 Sarah Lane, Oakville, ON

Bronte, Oakville · MLS® W13517938

$729,000
For Sale
Listed 14 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Fabulous updated townhome over 1300sq ft of living area, located steps to the lake and Bronte shops and restaurants. Walk to everything, leave your car at home! This property has a nicely updated kitchen, hardwood floors (no carpet anywhere!) and both bathrooms have been renovated. Located in a quiet part of the complex backing onto a large green space, there is a huge private deck off the living area perfect for BBQ'ing and features a handy gate to the back yard area. The home is flooded with light from the west facing patio doors. The principal bedroom is large and has a split heating/ A/C for those hot summer nights and there is also a unit on the main floor to keep the rest of the house cool. The electrical panel was updated in 2025 and the owner has paid in full the current assessment for the garage upgrade. Extra parking is available to rent through the property manager. This is truly a turnkey property in a wonderful neighbourhood with all the amenities outside your door.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13517938
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Lakeshore and Bronte
Parking
1 garage (underground)
Basement
Finished, Full
Heating
Baseboard
A/C
Wall Unit(s)
Exterior
Brick Veneer
Maintenance
$751/mo
Exposure
West
Property tax
$3,033 / 2026
Days on market
14
Listing brokerage
Sutton Group Quantum Realty Inc., Brokerage

Rooms

BedroomSecond3.94 × 2.62 m
Powder RoomGround1.87 × 1.02 m
Dining RoomGround3.57 × 2.35 m
Primary BedroomSecond5.17 × 3.46 m
BathroomSecond2.44 × 1.56 m
Living RoomGround5.17 × 3.51 m
RecreationLower5.17 × 3.75 m
KitchenGround2.43 × 2.92 m
BedroomSecond4.89 × 2.44 m
DenLower5.17 × 3.52 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$599Kest. value

Listed at $729,000, this home is about 22% 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 ($663/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Bronte, so I widened the search to the surrounding area.

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 $678K, 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 $599K
  • Adjusts to $599K

That comparable adjusts to $599K; the $599K 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Lakeshore Rd West + Windsor Gate is about a 2-minute walk away.

List price
$584KGreat deal$729KOverpriced

Total price vs nearby homes. Fair value about $599K, 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.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$654kavg asking

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

116-1538 Lancaster Drive$685k119-1538 Lancaster Drive$599k30-1518 Sixth Line$550k66 Worthington Drive$599k56-2272 Mowat Avenue$839k

The 5 closest of 7 active listings nearby.

See all comparable homes
729kThis home685k599k550k599k839kThis home vs active comparables
Live market pulseActive comparables in Bronte · median list $1.03M
$663this home / sqft
5active listings nearby
14days on market

This home lists 4% below the area average of $689/sqft.

24 days faster than the Oakville average (38 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Bronte, 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

65/ 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: Lakeshore Rd West + Windsor Gate, about 122 m away

20+ transit stops3 grocery20+ dining20+ parks8 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.

Westmount
$606K
College Park
$694K
Falgarwood
$580K
Glenorchy
$830K
River Oaks
$589K

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
$3,323/mo
$152KIncome needed
4.8×Price ÷ income
$767Weekly 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.

77%mortgage
Mortgage $3,323Property tax $253Condo fee $751Total carry $4,326

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)
$3,112per month

Mortgage amount $583,200 · 4.14% over 25 years

$145,800Down payment (20.0%)
$583,200Loan before insurance
$0CMHC premium
$4,116Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,112
Property tax
$253
Condo / maintenance fees
$751
Heating
$0
Estimated monthly cost
$4,116

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

One-time closing costs

Ontario land transfer tax
$11,055
Estimated closing costs
$11,055

Plus your down payment of $145,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,780/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

$350,451Total interest paid
$933,651Total of all payments
Principal $583,200 Interest $350,451
YearPrincipalInterestBalance
1$13,662$23,684$569,538
2$14,234$23,112$555,304
3$14,829$22,517$540,475
4$15,450$21,897$525,025
5$16,096$21,250$508,929
6$16,769$20,577$492,160
7$17,470$19,876$474,690
8$18,201$19,145$456,489
9$18,963$18,384$437,526
10$19,756$17,590$417,771
11$20,582$16,764$397,189
12$21,443$15,903$375,746
13$22,340$15,006$353,406
14$23,274$14,072$330,131
15$24,248$13,098$305,884
16$25,262$12,084$280,622
17$26,319$11,027$254,303
18$27,420$9,926$226,883
19$28,567$8,779$198,317
20$29,761$7,585$168,555
21$31,006$6,340$137,549
22$32,303$5,043$105,245
23$33,654$3,692$71,591
24$35,062$2,284$36,529
25$36,529$817$0

At the end of your 5-year term

Total paid over the term
$186,730
Principal paid down
$74,271
Interest paid
$112,460
Balance remaining
$508,929

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$3,400/mo
$40,800Gross annual rent
3.2%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.

5.6%
Gross yield
− Property tax $3,033− Condo fees $9,010− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,669

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Sutton Group Quantum Realty Inc., Brokerage. MLS®/PropTx.

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